Sensex, Nifty tank 1 % after RBI policy, Gold falls Rs 70 per 10 kms, Rupee settles at 82.96

The RBI Has Bought the Rupee Some Time

 New curbs on currency speculation and direct dollar supply to oil companies gave the rupee its best rally in six months. But record foreign outflows and oil above $100 mean the pressure ... Read more »

Food Prices Push India’s Inflation to a Two-Year High, and the RBI Has Little Room to Wait Strap:

Consumer prices rose 5.54% in September, faster than economists expected, as food inflation jumped. The numbers make a second rate increase in December more likely and put pressure on household budgets ahead... Read more »
RBI directives on credit cards bring relief to customers

RBI directives on credit cards bring relief to customers

Customers can heave a sigh of relief as the Reserve Bank of India RBI today issued directives aimed at ensuring greater choice and flexibility in the issuance of credit cards by card... Read more »
Chances of Recovery are brighter when NPAs are sold early, say ARCs

Chances of Recovery are brighter when NPAs are sold early, say ARCs

Mumbai : Asset Reconstruction Companies (ACRs) have called upon the banks to sell them bad loans in early stages so that the chances of recovery become brighter. With the bad loans becoming... Read more »
Balancing Resolve: RBI’s Steady Course Toward Price Stability and Growth

Balancing Resolve: RBI’s Steady Course Toward Price Stability and Growth

Dr. Hemangi Kelkar, Assistant Professor, School Of Economics, NMIMS-Navi Mumbai The RBI’s steps echo Mahatma Gandhi’s wisdom: “I am moving cautiously, watching myself atevery step.” But beneath this caution lies a fixed... Read more »
Unprecedented Opportunities: Investing in India's Infrastructure Boom

Unprecedented Opportunities: Investing in India’s Infrastructure Boom

As the Indian government’s commitment to infrastructure development reaches unprecedented levels, the stock market is abuzz with excitement, offering investors lucrative opportunities in infrastructure stocks. India is on track to become the... Read more »
Sensex, Nifty tank 1 % after RBI policy, Gold falls Rs 70 per 10 kms, Rupee settles at 82.96

Sensex, Nifty tank 1 % after RBI policy, Gold falls Rs 70 per 10 grams, Rupee settles at 82.96

Domestic indices BSE Sensex and NSE Nifty fell around one percent on Thursday after they were dragged by selling banking and auto shares due to increased uncertainty in the timing of interest... Read more »
RBI keeps repo rate unchanged, status quo for the 6th time

RBI keeps repo rate unchanged, status quo for the 6th time

The Reserve Bank of India, on Thursday, decided to keep the policy repo rate unchanged at 6.5 percent. The six-member RBI’s monetary policy committee, in its last meeting of FY24, voted by... Read more »
Sensex & Nifty close flat, Rupee gains 2 paise against USD, Gold & Silver traded lower

Sensex & Nifty close flat, Rupee gains 2 paise against USD, Gold & Silver traded lower

In a volatile trade, the benchmark domestic index Sensex and Nifty closed flat on Wednesday as investors stayed on the sidelines ahead of the Reserve Bank of India’s interest rate decision on... Read more »
Canara Bank to consider stock split on Feb 26

Canara Bank to consider stock split on Feb 26

Canara Bank to consider stock split on Feb 26 Read more »