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India’s foreign exchange reserves hit 10 month low at $625 billion

NEW DELHI: India’s foreign exchange reserves have dropped for the sixth straight week, reaching a ten-month low of $625.87 billion as...
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Economy

RBI predicts stronger economic growth in H2 FY25, driven by demand rebound and rural resilience

Kolkata: The second half of the current fiscal year would result in faster economic growth than a relatively circumspect first half, boosted by...
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Economy

Ensure nominations in all accounts, lockers: RBI to banks

The Reserve Bank on Friday asked banks to ensure nominations in new and all existing customers' deposit accounts and safety lockers, highlighting that...
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Economy

Reserve Bank of India rolls out steps to boost Rupee power overseas

The Reserve Bank of India (RBI) Thursday allowed banks to open rupee accounts at their overseas branches for people residing outside the country...
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Stocks

Rupee sees best single-day gain since June to close at 86.36 vs US dollar

The Indian Rupee strengthened 30 paise to close at 86.36/$1 on Wednesday, its best single-day gain since June 3, aided by a softer...
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Economy

RBI Governor Sanjay Malhotra signals he’s open to more flexible rupee

India’s new central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the...
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Economy

Dollar sales by private banks help Rupee recover from lifetime low

The rupee weakened to its lifetime intraday low on Thursday to 85.93 per dollar before closing at 85.848/$1, little changed from the previous...
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Economy

India regulatory changes: Sea change in regulatory top deck this year

Mumbai: India's regulatory landscape could be set for further changes in key personnel, with the crucial role of central bank governor having just...
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