The reserves have been falling, most likely as a result of RBI intervention aimed at forcefully preventing the rupee from depreciating sharply
05 January,2025 04:48 PM IST | New Delhi | mid-day online correspondentThe Reserve Bank has released the December 2024 issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability
30 December,2024 04:18 PM IST | Mumbai | mid-day online correspondentA former staff member of Strand, which shut down a few years ago, recalled warm memories of Singh, who was the RBI governor between 1982 and 1985
28 December,2024 10:57 AM IST | Mumbai | PTISchools, colleges, businesses, and government offices will remain closed on December 25th
27 December,2024 10:52 AM IST | Mumbai | mid-day online correspondentThe Indian rupee dropped by 3 paise to 84.83 against the US dollar on Monday, reflecting the weak performance of domestic equities and rising crude oil prices. Forex traders highlight persistent dollar demand as a key factor in the rupee's decline.
16 December,2024 10:05 AM IST | MumbaiThe MRA Marg Police Station has registered a case against an unidentified individual in connection with the incident; taking the matter seriously, the police have initiated an investigation
13 December,2024 10:22 AM IST | Mumbai | Faizan KhanThe Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.
13 December,2024 09:45 AM IST | MumbaiThe State Bank of India's report highlights that middle and high-income states have experienced a steeper decline in food inflation compared to low-income states, attributed to labour migration and faster disinflation in wealthier regions.
13 December,2024 09:25 AM IST | New DelhiReflecting on the struggles he went thorough when he assumed office in 2018, Das recalled addressing issues related to banking sector and liquidity management
10 December,2024 02:33 PM IST | Mumbai | mid-day online correspondentOutgoing RBI Governor Shaktikanta Das shares an emotional farewell, expressing gratitude to the government, stakeholders, and colleagues for their support throughout his tenure.
10 December,2024 11:08 AM IST | New DelhiADVERTISEMENT