The RBI is estimated to have sold $11-12 billion in the FX market in the last two days to defend the local currency.
Earlier this month, finance minister Nirmala Sitharaman announced relief on taxes for those with an annual income up to ₹12 ...
The Indian rupee strengthened by 64 paisa to 83.83 against the US dollar, marking its largest single-day gain since November ...
The Supreme Court ruled that banks aren't required to have 24/7 security guards at ATMs, overturning a Gauhati high court directive for practical reasons.
As expected, the Q3 earnings season has been sluggish, with no major shocks or disappointments. Corporates have reported a single digit profitability in Q3FY25, said Shantanu Bhargava.
Private banks in India are navigating a complex economic landscape, with rising loan defaults projected until 2025. Yet, new ...
The Reserve Bank of India (RBI) has not updated details about the bank holiday in Delhi on February 12, 2025. Also Read: Guru ...
Narendra Modi’s visit to the White House this week feels suspiciously like a victory lap for an Indian leader whose economy ...
Super wallets utilize India's DPI by integrating Aadhaar-based ID, facilitating real-time bank transactions by UPI, and ...
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to ...
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...