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STERILISATION COSTS
FCNR(B): Has RBI bought forex stability at too high a cost?The FCNR(B) scheme attracted significant foreign currency deposits for the RBI. These deposits bolstered forex reserves and stabilized the ...- A costly policy error by China should be a cautionary tale for IndiaIndia’s fertility rate has fallen below replacement level, prompting an EAC-PM working paper to argue that population control should no lon...
- The US eradicated this flesh-eating parasite decades ago. Now it is detected in Texas and New MexicoAfter vanishing for decades, the New World screwworm has made a distressing return to the United States. To address this threat, scientists...
- Ahead of the curve in managing inflationHeadline inflation is rising, driven by food and fuel, while wholesale prices approach ten percent. Core inflation remains stable, and the ...
- Centre sees no cost pain for RBI on dollar delugeThe Reserve Bank of India anticipates minimal costs from significant forex inflows. High interest rates on US treasuries are expected to of...
- Health Ministry announces medical device regulatory reforms for ease of doing businessThe Ministry of Health has introduced new regulations for medical devices. These reforms simplify requirements and enhance transparency for...
- RBI's early FCNR(B) deposit scheme closure 'data-driven' or a policy U-turn? Governor Malhotra explainsRBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...
- Our service business gave us the insight to build better products: Urban Company's Varun KhaitanUrban Company has launched its Native M3 and Native M3 Pro water purifiers with a three-year unconditional warranty and no routine servicin...
- Baking soda for cleaning sponges and scrubbers? 7 household uses you should know and try outBaking soda can help refresh grimy household cleaning tools, from dish brushes and kitchen sponges to scrubbers and bottle brushes. Its mil...
- India's spice export may fall 40 pc if EtO contamination issue not resolved quickly: FISSThe Federation of Indian Spice Stakeholders (FISS) on Friday said India's spice export may decline nearly 40 per cent in FY25 if the issue ...
- RBI opts not to sterilise some rupee liquidity amid positive foreign flowsHowever, the direction of equity gauges would determine the efficacy - and longevity - of the plan. The gauges turned negative in January a...
- Massive currency market intervention may not impact monetary policy independence: ReportForex market interventions during surges in capital flows to contain the INR volatility lead to an increase in money supply or M3, which ho...
- Botched surgeries: Chhattisgarh High Court takes suo moto cognisance; seeks reportThe Chhattisgarh High Court today sought a detailed report within ten days from the state government on the botched sterilisation surgeries...
- Narendra Modi effect: Forex reserves up by $11 billion since AprilIndia's forex reserve rose by US $11 bn so far this fiscal on the back of massive inflows from overseas investors, on the back of a stable ...
- RBI will continue to buy dollar at 58-level: BofA-MLThe rupee has gained 3 per cent in the past fortnight, riding high on the wave of Narendra Modi-led BJP's decisive election victory.
- Forex market intervention entails a cost, says SubbaraoThe challenge before the central bank is to minimise cost: RBI Governor
- Deja vu: RBI faces problem of plenty, exit dilemmaA problem of plenty faced during the earlier bull market has returned to haunt the Reserve Bank of India (RBI).
- Srinagar Municipal Corp to sterilise dogsFacing criticism from animal rights campaigners for its plans to poison over one lakh stray dogs in the city, the Srinagar Municipal Corpor...
- Tough steps to check foreign inflows likelyRBI and the finance ministry are considering a sterilisation tax and auctioning the limited foreign loans quota to help moderate the inflow...
- Inflows may exert pressure on exchange rates: IMF officialAmidst the stock market crashing, trigged by potential curbs on foreign money coming to India, a top IMF official said the capital inflows ...
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