The Indian rupee is poised to open at an all-time low against the dollar on Monday, tracking a slump in Asian currencies and ...
India's factory activity started 2025 on a positive note, growing at the quickest pace in six months in January largely ...
The Indian rupee this week is expected to be undermined by the fallout of U.S. President Donald Trump imposing tariffs on ...
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
MUMBAI (Reuters) - The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see ...
For the week ended January 24, foreign currency assets, a major component of the reserves, increased from $4.758 billion to $537.891 billion, as per the RBI data.
The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.
The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...
RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...
India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.
DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a ...
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.