Reserve Bank of India

Rupee plunges below 83.50 as West Asia, US rate worries continue

As of April 5, RBI's headline foreign exchange reserves stood at USD 648.56 billion, a record high. ...

auto | 6 months ago

Rupee off record low on likely c.bank intervention, Iranian official's comment

The rupee was at 83.5175 to the U.S. dollar at 11:15 a.m. IST, marginally up from 83.5375 on Thursda...

auto | 6 months ago

Indian economy remains in bright spot: Ministry of Finance

It further added that the manufacturing sector is also expected to maintain its momentum on the back...

auto | 5 months ago

Rupee strengthens to highest in a fortnight, logs weekly rise

The dollar index rose 0.2% to 104.75, while Asian currencies slipped, with the Korean won down 0.5% ...

auto | 5 months ago

SUVs roar on country roads as sales from rural India sees a spike

Carmakers attribute the spurt in SUV demand in rural areas to increasing incomes, aspirations as wel...

auto | 4 months ago

India seen to emerge as an economic superpower in impending problem-ridden global financial landscape

India is seen by international agencies and top rating firms as an emerging economic superpower of t...

auto | 4 months ago

India seen to emerge as an economic superpower in impending problem-ridden global financial landscape

India is seen by international agencies and top rating firms as an emerging economic superpower of t...

auto | 4 months ago

Road Ministry against hike in project lending rates, bats for status quo

The central bank earlier this month proposed tighter norms, requiring lenders to allocate 5% of the ...

auto | 4 months ago

Highway builders want infra loans provision pared to 2%

"The phasing may not help the infrastructure industry as the lenders may factor in the highest provi...

auto | 4 months ago

Highway builders want infra loans provision pared to 2%

"The phasing may not help the infrastructure industry as the lenders may factor in the highest provi...

auto | 4 months ago

Rupee falls most in over a year as vote count shows narrower win for Modi-led alliance

"The government is still likely to be stable, but markets will likely take a while to gain confidenc...

auto | 4 months ago

Rupee little changed, forward premiums slip ahead of cenbank policy

The rupee was at 83.4750 against the U.S. dollar as of 09:20 a.m. IST, barely changed from its close...

auto | 4 months ago

Rupee ends flat; state-run banks' dollar sales aid, forward premiums slip

Routine interventions from the RBI have helped the rupee avert a fall to its all-time low of 83.5750...

auto | 4 months ago

Rupee little changed; cenbank intervention expectations blunt drop in Asia FX

The rupee was at 83.53 against the U.S. dollar as of 10:00 a.m. IST, little changed compared to its ...

auto | 4 months ago

Rupee squeezed by weak Asia, to be likely boosted by positional flows

Asian currencies were down on the day and the dollar inched higher against a basket of its major pee...

auto | 4 months ago

Rupee to focus on index inclusion, currency futures expiry

Meanwhile, the rupee is expected to be supported all through this week amid expectations of dollar i...

auto | 3 months ago