The Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...

A foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...

Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.

India has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...

Hudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...

India's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation r...

The Enforcement Directorate has filed a charge sheet against former Reliance executives Amitabh Jhunjhunwala and Amit Bapna. They were arre...

Canara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...

Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...

The RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...

A weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...

A significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...

With retail inflation easing to 3.48% in April and remaining below the RBI's 4% target, industry stakeholders see little immediate pressure...

India's economy is set for robust growth, exceeding Reserve Bank of India forecasts, World Bank Executive Director Neelkanth Mishra said. A...

India's central bank is likely to maintain current interest rates. Despite rising fuel costs and potential monsoon issues, a key inflation ...