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'Anti-national' forces uniting in Delhi to defame country: J'khand BJP chief on CJP protestAditya Sahu has accused anti-national forces of gathering in Delhi with intentions to defame India. These actions are reportedly backed by ...
Rupee rises to intra-day high, then slips on dollar demandThe Indian rupee gained marginally, closing at 96.73 against the dollar on Friday after interventions. The Reserve Bank of India sold dolla...
Rupee recovers to 96.73 vs US dollar after RBI intervention, but dollar demand persistsThe 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 forex reserves fall $12.95 billion to $734.60 billion in week ended October 2India'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...
India must ensure AI benefits reach every citizen, prevent digital divide from widening: ScindiaUnion Minister Jyotiraditya Scindia stressed the critical need for responsible AI growth to ensure equitable access for everyone. He highli...
RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...
Aditya Birla arm seeks $1.5 billion in rupee loans to buy Shell arm Solenergi, bankers sayAditya Birla Renewables is aiming to secure $1.5 billion in rupee-denominated loans for an acquisition. The company plans to acquire Shell ...
Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
RBI intervention halts rupee's slide to record low, risks lingerThe Indian rupee struggles amid climbing oil prices and a weakening of Asian currencies. Despite the Reserve Bank of India's intervention, ...
Stocks in news: TCS, Adani Enterprises, Ola Electric, HCL Tech, Tata Power and Varun BeveragesIndian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 50 closed down 0.76%, facing resist...
RBI rate hike will not stem outflows, leaving central bank in a bindIndia’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year...
At Rs 35.9 crore, HDFC Bank's incoming boss Anup Bagchi set to be India's highest-paid bank CEOHDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24...
RBI rate hike to test housing affordability, premium segment seen more resilientThe Reserve Bank of India recently raised the repo rate by 25 basis points to curb inflation. This increase is expected to raise borrowing ...
Soon, FD details will be part of your CAS statement; Here’s how it helps youSoon you will get to see your fixed deposit (FD) details in CAS statements. CAS stands for consolidated account statements and it is usuall...
Rupee slips to over 2-month low on portfolio outflows, RBI likely steps inThe Indian rupee faced a setback on Tuesday, falling to its weakest position in more than two months. Continuous foreign divestment in loca...
Mercedes-Benz India sales rise 8 pc in January-September 2026Mercedes-Benz has not only reached but surpassed its previous sales records in India, achieving 15,190 units sold during the January-Septem...
Rupee ends flat, anchored by RBI intervention in face of global strainsThe Indian rupee ended little changed on Monday, bolstered by central bank interventions during ongoing pressures. A firmer dollar was obse...