The union FM had announced in the budget that the rules and regulations for FDI & overseas investments will be simplified to ...

The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low amid broad-based interbank doll..

The cash injection has also led to a decline in the weighted average call rate, which represents banks’ overnight borrowing costs.

Virmani said the RBI's stated policy is that it does not target a specific exchange rate but intervenes in the market to ...

The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...

Benchmark equity indices saw modest losses on Wednesday despite gains in HDFC Bank and Infosys. Anxiety among investors ahead ...

The 1-month non-deliverable forward indicated that the rupee will open at 87.14-87.16 to the US dollar compared with 87.0675 ...

Forex traders said the rupee is trading with a negative bias over global trade war as market participants mulled the impact ...

The repo rate has been unchanged at 6.5% since February 2023, and the last rate cut was announced during the Covid-19 ...

The Indian rupee is likely to decline at open on Wednesday weighed by the currency's weakness in the non-deliverable forward ...

The dollar index was at 108.52, versus 109.8 on Monday. The appreciation in the local currency comes after the rupee closed a ...