Anjali Kumari
Anjali Kumari
Uncertainty around the US Federal Reserve's future rate trajectory further weighed on the local currency
The RBI had net sold $6.49 billion in the spot market in August. In the current financial and calendar year, the central bank has been a net seller of dollars in three months - April, June, and August
In October 2024, the rupee appreciated by 1.8 per cent month-on-month (M-o-M) in terms of the 40-currency REER
Premature to say slowdown in urban consumption going to persistent
The previous low of Rs 84.41 per dollar was hit last Thursday. The local currency had settled at Rs 84.40 per dollar on Monday
The Finance Minister also said that inflation is very volatile because of supply and demand constraints
RBI is expected to be active in the currency market, which will cap the losses
No immediate relief expected amid shrinking US-India bond yield spread, subdued earnings
The dollar index rose to 106.66 per cent on Thursday post the US CPI data. Dollar index measures the strength of the greenback against a basket of six major currencies
Private sector banks are leading technology adoption, said Michael Debabrata Patra, deputy governor, Reserve Bank of India
Inflation hit a 14-mth high of 6.2% in Oct, breaching MPC's upper tolerance band
The Dollar Index rose to 105.83, while the US 10-year Treasury yield climbed to 4.36 per cent
SBI has previously raised Rs 20,000 crore in infrastructure bonds in the current financial year FY25
Avoids sharp depreciation on RBI's intervention
IRFC looking to raise Rs 3,000 crore through bonds today
Caution ahead of the US Fed meet outcome weighs on currency
Payment and security experts explain widespread scams, bat for better cooperation and education
The MFI sector has been facing significant challenges over the past five to six months, leading to a notable decline in asset quality
RBI intervenes to cut volatility
Slowdown in unsecured loan growth due to rising risk rates: SBI chief