RBI MPC Meeting at a Glance: Your one-stop guide for all key decisionsRBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Fri...
Indian Bank revises interest rates on FCNR(B) depositsFor FCNR(B) desposits, in USD terms, the new interest rate for deposits of one year and more but less than two years has been fixed at Rs 3...
Indian Bank revises interest rates on FCNR(B) depositsDepending on the term of the deposits, the interest rates now range progressively between 3.7 and 4 per cent up from 3.6 and 3.9 per cent e...
A resilient rupee, surging bonds stole the show in 2016In a year when other emerging market bond yields shot up 30-120 basis points following a spurt in the US Treasury yields, Indian sovereign ...
All is set for improvements in the macros in H2: BK Batra, IDBI“The first half is getting to be over and the second half would actually give a little leg up to the seasonal demand and with expectations ...
Rupee devaluation: Why this desperation and can we really do anything about it?In our assessment, the rupee is considerably overvalued on a REER basis. Our projection for the rupee has been maintained at 68-70.
Rupee falls 3 paise against US dollar post RBI policy meetRupee fell to 66.87 against the US dollar. It opened at 66.78. RBI kept the policy repo rate under the liquidity adjustment facility unchan...
Impact of Brexit to continue to play a role: Soumyajit Niyogi, India Ratings & Research"A Brexit event it is a structural change in the global economy."
Positive policy cues from Rajan could be behind the buoyancy in markets: Nilesh Shah, Kotak AMCFor 16-17 months, we saw WPI on the negative side. Now that there is a little upside risk to inflation, markets are probably taking it in a...
Implications of FCNR-B outflow for financial markets and banking systemIndia will witness a likely $26 billion outflow of FCNR-B deposits, raised under a special Reserve Bank of India (RBI) scheme in 2013 aimed...
RBI seen shoring up forex kitty to ward off Federal reserve taper impactsData released yesterday said the Reserve Bank remained net purchaser of the US currency in June, buying $565 million from the spot market.
Per capita external debt up 17.55 per cent at Rs 21,493The per capita external debt was estimated at Rs 18,283 in 2012-13 and Rs 21,493 in 2013-14," Minister of State for Finance Nirmala Sithara...
Special RBI measures got India $ 9.6 bn in forex: P ChidambaramIndia has received over $ 9 billion from two foreign schemes, which were announced in September to attract foreign funds and help the count...
Raghuram Rajan's rupee gamble may help lure $30 billionRajan’s offer to hedge foreign exchange deposits of the banks at a fixed 3.5% for three years may lure another $10 billion, estimate econom...
Rupee seen gaining this week on new RBI measures; government steps eyedThe rupee is likely to get some reprieve this week as the Reserve Bank will be sucking more money out of the system beginning this Monday.
- Aurobindo Pharma stock up 40% over last 3 months
The stock of Aurobindo Pharma has appreciated over 40% over the last three months. The company has received three approvals from US FDA in ...
- Bank accounts for returning Indians
It would certainly facilitate the decision making process if the RBI settles the issue of the residential status for returning Indians. NRI...