Economy National
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
Economy National
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]
Business Finance
The Reserve Bank of India (RBI) kept the benchmark repo rate unchanged in its first monetary policy decision after the Union Budget, maintaining its cautious approach amid moderating inflation and steady economic growth signals. RBI Repo Rate Decision After Budget The Monetary Policy Committee decided to hold the repo rate steady, signalling continuity in its […]
Business Finance
The Reserve Bank of India on Wednesday began its Monetary Policy Committee meeting to assess macroeconomic conditions and decide on the future course of interest rates. Rate Decision Due on Friday The three-day meeting will conclude on Friday, when the RBI will announce its policy decision. The committee will review inflation trends, growth indicators, liquidity […]
Economy National
The Indian rupee has logged its worst monthly performance in three years, weakening sharply against the US dollar during January. Persistent pressure from foreign fund outflows and strong dollar demand pushed the currency close to record lows. RBI Steps In to Defend Key Level The rupee slipped near the ₹92 per dollar mark during the […]