Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The rupee had declined to its all-time low of 87.5825 on Thursday after breaching the 87 handle on Monday, following the ...
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The economy needs more than a rate cut
The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...
Stock market: FII ownership in Indian shares drop to 16%; what's on their sell radar?
For oil & gas sector, January's $182 million selling marked the fifth consecutive month of selling. For automobile sector, it ...
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish economy and sees inflation easing towards its 4% target.