Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence. This is impacting loan growth and margins for the banking sector.
The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and illiquid bonds to manage market sentiments. The operation involved purchasing ...
Rohtak Deputy Commissioner Dhirendra Khadgata said the local health authorities were directed to conduct a raid on Arogya Diagnostic and Dental Centre located at Dwarka in New Delhi as the Health ...
The rupee depreciated 7 paise to close at 86.62 against the US dollar on Thursday, weighed down by a strong US dollar amid a hawkish tone of the US Federal Reserve. Forex traders said the rupee ...
DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a boon to the Indian IT sector.
India's limited local currency trade reduces risk of US tariffs amid BRICS de-dollarisation push, promoting rupee ...
A falling rupee may be perceived as a sign of a weak economy, and it’s no solace that all major currencies in the world have ...
Stocks at Pakistan's bourse closed lower on Wednesday, driven by selling pressure due to rollover of futures' contracts and concerns over a cautious policy rate cut by the State Bank of Pakistan (SBP) ...
The product was developed in collaboration with the Reserve Bank of India (RBI) and Yes Bank, which will act as the sponsor bank for CBDC issuance.
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
Yesterday, the price of gold per ounce increased by $22 in the international bullion market and the price per tola surged in the local markets by Rs 2,300.
The Indian rupee depreciated 7 paise to close at 86.63 (provisional) against the US dollar on Thursday, weighed down by a strong US dollar amid a hawkish tone of the US Federal Reserve. Rupee ...