At $524.5bn, India's forex reserves drop to lowest since July 2020 MUMBAI: India's foreign exchange reserves fell to $524.52 billion in the week through Oct. 21 to remain at their... Updated 28 Oct, 2022 05:20pm
Business & Finance Indian rupee posts sixth weekly decline MUMBAI: The Indian rupee inched higher to the dollar on Friday, while logging its sixth straight weekly decline in... Published 24 Oct, 2022 07:05am
Business & Finance Indian rupee edges up MUMBAI: The Indian rupee slipped to a record low versus the US currency on Thursday, before recovering to end the... Published 21 Oct, 2022 05:57am
Markets Indian bond yields may open lower tracking oil prices MUMBAI: Indian government bond yields may dip marginally in early trades on Wednesday tracking an overnight fall in... Published 19 Oct, 2022 10:02am
Business & Finance Indian rupee ends unchanged MUMBAI: The Indian rupee ended flat on Monday, while its Asian counterparts dropped on recession fears, as the... Published 18 Oct, 2022 06:02am
Markets India central bank’s FX intervention via forwards may hamper rupee’s defence MUMBAI: The Reserve Bank of India’s (RBI) forex intervention through forward dollar sales instead of an on-spot... Published 17 Oct, 2022 02:50pm
Markets Indian rupee likely to open flat; Treasury yields, oil prices in focus this week MUMBAI: The Indian rupee is tipped to open little changed to the dollar on Monday, with traders eyeing the... Published 17 Oct, 2022 11:16am
Markets India’s RBI asks banks to stop building positions in offshore market MUMBAI: The Reserve Bank of India, seeking to arrest the rupee’s slide, is asking local banks to not build... Published 13 Oct, 2022 10:40am
Markets India’s RBI likely sold dollars to support rupee MUMBAI: The Reserve Bank of India is likely selling dollars via state-run banks on Wednesday to support the rupee,... Published 12 Oct, 2022 10:30am
Business & Finance India’s forex reserves decline to over two-year low MUMBAI: India’s foreign exchange reserves fell to $532.66 billion in the week through Sept. 30, their lowest level... Published 07 Oct, 2022 06:18pm
Markets India’s RBI sells dollars as Indian rupee hits record low on US rate hike fears MUMBAI: The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to... Published 07 Oct, 2022 12:20pm
Business & Finance Indian rupee slides towards record low MUMBAI: The Indian rupee tumbled towards record lows on Monday amid frail risk sentiment and as oil importers ramped... Published 04 Oct, 2022 05:55am
Markets Indian bond yields rise as supply worries haunt after RBI rate hike MUMBAI: Indian government bond yields were higher on Monday, after weaker-than-expected demand at a debt auction on... Published 03 Oct, 2022 11:24am
World India defers tax levy on unblended, dirtier fuel amid rising prices NEW DELHI: India has deferred the imposition of taxes on dirtier and unblended retail fuel at a time when it is... Published 01 Oct, 2022 01:54pm
Markets Indian shares little changed after RBI rate hike BENGALURU: Indian shares on Friday were mostly unchanged after the country’s central bank hiked its key policy rate,... Published 30 Sep, 2022 11:02am
Markets India’s key policy rate raised by 50 bps as widely predicted MUMBAI: The Reserve Bank of India’s benchmark repo rate was raised by 50 basis points on Friday, the fourth straight... Published 30 Sep, 2022 10:09am
Business & Finance Indian rupee plumbs fresh low MUMBAI: The Indian rupee marked its record low close for a fourth straight session on Monday as the British ... Published 27 Sep, 2022 04:06am
Markets India central bank likely sells dollars as rupee hits fresh record low MUMBAI: The Indian rupee sank to a new record low on Monday, following the pound’s tumble and fears over more... Published 26 Sep, 2022 11:08am
Markets India forex reserves fall to near two-year low at $545.652bn MUMBAI: India’s foreign exchange reserves fell for a seventh straight week, dropping to $545.652 billion in the week... Published 23 Sep, 2022 05:34pm
Business & Finance India’s banking system liquidity may remain in deficit in second half MUMBAI: Liquidity in India’s banking system is likely to remain in deficit in the second half of this financial year... Published 21 Sep, 2022 04:53pm
Technology Google faces pressure in India to help curb illegal lending apps: sources MUMBAI: Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more... Published 19 Sep, 2022 06:12pm
World India economic growth to be sustained by consumer spending rebound, says govt review MUMBAI: A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the... Updated 17 Sep, 2022 01:17pm
Business & Finance India central bank sold net $19.05bn in spot forex market in July MUMBAI: The Reserve Bank of India sold a net $19.05 billion in the spot foreign exchange market in July, it said in... Published 16 Sep, 2022 07:35pm
Business & Finance India central bank governor says aims to manage rupee depreciation expectations MUMBAI: The Indian central bank aims to anchor expectations around the depreciating rupee and will intervene to... Published 06 Sep, 2022 09:43am
Business & Finance India’s Q1 growth may not deter RBI from raising rates MUMBAI: India’s lower-than-expected economic growth in April-June is unlikely to alter the course for the Reserve... Published 01 Sep, 2022 10:20am
Business & Finance Indian rupee slips to record low MUMBAI: The Indian rupee dropped to an all-time low versus the dollar on Monday on bets the Federal Reserve will ... Published 30 Aug, 2022 06:21am
World India to incentivize rupee-settled exports to boost Russia trade MUMBAI: India may give incentives to exporters settling trades using rupees to boost the acceptability of the... Published 24 Aug, 2022 05:38pm
Business & Finance Indian inflation still elevated, may warrant policy response MUMBAI: Inflation in India may still require a monetary policy response going forward as it remains above the target... Published 18 Aug, 2022 06:32pm
Markets Indian shares rise, BSE index touches four-month high at over 60,000 BENGALURU: Indian shares gained on Wednesday, with the S&P BSE Sensex hitting its highest level since April 5,... Updated 17 Aug, 2022 12:39pm
Business & Finance Indian rupee posts weekly loss, underperforms in Asia MUMBAI: The Indian rupee ended lower on Friday and down on week as likely one-time dollar outflows dragged the... Published 15 Aug, 2022 05:41am