Focussing on the spirit of the 'flexible' inflation target framework
Given the global unknowns, the path ahead for monetary policy remains uncertain. This is reflected in the MPC’s decision to ...
India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account with an Indian bank for the purpose of settling international trade ...
RBI puts economic growth on the front burner
This has been achieved by letting the rupee become more market determined and mitigating the tightness in liquidity ...
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RBI permits opening of 156 vostro accounts with 26 banks for rupee trade
The RBI has also entered into local currency settlement system arrangements with select trade partner countries like the UAE, ...
Markets end lower as RBI’s rate cut fails to impress; FIIs continue selling spree
Equity markets close lower despite RBI rate cut, FII outflows, and global trade tensions, impacting market capitalisation and ...
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RBI Governor Sanjay Malhotra Says India Can Clock GDP Growth Rate Of Over 7 Per Cent
The MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...
Mint Primer: Is the rupee on course for a bottomless fall?
On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to ...
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...
Rupee Closes Below 279 Against US Dollar 2nd Day in a Row After Small Increase
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 280 in the interbank ...
Swiss watchmaker takes a big bet on India’s luxury boom
As China’s market for high-priced products slumps, Swiss watchmaker Rado turns to India to drive growth as the country’s ...
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Rupee posts worst week in more than two years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of ...
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Rupee Recovers 15 Paise, Closes at 87.44 vs US Dollar
The Indian rupee recovered 15 paise from its all-time low against the US dollar after the Reserve Bank of India cut the repo rate by 25 basis points. The rupee closed at 87.44 on Friday.