Mumbai, Mar 6 (PTI) The rupee stayed range-bound throughout the session on Friday and ended 6 paise lower at 91.70 (provisional) against the US dollar, resisting pressure from inflated crude oil prices and suspected RBI intervention. According to forex experts, heavy selling
Chennai, Aug 24 (PTI) Amazon India on Saturday announced an up to 12 per cent reduction in selling fees across multiple product categories on the marketplace ahead of the festive season. The reductions in fees, which is effective from September 9, will
MUMBAI, Aug 23 (Reuters) – Headline inflation impacts Indians directly and should be retained as the target for monetary policy rather than switching to core inflation, external members of the RBI’s rate panel told Reuters. A suggestion was made in the government’s
Aug 23, 2024 (Bloomberg): Billionaire Gautam Adani’s power generating unit has raked up unpaid dues of as much as $800 million from Bangladesh, where weeks of violent protests left hundreds dead and forced out the previous administration this month. The South Asian
MUMBAI, Aug 20 (Reuters) – Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the RBI (Reserve Bank of India) said on Tuesday. “Young Indians are aspirational. They
