RBI rolls out more steps to internationalise the rupee
Mumbai, Oct 1 (IANS) The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions.
Mumbai, Oct 1 (IANS) The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions.
New Delhi, Oct 1 (IANS) Toyota Kirloskar Motor (TKM) on Wednesday reported strong sales in September, with 31,091 units sold -- marking a 16 per cent rise compared to 26,847 units in the same month last year.
Mumbai, Oct 1 (IANS) Mahindra and Mahindra Limited (M&M Limited), one of India’s top automobile manufacturers, on Wednesday recorded overall auto sales of 1,00,298 vehicles in September -- a 16 per cent growth compared to the same month last year.
Mumbai, Oct 1 (IANS) The price of gold is hovering around a record high on Wednesday, amidst growing concerns of a US government shutdown, while weak labour data strengthened expectations of further interest rate cuts by the Federal Reserve.
Mumbai, Oct 1 (IANS) The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
Mumbai, Oct 1 (IANS) The RBI’s monetary policy committee (MPC) on Wednesday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2.6 per cent from 3.1 per cent in August primarily on account of the GST rate cuts and benign food prices.
Mumbai, Oct 1 (IANS) The RBI has raised its projection of India’s GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier, as the implementation of several growth-inducing structural reforms, including streamlining of GST, is expected to offset some of the adverse effects of the external headwinds, Reserve Bank Governor Sanjay Malhotra said on Wednesday.
New Delhi, Oct 1 (IANS) The Navi Mumbai International Airport, set to open next week, is a monument shaped by thousands of hands and hearts, said Gautam Adani, Chairman of the Adani Group, on Wednesday.
New Delhi, Oct 1 (IANS) The Indian Renewable Energy Development Agency (IREDA) on Wednesday said that its loan sanctions surged by 86 per cent to Rs 33,148 crore in the first half this fiscal (FY26), compared to Rs 17,860 crore in the same period last financial year.
Mumbai, Oct 1 (IANS) RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.5 per cent, and stick to the “neutral” policy stance.