monetary policy

Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 against the US dollar on Tuesday, due to rising crude oil prices and continued outflow of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the domestic currency...

Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 (provisional) against the US dollar on Tuesday, driven by rising crude oil prices and continued outflows of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the...

Mumbai, March 16 The rupee strengthened by 2 paise to settle at 92.28 against the US dollar on Monday, supported by a firm trend in domestic equity markets and a weak greenback against major currencies overseas.However, surging crude oil prices and foreign funds outflows triggered by...

New Delhi, March 16 Gold prices started the week on a negative note, declining by ₹2,225 to ₹1.56 lakh per 10 grams in the futures trade on Monday amid a bearish sentiment in overseas markets and a strong US dollar.On the Multi Commodity Exchange, gold futures for April delivery depreciated by...

Mumbai, March 16 The rupee weakened by 10 paise to settle at a fresh record low of 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and persistent withdrawal of foreign funds triggered by geopolitical uncertainties.The local currency, however, resisted a sharp...

New Delhi, March 16 Gold prices began the week on a negative note, declining by ₹2,225 to ₹1.56 lakh per 10 grams in the futures trade on Monday, amid bearish sentiment in overseas markets and a strong US dollar.On the Multi Commodity Exchange, gold futures for April delivery depreciated by...

New Delhi, March 15 Gold and silver prices are expected to see further corrective movements in the coming week as investors closely monitor geopolitical developments in West Asia and key central bank meetings that could affect the global monetary policy, analysts said.Traders will remain...

New Delhi, March 13 Precious metal prices declined by up to 4 per cent in the national capital on Friday, with silver falling to ₹2.65 lakh per kilogram and gold sliding to ₹1.63 lakh per 10 grams amid a strong US dollar and uncertainty over global monetary policy.According to the All India...

New Delhi, March 13 Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal and the next to 7.5 per cent and 6.7 per cent, and projected the average global crude oil price to be USD 70/barrel in 2026.Fitch had, in December, projected India's GDP growth for the current...

New Delhi, March 13 The price of gold declined by ₹992 to ₹1.59 lakh per 10 grams in futures trading on Friday, driven by a bearish sentiment in international markets and a stronger US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery depreciated by ₹992, or 0.62 per...

Mumbai, March 11 The ongoing conflict in West Asia could pose a downside risk to India's economic outlook due to its impact on crude oil and commodity prices, according to a report by Crisil Intelligence.In its base case scenario, the report expects India's real GDP growth to moderate to 7.1...

Mumbai, March 9 The Reserve Bank of India (RBI) injected ₹50,000 crore into the banking system on Monday through Open Market Operations (OMO) purchases of government securities, according to a release.The central bank purchased 6.33% GS (Government Security) bonds worth ₹13,507 crore, 6.01% GS...

Mumbai, March 6 The Reserve Bank of India on Friday issued draft amendment guidelines to strengthen the framework governing customer liability in digital transactions, as it seeks to widen protection for users and speed up the resolution of complaints related to fraudulent electronic banking...

Mumbai, March 4 The conflict in the Middle East poses some immediate challenges for the Indian economy, but it is unlikely to significantly impact long-term economic growth, according to an external member of the RBI's rate-setting panel.Moving forward, there is a need for coordinated fiscal...

New Delhi, February 23 Reserve Bank of India Governor Sanjay Malhotra said on Monday that the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility.In both ways, it will help in better CPI estimation, he said at a media...

New Delhi, Feb 23 – Finance Minister Nirmala Sitharaman on Monday strongly criticized banks for mis-selling financial products, including insurance, to customers, urging them to focus on their core business instead."Banks should concentrate on their core business...My main concern has always...

New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...

Canberra, February 19 – Australia's unemployment rate remained steady at 4.1 per cent in January, according to official data released on Thursday.The latest monthly labor force data from the Australian Bureau of Statistics (ABS) showed that the number of Australians employed on a full-time...

Washington, February 19 – The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy.The IMF Executive Board, which concluded its...

Mumbai, February 17 In order to support liquidity in the banking system, the Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre's total bond issuances so far in FY26, according to public data.Data compiled by