RBI employing all tools at disposal to smoothen excessive and disruptive volatility in rupee: says Guv Sanjay Malhotra
The new RBI governor Sanjay Malhotra, in his first monetary policy stated that the Indian economy, though continuing to remain strong and resilient, also did not remain immune to the global headwinds, ...
Indian rupee firms up, then drops against dirham as RBI cuts interest rate
Dubai: The India rupee has firmed up against the dirham after the country's central bank cut interest rates for the first ...
ThePrint18m
India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less restrictive policy ...
Sensex falls over 150 pts, Nifty below 23,600 despite RBI’s first rate cut in nearly five years
Sensex and Nifty fell despite RBI reducing interest rates to 6.25% after five years. Rate-sensitive stocks declined, while ...
ThePrint4m
Rate-sensitive stocks lift Indian benchmarks after long-awaited rate cut
By Bharath Rajeswaran (Reuters) -Indian shares rose on Friday, led by interest rate-sensitive sectors, after the central bank ...