New Delhi: The Reserve Bank of India (RBI) on Friday said that it is withdrawing banknotes of Rs 2,000 denomination from circulation. However, this will continue...
Reserve Bank of India Deputy Governor T Rabi Sankar has said internationalisation of the rupee is a desirable objective of public policy because usage of rupee...
The reserves have been falling for months now because of RBI's likely intervention in the market to defend the depreciating rupee against a surging US dollar
Typically, the RBI intervenes in the market through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the...
The Indian rupee had been depreciating and posting record lows from concerns over FII outflows, rising oil prices, ebbing interests from domestic investors, rising US Treasury...
For fresh cues, investors await RBI's upcoming monetary policy outcome. As per schedule, the next three-day monetary policy meeting will be held during September 28-30.
Hash tag #StockMarketCrash and #StockMarketIndia started trending on micro blogging site Twitter at number one.
Paring some of the early trade losses, Sensex and Nifty are currently trading around 1.5 per cent lower from Friday's closing. Domestic gold too traded weak...
Amul passes almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers
Further, reports suggest that phone and gadget maker Apple planning to slow hiring and spending is likely to have subdued stocks in India and other Asian...