LiveIndian Rupee Rises to 74.73, Gains 18 Paise Against Dollar
The dollar index – which measures the greenback against six currencies – fell as much as 0.21 per cent on Tuesday. At the interbank forex...
Category : ECONOMY
India’s Debt to GDP Ratio May Rise to 87.6%: SBI Ecowrap
India’s debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing...
Rupee Jumps to 74.50 Against US Dollar
Reversing early gains, the rupee fell against the US dollar today amid volatile trade. Opening at 74.50, the rupee fell to 74.82 at day’s low...
Rupee Closes at Three Month High Against US Dollar
The Indian rupee on Thursday hit a three-month high against the US dollar amid robust gains in domestic equity market. The Indian unit closed at 75.01 a dollar,...
RBI Announces Fresh OMO Purchase of Govt Securities
The Reserve Bank of India has announced special open market operations of government securities worth Rs 10,000 crore. ‘On a review of current and evolving liquidity and...
IMF Advocates Contingency Reserves for Indian States
At a time state governments are facing increasing fiscal pressures due to mounting pandemic related expenditure demands amid falling revenue collections, the International Monetary Fund (IMF) has...
RBI Disallows Yes Bank From Paying Interest on Tier II Bonds
Yes Bank Ltd has said that the Reserve Bank of India (RBI) turned down its request to pay interest on its tier II bonds due on 29...
FPIs Invest Rs 17,985 Crore in June
Foreign portfolio investors (FPI) have infused a net Rs 17,985 crore into the Indian capital markets in June so far amid increasing liquidity and higher risk...
RBI Proposes New Rules for Housing Finance Companies
The Reserve Bank of India (RBI) on Wednesday proposed to tighten the rules governing home financiers, including putting restrictions on lending to builders and doubling the minimum...
Fitch Cuts India Outlook to Negative, Retains BBB- Rating
Fitch Ratings on Thursday revised downward its rating outlook for India to negative from stable while retaining its sovereign rating at the lowest investment grade of...