India RBI may hike repo rate to 6.00%, pace may slow MUMBAI: The Reserve Bank of India is likely to raise its key policy rate by upto 60 basis points by the end of 2022,... Published 08 Aug, 2022 10:53am
Business & Finance India’s pace of rise of currency in circulation dips MUMBAI: India’s currency in circulation has increased by only around 500 billion rupees in the first four months ... Published 05 Aug, 2022 06:27am
Markets Indian shares extend gains as IT stocks advance BENGALURU: Indian shares rose for a seventh straight session on Thursday, taking cues from broader Asia and helped... Published 04 Aug, 2022 09:40am
Markets Indian rupee set to trade near historic low in coming three months BENGALURU: India’s rupee will trade near its historic low in the coming three months, despite a recent recovery,... Published 04 Aug, 2022 09:35am
Business & Finance India expects $8-$9bn in trade with Russia and Sri Lanka in two months NEW DELHI: India expects bilateral trade worth $8-9 billion with Russia and Sri Lanka in the next two months after ... Published 04 Aug, 2022 07:25am
Markets Indian bond yields track US peers higher, up after 9-session slide MUMBAI: Indian government bond yields rose on Wednesday after a nine-session slide, tracking a spike in US Treasury... Published 03 Aug, 2022 09:56am
Business & Finance Treasury bill cut-offs jump as banking system liquidity tightens MUMBAI: The Reserve Bank of India sold 3-month treasury bills at 5.62% on Wednesday, sharply above the 5.40% cut-off... Published 27 Jul, 2022 05:09pm
Markets India central bank prepared to spend $100bn more defending rupee MUMBAI/NEW DELHI: India’s central bank is prepared to sell a sixth of its foreign exchange reserves to defend the... Published 20 Jul, 2022 11:42am
Markets Indian rupee hits record lows despite central bank intervention MUMBAI: The Indian rupee on Wednesday touched record lows for a second straight session on persisting concerns about... Published 29 Jun, 2022 04:34pm
Business & Finance India looks to rains, not just rates, to cool hot inflation MUMBAI: As India faces a crippling surge in food and fuel prices, its policymakers will be counting mostly on this... Published 15 Jun, 2022 11:43am
Markets India hikes interest rates 50 basis points to fight inflation MUMBAI: India’s central bank on Wednesday hiked rates for a second time, as Asia’s third-largest economy reels from... Published 08 Jun, 2022 10:38am
Markets Indian shares fall for third session ahead of central bank rate decision BENGALURU: Indian shares ended lower for a third straight session on Tuesday as a surprise interest rate hike in... Published 07 Jun, 2022 04:15pm
Markets India bond yield at more than 3-year high tracking global crude MUMBAI: India’s benchmark 10-year bond yield rose to its highest levels since March 2019 in early trade on Monday as... Published 06 Jun, 2022 09:55am
Markets India central bank governor says priority is inflation, but growth important MUMBAI: The Reserve Bank of India's primary focus is to bring inflation down closer to target but it cannot ... Published 27 May, 2022 10:16am
Business & Finance Governor SBP assumes charge of Chairman of ACU Board ISLAMABAD: Dr Murtaza Syed, Governor (Acting) State Bank of Pakistan (SBP), assumed the charge of Chairman of the... Published 16 May, 2022 05:42am
Markets India wants central bank to lower bond yields NEW DELHI: India has asked its central bank to either buy back government bonds or conduct open market operations to... Published 09 May, 2022 06:29pm
Business & Finance Central Bank of India says not yet decided on branch closures MUMBAI: State-owned Central Bank of India has not yet decided on a possible extensive branch closure plan this ... Published 08 May, 2022 07:53am
Markets RBI to hike repo rate in June, earlier than previously thought BENGALURU: The Reserve Bank of India will raise its repo rate in June and hike at a faster pace than predicted just... Published 26 Apr, 2022 11:21am
Business & Finance India holds rates but starts to rein in loose policy as inflation risks rise MUMBAI: The Reserve Bank of India said on Friday it is starting to move away from its ultra-loose monetary policy... Published 09 Apr, 2022 04:39am
Markets Indian shares fell for a third straight session BENGALURU: Indian shares fell for a third straight session on Thursday as hawkish signals from the US Federal ... Published 08 Apr, 2022 05:28am
Markets India central bank removes pricing curbs on micro-finance loans MUMBAI: The Reserve Bank of India has removed pricing caps on microfinance loans given by financial institutions,... Published 14 Mar, 2022 03:08pm
Markets India bond yields fall amid global risk aversion; rupee hits 2-month low MUMBAI: Indian bond yields edged lower on Monday, despite an uptick in global crude oil prices as a risk-off trade ... Published 14 Feb, 2022 04:09pm
Markets India central bank surprises by holding both rates steady MUMBAI: The Reserve Bank of India's key lending rate was held steady at record lows on Thursday, but it surprised... Published 10 Feb, 2022 09:54am
Markets Banks, automakers drive Indian shares higher ahead of central bank decision BENGALURU: Indian shares ended sharply higher on Wednesday, lifted by automakers and bank stocks, with investor ... Published 09 Feb, 2022 05:09pm
World India's central bank reschedules policy meeting after singer's death MUMBAI: India's central bank rescheduled its monetary policy committee meeting by a day to Feb. 8-10, it said in a... Published 06 Feb, 2022 10:05pm
Markets India central bank committed to price stability while supporting growth MUMBAI: The Reserve Bank of India is committed to its mandate to keep prices stabile while keeping its growth... Published 28 Jan, 2022 06:41pm
Markets Sri Lanka central bank to get $400mn swap line from India's RBI COLOMBO: The Sri Lankan central bank will be able to access a $400 million swap line from its Indian counterpart... Published 13 Jan, 2022 06:07pm
Markets Indian bond yields stabilise after early spike tracking oil MUMBAI: Indian bond yields stabilised after rising to a near two-year high in early trade as a retreat in global... Published 05 Jan, 2022 01:16pm
Markets Indian banks must bolster capital and augment credit flow, says report MUMBAI: Indian banks need to bolster their capital to absorb potential stress and augment credit flow when policy... Published 28 Dec, 2021 05:40pm
Markets IT, pharma help Indian shares eke out gains; RBL tanks BENGALURU: Indian shares ended higher in volatile trading on Monday, helped by IT and pharmacy stocks, while RBL ... Updated 27 Dec, 2021 04:14pm