Tag: RBI

Stocks to Buy: Chakri Lokapriya’s top picks and investment strategy in current market

Stocks
Stocks to Buy: Chakri Lokapriya’s top picks and investment strategy in current market Source link

Mumbai Ring Road project gets $2.5 billion funding commitments

Economy
India’s Maharashtra state has obtained 215 billion rupees ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according to people familiar with the matter.Maharashtra State Road Development Corporation Ltd., a...

RBI rate cut may take several months to fully reflect on lending and deposit rates

Economy
MUMBAI: Friday's rate cut by the Reserve Bank of India is expected to take several months to fully reflect on lending and deposit...

India slashes income taxes and rates, but Modi govt has to convince investors

Economy
Prime Minister Narendra Modi is counting on a two-pronged stimulus of tax and interest rate cuts to turn around India’s slowing economy, but...

Market Wrap: D-Street ends lower ahead of RBI rate decision; Sensex sheds 213 points, Nifty below 23,650

Stocks
Indian benchmark indices ended in the red on Thursday, paring early gains, driven by losses in heavyweight consumer stocks, as caution prevailed in...

RBI starts deliberations on interest rate amid expectations of 25-bps cut

Economy
Days after the Union Budget, the Reserve Bank of India (RBI) on Wednesday started deliberations on the monetary policy amid expectations of a...

RBI expected to cut interest rates for first time in nearly five years

Economy
The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years this Friday on...

RBI purchases bonds via OMO, while managing market sentiments

Stocks
The Reserve Bank of India (RBI) began its first leg of liquidity infusion with an open market operation (OMO) purchase of Rs 20,000...

RBI tweaks downstream investment rules, gives nod to share-swap transactions, deferred payment terms

Economy
Mumbai: The Reserve Bank of India (RBI) has paved the way for foreign-owned or controlled companies (FOCCs) in India to buy into local...

Ensure nominations in all accounts, lockers: RBI to banks

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

Diversifying assets: RBI strategy has a heart of gold

Economy
Mumbai: The Reserve Bank of India (RBI) has accelerated gold purchases since October to mitigate revaluation risks to its foreign exchange stockpile and...

Look up who you are paying via NEFT soon

Business
MUMBAI: RBI has asked the National Payments Corporation of India to develop a facility to allow customers using online fund transfer...

RBI sets up panel for ethical AI use

Business
MUMBAI: RBI has formed a panel to guide ethical AI adoption in the financial sector. The committee on Framework for Responsible...

Depreciation of rupees helps exports more than an appreciating currency helping in imports: RBI study

Economy
A cost-benefit analysis of exchange rate movements shows that the benefits of depreciation of the Rupee, adjusted for inflation, is more in the...
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