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 ...

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 ...

Finance Minister Nirmala Sitharaman, set to make history with her eighth consecutive Union Budget, has worked tirelessly with ...

Indian equity markets rise ahead of interim Budget, with defence and PSU stocks leading; Tata Motors sees steep fall.

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.

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 ...

The Pakistani rupee (PKR) closed in red after a brief respite against the US Dollar (USD) today after opening trade at 280 in the interbank market. On a ...

India's PM Surya Ghar Muft Bijli Yojana aims to install rooftop solar panels in 1 crore households by March 2027. The scheme ...