India central bank bought net $4.36bn in spot forex market in November MUMBAI: The Reserve Bank of India (RBI) bought a net of $4.36 billion in the spot foreign exchange market in... Published 19 Jan, 2023 06:36pm
Opinion India’s rising home prices, rentals a new inflation threat Rising home prices and rentals in large Indian cities could pose a new challenge to the country’s central bank in... Published 18 Jan, 2023 06:22am
Business & Finance Indian states’ finances improve, gross fiscal deficit set to fall in 2022/23: RBI MUMBAI: The finances of Indian states are expected to improve in 2022-23 with the consolidated gross fiscal deficit... Published 16 Jan, 2023 07:17pm
Business & Finance India’s foreign exchange reserves slip in first week of year MUMBAI: India’s foreign exchange reserves fell to $561.58 billion in the week through Jan. 6, the Reserve Bank of... Published 13 Jan, 2023 05:55pm
Business & Finance India’s Supreme Court upholds legality of 2016 demonetisation NEW DELHI: India’s Supreme Court on Monday upheld the legality of the government decision in 2016 to demonetise 86%... Published 02 Jan, 2023 01:20pm
Business & Finance India’s forex reserves slip for second week MUMBAI: India’s foreign exchange reserves fell to $562.81 billion in the week through Dec. 23, the Reserve Bank of... Published 30 Dec, 2022 06:25pm
Business & Finance India’s current account gap widens to 9-year high MUMBAI: India’s current account deficit widened in the July-September quarter as high commodity prices and a weak... Published 29 Dec, 2022 06:18pm
Business & Finance Indian banks may need to lift deposit rates as credit demand surges: RBI report MUMBAI: India’s banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to... Published 28 Dec, 2022 04:12am
Business & Finance Indian banks may need to lift deposit rates as credit demand surges: RBI report MUMBAI: India’s banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to... Published 27 Dec, 2022 07:03pm
Markets Indian shares extend losses on Covid, inflation worries BENGALURU: Indian shares extended fall for a third straight session on Thursday, with broad-based declines, after ... Published 23 Dec, 2022 05:54am
Markets Indian shares fall in slowest trading session on record BENGALURU: Indian shares swung to losses on Wednesday as the market registered its slowest trading day on record,... Published 22 Dec, 2022 06:26am
Business & Finance India central bank cannot prematurely pause rate tightening cycle: MPC minutes MUMBAI: India’s central bank cannot afford to prematurely pause its rate tightening cycle with inflation staying... Published 21 Dec, 2022 06:07pm
Markets Indian bond yields likely to rise on hawkish RBI comments, US yields MUMBAI: Indian government bond yields are expected to open marginally higher on Wednesday, after hawkish commentary... Published 21 Dec, 2022 09:46am
Business & Finance India’s RBI saw forward dollar book fall to $241mn in October: bulletin MUMBAI: Reserve Bank of India (RBI) had wound down much of its forward dollar holdings by the end of October, data... Published 20 Dec, 2022 06:51pm
Business & Finance Spurt in India’s liquidity surplus may not sustain for long: economists MUMBAI: The recent rise in India’s banking system liquidity surplus due to government spending and capital inflows... Published 19 Dec, 2022 06:00am
Business & Finance India’s industrial output drops to 26-month low as rate hike hits demand NEW DELHI: India’s annual industrial output contracted 4% in October, its weakest performance in 26 months, after... Published 13 Dec, 2022 07:40am
Business & Finance At $561.16bn, India's forex reserves rise for 4th week, hit over 3-month high Overall, they have declined from $632.7 billion at the beginning of this year, as the RBI has sold a portion of the reserves to ease volatility in the currency markets Published 09 Dec, 2022 05:59pm
Markets Indian rupee seen higher after oil prices fall to 11 month low; RBI decision eyed MUMBAI: The Indian rupee is expected to open higher against the dollar on Wednesday after oil prices tumbled on... Published 07 Dec, 2022 11:38am
Markets Indian bond yields seen lower as oil falls; RBI’s outlook on growth key MUMBAI: Indian government bond yields were expected to open lower on Wednesday, tracking a sharp slump in oil... Published 07 Dec, 2022 11:35am
World Microfinance turns India’s rural women into budding entrepreneurs NARELA: Pulling out a shirt from a shelf at her shop in central India, Chandrawati Rajpoot recalls the sleepless... Published 07 Dec, 2022 11:09am
Markets India’s central bank set to raise rates; outlook on growth, inflation in focus MUMBAI: The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday... Published 07 Dec, 2022 10:51am
Markets India’s FX reserves rise to $550bn in week ended Nov. 25 MUMBAI: India’s foreign exchange reserves rose for the third straight week, to $550.14 billion in the week through... Published 02 Dec, 2022 05:45pm
Markets RBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023 BENGALURU: The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December,... Published 01 Dec, 2022 11:25am
Business & Finance India’s economy likely slowed to annual 6.2% in July-Sept BENGALURU: The Indian economy likely returned to a more normal 6.2% annual growth rate in July-September after... Published 28 Nov, 2022 11:39am
Markets India’s central bank likely to go for smaller rate hikes as inflation eases MUMBAI: The Reserve Bank of India is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in... Published 15 Nov, 2022 11:36am
World India’s Oct inflation seen falling below 7% NEW DELHI: India’s retail price inflation is expected to fall below 7% in October from 7.41% in September, Reserve... Published 12 Nov, 2022 05:49pm
Markets India's forex reserves dip for week ended Nov. 4 MUMBAI: India's foreign exchange reserves resumed their fall, declining to $529.99 billion in the week through Nov.... Published 11 Nov, 2022 06:34pm
Markets Indian shares lower as all eyes on Fed policy meet BENGALURU: Indian shares were trading lower on Wednesday, broadly tracking their Asian peers, as investors were... Published 02 Nov, 2022 10:49am
Markets India central bank’s policy committee meets to discuss first inflation target miss MUMBAI: Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its scheduled... Published 01 Nov, 2022 11:39am
Business & Finance Indian rupee posts weekly rise MUMBAI: The Indian rupee was little changed against the dollar on Friday, but posted a weekly rise on bets that the... Published 31 Oct, 2022 05:55am