The RBI directive, aimed at curbing speculative activity, comes as the rupee touched a record low of 84.5075 against the US dollar, according to four bankers directly aware of the matter ...

Interest rate guidance is more effective when policy rates are low as compared to when they are on their way down, according ...

Winding down of post-Covid spending, high interest rates curbing investment and reduced corporate profits are dampeners ...

The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday ...

The Indian rupee weakened to its lowest level on record on Friday before ending higher as the central bank's intervention supported the currency in the face of the U.S. dollar jumping to a two-year ...

While the RBI has previously stopped banks from adding long positions on the dollar-rupee, they have not asked them to cut positions in recent years ...

The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.

In the event that the RBI decides to lower interest rates in December, this could be an opportune time for investors to lock in higher returns on fixed deposits ...

New Delhi: It is not enough to bring inflation within the tolerance band of below 6 per cent, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday adding that the central bank remains ...

Goldman Sachs predicts the Reserve Bank of India will implement a modest rate cut of 50 basis points by June 2025, commencing ...

It attributed the slowdown to continued fiscal consolidation and tighter credit growth due to macro-prudential measures taken ...

The Reserve Bank of India (RBI) purchased a significant $9.6 billion in September to curb the rupee's appreciation amid ...