BankingRBI asks banks to ensure complete transition away from LIBORMay 12, 202339LIBOR stands for London Interbank Offered Rate. An interest rate average submitted by leading UK banks. The Reserve Bank of...
CurrenciesInternational trade in rupee currency soon, says Piyush GoyalApril 22, 202339Commerce and Industry Minister Piyush Goyal on Saturday expressed hope that traders will soon be able to settle foreign trade...
CurrenciesRupee in a sweet spot as dollar loses lustreApril 19, 202333In May 2022, when the RBI began the current rate hike cycle with a sudden 40 basis points hike in...
BankingYour Money: No fear, our banking structure is robustApril 2, 202345We often perceive safety or quality by the colour of the skin. It is common knowledge where the global financial...
CurrenciesRussia suggests trade payment in ₹ via UAEMarch 29, 2023100New Delhi: Sanctions-hit Russia is looking to settle its oil sales to India in rupees by involving the UAE, two...
FinanceRbi: Impact of US, European bank crisis in India limited, ‘our financial system safe’: Ex-RBI governor SubbaraoMarch 18, 202340HYDERABAD: The probability of a knock-on impact of the ongoing banking crisis in the United States and Europe in India...
Stock MarketMARKET LIVE: Sensex up 450 pts; RIL gains 2%, Adani Ent 15%; L&T slipsFebruary 8, 202356STOCK MARKET LIVE: Equity benchmark were seen holding strong gains even as the Reserve Bank of India announced a 25...
CurrenciesWhy did foreign exchange reserves fall $70 bn in 2022?January 8, 202341After three consecutive years of rise, India’s foreign exchange reserves declined by around $ 70 billion in 2022 amid rising...
BankingIndia News Live Updates: MHA seeks report from Police in Delhi woman’s death by car caseJanuary 2, 202330Budget News Live Updates: Ministry of Home Affairs under the direction of Union Home Minister Amit Shah has sought a...
Stock MarketMarkets may stay highly stock-specific in near termDecember 11, 202237On the back of interest rate hike by RBI, renewed FII selling, the BJP's victory in Gujarat and Congress win...