While putting out the regulatory measures in the public domain, the Singaporean central bank said though trading in cryptocurrencies is "highly risky" and not suitable for the general public such digital assets play a supporting role in the broader digital asset ecosystem which is why it bel
The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity contracting for a fourth straight month, an indication that the US Federal Reserve's aggressive monetary tightening was having a significant impact.
New Delhi [India], October 24 (ANI): Foreign portfolio investors have withdrawn funds worth Rs 5,992 crore from Indian stock markets so far in October and become net sellers for the second straight month amid the strong US dollar index, weak rupee, and tightening of monetary policy.
New Delhi (India), October 23 (ANI): "A bright spot in a dark horizon", "A logistical marvel", "A leader in digitalisation" ... are some words of praise coming out of Washington DC for the Indian economic model.
New Delhi [India], October 20 (ANI): The Competition Commission of India (CCI) on Wednesday imposed monetary as well as behavioral sanctions on MMT-Go (MakeMyTrip and GoIbibo) for abusing its dominant position and also for having an anti-competitive arrangement with OYO (Oravel Stays Limited
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 2 lakh on Gujarat-based The Co-operative Bank of Rajkot for non-compliance with regulations related to awareness schemes.
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed monetary penalty on Gujarat-based The Meghraj Nagarik Sahakari Bank for non-compliance with certain directions of the central bank.