Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
The Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise. The initiative to link BRICS digital currency to potentially bypass the US dollar can irk Donald Trump, […]
India’s annual retail inflation quickened to 1.33% in December from 0.71% in November, as the decline in food prices moderated, government data showed on Monday. A worker unloads sacks of onions from a truck, at a wholesale vegetable market in Jalandhar (PTI) Food prices fell 2.71% year-on-year in December against a decline of 3.91% year-on-year […]
The Reserve Bank of India (RBI) has once again resorted to heavy intervention to strengthen the rupee past the 90/dollar mark after a dip at the open, six traders said on Wednesday. An intervention by the Reserve Bank of India (RBI) strengthened rupee past the 90/dollar mark on Wednesday, 7 January 2026. (Reuters) The rupee […]
The government is likely to retain the Reserve Bank of India’s inflation target, as the existing mechanism is seen as effective in managing inflation in the world’s fourth largest economy. RBI has raised concerns over rising digital fraud cases and unresolved customer complaints across banks. (REUTERS) The government is unlikely to change the RBI inflation […]
Bond carry trades, which seek to profit from the gap between low funding costs and high bond yields, are growing ever more popular in India and market watchers expect the strategy to remain in vogue next year. RBI is projecting only a gradual rise in inflation toward its 4% target, fueling expectations that interest rates […]
The Indian Rupee continued to strengthen against the US Dollar on Monday, supported by foreign buying in the world’s fifth largest stock market. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters) What’s the rupee rate today? The rupee […]
The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in the forex market. The rupee is heading towards its sharpest yearly fall since 2022. (AFP) At the interbank foreign exchange market, the rupee opened at 90.19 against the US dollar, […]
The Indian rupee strengthened the most in seven months on Wednesday after the Reserve Bank of India aggressively sold dollars to support the currency. Stocks also gained. The RBI likely intervened at the 91/dollar level, buying $5 billion of dollars via a foreign-exchange swap on Tuesday. (Reuters) The rupee rose as much as 1%, the […]
HDFC Bank has got the Reserve Bank’s nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. The RBI approval has been granted with reference to the application made by HDFC Bank (Representative image/REUTERS) “We would like to inform you that the Reserve Bank of India (RBI) vide […]
IndusInd Bank Ltd. on Tuesday said that the Reserve Bank of India has approved HDFC Bank to acquire up to a 9.50% stake in the smaller private lender. IndusInd reported its largest-ever quarterly loss in the three months ended March 31. (Mint) The Reserve Bank of India has mandated that HDFC Bank acquire a major […]
