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Indian stocks decline after another policy rate hike in US
Updated : 3 years, 4 months ago IST
Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers, declining in the range of 1-2 per cent each, National Stock Exchange data showed.
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Inflation may fall below 6 per cent by Dec 2022: PHDCCI
Updated : 3 years, 4 months ago IST
The president of the industry body on Wednesday said calibrated efforts undertaken by the government and Reserve Bank of India (RBI) have significantly impacted the escalation in the wholesale prices.
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RBI keeping Arjuna's eye on inflation, says Governor Shaktikanta Das
Updated : 3 years, 4 months ago IST
While addressing FIBAC 2022 Conference, the Reserve Bank of India Governor on Wednesday said, "Our constant endeavour is to keep an eye on inflation, which is our primary target."
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Payment systems have emerged as the lifeline of our financial system: RBI
Updated : 3 years, 4 months ago IST
The Governor, speaking at FIBAC 2022 Conference, said the central bank's focus is on promoting interoperability, cross-border linkages and innovation.
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Rupee's movement post Ukraine war more about resilience than weakness, say
Updated : 3 years, 4 months ago IST
The rupee has depreciated by 8.0 per cent in the financial year 2022-23. Over the same period, the US dollar has appreciated by 13.0 per cent.
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Central Bank Digital Currency is going to be major transformation of the w
Updated : 3 years, 4 months ago IST
While addressing FIBAC on Wednesday, Governor Shaktikanta Das said, "Yesterday, we launched the trial of our digital currency, Central Bank Digital Currency (CBDC) project. It was indeed a landmark moment in the history of currency in our country. Going forward, it will be a landmark moment.
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Indian stocks largely steady ahead of US Fed policy outcome
Updated : 3 years, 4 months ago IST
The Reserve Bank of India's additional and out-of-turn monetary policy meeting on Thursday will also be closely followed by investors.
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Traffic congestion expected with Rahul Gandhi to hoist national flag at Ch
Updated : 3 years, 4 months ago IST
The padayatra passes through Hussainialam, Charminar, Madina, Afzalgunj, MJ Market, Gandhi Bhavan, Nampally, Public Garden, Assembly, Ravindra Bharathi, RBI, Iqbal Minar, Telugu Thalli, NTR Garden, Indira Gandhi Statue
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Govt launches pilot in digital rupee for wholesale segment
Updated : 3 years, 4 months ago IST
RBI will launch a pilot in digital rupee for the wholesale segment on Tuesday.
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RBI Governor urges ombudsman to be sensitive, judicious while redressing c
Updated : 3 years, 5 months ago IST
The Governor said the RBI Ombudsmen and the regulated entities (REs) must first identify the root causes of persisting customer complaints and take necessary systemic measures to correct them. Second, the resolution of customer complaints by the REs and the RBI ombudsmen have to be fair and
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India's forex reserves at new over 2-year low amid weak rupee
Updated : 3 years, 5 months ago IST
According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex reserves, declined by USD 3.59 billion to USD 465.075 billion.
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Dia Vikas Capital, a subsidiary of Opportunity International Australia mak
Updated : 3 years, 5 months ago IST
New Delhi [India], October 28 (ANI/NewsVoir): Dia Vikas Capital Pvt. Ltd., the India based subsidiary of Opportunity International Australia Limited has exited from the RBI registered NBFC-MFI SATYA MicroCapital Ltd. Dia was the initial institutional investor in SATYA.
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