Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...

As the Indian rupee reached a record low of 87.58 to the dollar on Thursday, it finds itself at a critical juncture, ...

The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years yesterday and signalled a less restrictive policy approach ahead, as it seeks ...

Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...

The Indian rupee (INR) declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day ...

As India’s currency drops to a new low, export prospects brighten, even if inflation risks rise. Is RBI allowing a freer slide? Is growth now a bigger concern than price stability? We’ll know soon.

A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...

The MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...

The central bank of India on Friday lowered its key interest rate for the first time in nearly five years, as it moves to ...

The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of ...

Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which ...

The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points ...