The Indian rupee weakened for the second straight session on Wednesday, closing 29 paise lower at 85.90 (provisional) against the US dollar. The decline was driven by risk-averse investor sentiment,…
Indian markets wrapped up the trading week on a high note, with benchmark indices BSE Sensex and Nifty50 registering gains of over 6 per cent in the last four sessions.This…
Poonam Gupta becomes first woman deputy governor of RBI in over a decade. (Pic credit - NITI Aayog)Poonam Gupta appointed as RBI deputy governor after Michael Patra's retirement. (Pic credit…
Finance Secretary Tuhin Kanta Pandey NEW DELHI: Finance secretary Tuhin Kanta Pandey on Tuesday said govt has taken measures to lower fiscal deficit and delivered a non-inflationary Budget, and hoped…
NEW DELHI: The Reserve Bank has rejigged portfolios of its deputy governors, as the extended term of Deputy Governor Michael Debabrata Patra ended on Tuesday. The key monetary policy department…
NEW DELHI: Inflation remains the major risk going forward for the financial year 2026 due to the higher cost of raw materials, a DAM Capital report added. The report added…
NEW DELHI: India reported a massive decline in Foreign Portfolio Investment (FPI) inflows during 2024, registering a 99 per cent decline compared to the preceding year, according to the National…
Deposit rates have reached their periodic maximum, and special deposit schemes are unlikely to be modified when this fiscal year concludes. (AI image) Bank fixed deposits: Banks are expected to…
The slump in growth has also sharpened the debate over whether the central bank is doing enough to support the world’s fastest-growing major economy. One of India’s worst GDP growth…
India is expected to remain relatively unaffected from the global financial disruptions that might occur due to a trade war between the US and China in 2025, as per a…