Mumbai: The Reserve Bank of India (RBI) significantly stepped up its foreign exchange intervention last week, selling an estimated $8 billion to $15 billion to support the rupee, according to bankers familiar…
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Mumbai: Jewellery-backed loans have emerged as the fastest-growing segment of retail credit for non-banking financial companies (NBFCs), with outstanding gold loans witnessing a sharp rise amid record-high gold prices and increasing consumer…
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Mumbai: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 63.60 lakh on public sector lender Bank of Baroda (BoB) for failing to comply with regulatory directions related…
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Mumbai: The Reserve Bank of India (RBI) has cautioned that elevated valuations in AI-related stocks could pose a significant risk to global financial stability, with any sharp correction in international equity markets…
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India’s retail inflation is expected to rise sharply over the next two months after a steep increase in petrol and diesel prices triggered concerns among economists and policymakers over mounting price pressures…
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Mumbai: In a closely watched policy move, the RBI on Thursday cut the repo rate by 25 bps to 5.25%, even as it maintained its monetary policy stance as “neutral.” The decision…
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In a year marked by aggressive policy moves aimed at reviving household demand, India’s consumption theme has unexpectedly weakened, with the consumer-focused stock basket slipping to its 52-week low. This sharp divergence…
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New Delhi: The INR’s sharp slide to an intraday low of 90.14 against the USD has triggered fresh debate over the currency’s fundamentals, with analysts warning that the fall is far deeper…
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Mumbai: Despite a record-breaking stock market and rising financial literacy, Indian households continue to favour traditional, low-risk avenues for parking their savings, according to the latest Reserve Bank of India (RBI) data…
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Patna: In a major setback to the Rashtriya Janata Dal (RJD) leadership ahead of the upcoming Bihar elections, a Delhi court has framed charges against former Bihar Chief Minister and RJD supremo…
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