However, the RBI’s approach is distinguished by its inflation-targeting mechanism, introduced in 2016, which aims to keep inflation within a defined range between 4% and 2%. In contrast, economies ...

Ali Reza Iftekhar, managing director and CEO of Eastern Bank, told TBS, "There is a trade imbalance of $12-12.5 billion between our imports and exports with India. After the initiation of trade in ...

India is looking at promoting trade in local currencies with various other countries including UAE, African nations and ...

Apart from equities, FPIs infused Rs 7,361 crore into debt through the Voluntary Retention Route (VRR) and Rs 19,601 crore ...

India and Myanmar discussed how to promote bilateral trade using their local currencies, rupee and kyat. This was part of the ...

The trigger for this aggressive buying by FPIs was the 50 basis points rate cut by the Fed on 18th, which is regarded as a ...

The ongoing bullish momentum is like to take Nifty towards 25,900-26,000 levels. On the upside, 26,000 will act as an immediate hurdle for Nifty.

Frequent interventions by the nation’s central bank have transformed the rupee from Asia’s most volatile currency to one of ...