Rupee dropped to record low early on Monday, recovered due to RBI intervention
The rupee weakened to an all-time low of 87.95 a dollar in the early hours on Monday, but managed to pare most of its losses ...
No level for rupee in mind, market forces decides forex rate: RBI Governor Sanjay Malhotra
Reserve Bank Governor Sanjay Malhotra emphasised that market forces determine the rupee's value against the US dollar, and ...
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RBI Governor Malhotra: Market Forces Shape Rupee Value
Reserve Bank Governor Sanjay Malhotra emphasized market dynamics dictate the rupee's value against the US dollar. The RBI ...
The major news headlines of the day and more.
India flags ‘mistreatment’ of nationals deported from U.S.; Kejriwal served legal notice over bribery allegations, and more ...
RBI rate cut: Impact on bond market and what it means for bond holders
Lower interest rates generally push bond prices higher as investors lock in better yields from existing bonds. However, ...
Metal stocks rally with Tata Steel, JSPL up over 3% as rate cut spurs demand hopes
A cut in the repo rate is considered a positive for the growth of infrastructure and real estate. Metal stocks shine on such prospect, being a necessary raw material in such developments.
RBI Cuts Interest Rate For The First Time In 5 Years, New Governor Sanjay Malhotra Brings Down Repo Rate To 6.25%
On Friday, February 7, the Reserve Bank of India decided to use its scissors, now rusty, to cut the repo rate or the ...