The Reserve Bank of India (RBI) on Friday announced several measures to attract foreign capital and strengthen the country’s foreign exchange reserves. The announcement came after the Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 5.25%. RBI Governor Sanjay Malhotra said the central bank remains focused on maintaining financial stability while…
India’s corporate and economic indicators showed mixed signals in the latest updates.The Reserve Bank of India reported a sharp expansion in its balance sheet.At the same time, BEML posted a significant drop in net profit.Weather forecasts added pressure with a weaker monsoon outlook from IMD. RBI balance sheet expands sharply in FY26 The Reserve Bank…
The Reserve Bank of India is reportedly assessing possible monetary measures after the rupee weakened further against the US dollar in recent trading sessions. Market analysts said rising global uncertainty, higher crude oil prices, and strong dollar demand have added pressure on the Indian currency. Reports indicated policymakers are monitoring inflation risks and currency volatility…
The Indian rupee has recently touched record lows near 96 against the US dollar amid rising crude oil prices, foreign investor outflows and geopolitical tensions in West Asia. Economists are now debating what could happen if the currency weakens further and reaches the psychologically important 100-per-dollar level. Experts say such a move would not automatically…
The Indian rupee weakened by 20 paise to hit a record low of 95.86 against the U.S. dollar during early trade on Thursday. Rising crude oil prices and strong demand for the American currency pressured the local unit. Traders said foreign fund outflows and weak domestic equities also affected market sentiment. A stronger dollar in…
The Indian rupee record low against the US Dollar on Tuesday. The currency touched 95.40 in early trade, marking a sharp decline in value. The move reflects a deepening Rupee record low against US Dollar trend in recent weeks.Traders pointed to global uncertainty and sustained dollar strength. The US Dollar remained firm due to expectations…
