In a move loaded with both literal and metaphorical weight, the Reserve Bank of India (RBI) recently repatriated 102 tonnes of gold from international vaults to secure its reserves on home soil.
The Indian rupee will trade in a tight range around current levels against the dollar over the coming year as the Reserve ...
Amit Golia, Group CEO at MarketsMojo, predicts muted returns for the Indian stock market in Samvat 2081 due to economic ...
RBI Governor Shaktikanta Das said the monetary ... from outside to refine into petroleum products. Shares of leading power company, Torrent Power, jumped 9% on Wednesday, and touched a new record ...
India's central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster slowing economic growth, according to a slim majority of economists in a Reuters poll who also ...
However, with the US Federal Reserve now pivoting and other central banks following with rate cuts, pressure is building on the RBI to do the same, especially after good rainfall and predictions ...
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...