The rupee edged up to 96.73 per dollar after heavy RBI intervention helped it recover intraday. Persistent corporate dollar demand, a 7% ye...

India's foreign exchange reserves have dropped by $12.95 billion to $734.60 billion as of October 2. This decline was influenced by a reduc...

On Thursday, the rupee saw a slight uptick, gaining 10 paise to settle at 96.65 against the US dollar. This increase emerged amidst tough e...

The interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...

"The impact depends on to what extent tariffs are going to be applied. So, it's premature to answer. But obviously it will have some negati...

During the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public...

The Reserve Bank of India has stated its intent to stabilize the undervalued rupee, which reached a five-month low. Despite raising the pol...

The Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable deriva...

The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, as part of efforts to strengthen foreign exchange reserves ...

Reserves have fallen to $734.6 billion in the week ended October 2, the fourth consecutive week of fall and down from a recent peak of $785...

In a bid to combat inflation, the Reserve Bank of India has increased the key interest rate to 5.5%. This decision has led to a notable dip...

The Reserve Bank of India is forming a Financial Market Consultative Committee for better engagement with market participants. This committ...

Indian banks significantly decreased the issuance of certificates of deposit, lowering outstanding amounts by ₹1.3 lakh crore. This change ...

Sebi is likely to change its closing auction mechanism after sharp derivatives price swings on expiry days. The regulator may stop using th...

India's economy is currently thriving, boasting a growth rate exceeding 7%, bolstered by diverse sectors and enhancing productivity levels....

India’s foreign exchange reserves fell $18.34 billion to $747.56 billion in the week ended September 25, marking the third consecutive week...

The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds...