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RBI has taken two decisions to manage the continuously weakening Indian rupee against the dollar and to control the fluctuations in the money market. RBI has launched a ‘Special Dollar Window’ to meet the daily dollar requirements of state-owned oil companies. Apart from this, Reserve Bank of India has also tightened the rules related to…
The Indian currency witnessed a rise on Friday after the results of the Monetary Policy Committee meeting of the Reserve Bank of India (RBI). The rupee closed at 94.93 with a gain of 81 paise against the US dollar. Market sentiment has improved due to the steps taken by the central bank to increase the…
Stock Market Today Live Updates: Benchmark indices surged sharply on April 8, with the Nifty 50 jumping 3.64% to 23,965 and the Sensex rallying 3.79% to 77,448 around 12:18 pm, reflecting strong market-wide buying. Both indices opened gap-up and sustained gains through the session, with Nifty hitting an intraday high of 24,014 and Sensex touching…
Gold and silver prices moved higher on Wednesday morning, tracking gains in global markets after a ceasefire between the United States and Iran eased immediate geopolitical tensions. The rise in precious metals comes alongside a broader rally in equities and a sharp fall in crude oil prices, as investors adjust to changing risk conditions. MCX…
New Delhi: The Indian stock market is preparing for an important week ahead as it enters the final month of 2025, with investors closely watching the Reserve Bank of India’s monetary policy meeting, monthly auto sales data, and key US economic indicators. Strong domestic macroeconomic fundamentals and steady global cues are expected to support the market,…
Last Updated:September 29, 2025, 11:06 is The three-day meeting of the RBI’s monetary policy committee (MPC) has started on Monday, and the repo rate decision will be announced on Wednesday. RBI MPC Meeting Date: Economists are divided on the RBI MPC’s upcoming decision, as they say the central bank is expected to keep the repo…
Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced the standardisation of procedures for settling claims related to bank accounts and safe deposit lockers of deceased customers. Announcing the RBI August Bi-monthly policy, Governor Malhotra said, “We Will be standardising the procedure for settlement of claims in respect of bank accounts and…
Last Updated:June 06, 2025, 10:45 is RBI Governor Sanjay Malhotra says the MPC felt frontloading of rate cut will boost growth; the RBI MPC changes its policy stance from ‘accommodative’ to ‘neutral’. The RBI also reduced the SDF to 5.25 per cent, and MSF and Bank Rates to 5.75 per cent. RBI Monetary Policy Committee…
New Delhi: S&P Global Ratings on Tuesday projected 6.8 per cent growth for the Indian economy in FY25, followed by 6.9 per cent growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure. The growth projection by S&P Global Ratings is higher than the latest Reserve…
UPI Transaction Limit: The National Payments Corporation of India (NPCI) has increased the transaction limit for tax payments using UPI to help millions of taxpayers in the country. Now, individuals will be able to use the Unified Payments Interface (UPI) to pay taxes up to Rs 5 lakh per transaction from tomorrow Sept 16. Alignment…