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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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Economy

Budget 2025: What can government do to tame inflation horse?

Finance Minister Nirmala Sitharaman’s 2025 Budget has to undertake a host of measures to address the economic landscape, with a focus on India’s...
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Business

Bank Holidays 2025: Are banks open on Saturday, January 4, 2025?

Bank Holidays: RBI issues a comprehensive state and region-specific holiday calendar annually. Bank holidays January 2025: Banks across India observe closures during...
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Business

Rupee to marginally depreciate against USD in CY25, outperform many of its peers: Report

Rupee is likely to experience slight depreciation in 2025, driven by volatile foreign portfolio investor (FPI) flows and a potentially stronger...
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Business

Rs 2000 notes withdrawal: 98% of notes deposited, Rs 6,691 crore worth notes still with public, says RBI

NEW DELHI: The Reserve Bank of India (RBI) announced on Wednesday that 98.12 percent of the Rs 2,000 banknotes withdrawn from...
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