The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
EPFO is revamping its work processes and IT network to hasten the services following long-standing grievances of cumbersome ...
With outstanding debts exceeding the prudential threshold, the RBI urges states to adopt “next-generation” fiscal rules to ...
MUMBAI: In a bid to support a falling rupee, which lost as much as 125 paise between October 10 and December 24 when it ...
A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to ...
The year 2024 has marked a pivotal moment in India’s financial sector, with the Reserve Bank of India (RBI) taking ...
Despite these challenges, the RBI is expected to initiate a rate-cutting cycle in 2025, potentially reducing rates by 50-75 ...
RBI officials warn of weakening sales growth and lacklustre private investment due to inflation and slowing GDP.
The total number of prepaid payment instrument (PPI) wallets saw a 20.4 per cent year-to-date (YTD) decline, dropping from 1.44 billion in January to 1.14 billion in November, according to data from ...
In October, the RBI intervened heavily in forward and spot currency markets with $44.5 billion to support the rupee. Despite significant foreign portfolio outflows and a rise in the US dollar, the ...
RBI said in its bulletin on Tuesday that the Indian economy is recovering from the slowdown in momentum witnessed in the ...
The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.