Reserve Bank of India

RSS Man RBI Board Member Linked Women's Entry to Sabarimala With Kerala Floods. Twitter Not Pleased

RBI's non-official director tweeted that Lord Ayyappa's anger is causing the Kerala floods and it is not amusing the internet.<p>What has caused the …

Business (India)

Stressed Asset Framework Needs To Be Sector-Agnostic, Says Top RBI Official

The Smarter way to get your business news - Subscribe to BloombergQuint on WhatsApp<p>The power sector will not get any special dispensation from the …

Central Banks

Rupee to stabilise very soon: Official

Kolkata, Aug 18 (IANS) The Indian rupee, which has been depreciating against the dollar on account of external factors, will "stabilise" soon with …

Business (India)

DIARY-Emerging Markets Economic Events to Oct 31

DIARY-Emerging Markets Economic Events to Oct 31<p>Aug 18 (Reuters) -<p>For other diaries, please see:<p>Top Economic Events<p>M/DIARY<p>Emerging Markets Economic …

Central Banks

Financial distress in India's thermal power sector

The thermal power sector accounts for $40-60 billion of potentially stranded assets that are continuing to trouble the Indian banking sector. Fifteen …

Business (India)

Goldman Sachs Says ‘Plenty To Play’ In India, Here’s A List

This rally in the Indian indices have been led by only selected stocks--HDFC Bank Ltd., Reliance Industries Ltd. and Infosys Ltd.--which means that …

Markets

MSME credit growth back at pre-note ban levels: RBI study

The flow of bank credit to micro, small and medium enterprises (MSMEs) that took a hit in the aftermath of demonetisation seems to have picked up …

India News

India's forex reserves deplete by over $1.80 bn

Mumbai, Aug 17 (IANS) India's foreign exchange (Forex) reserves plunged by $1.82 billion during the week ended August 10, official data showed on …

India

Make no compromise on cyber security: RBI chief

Our BureauOperators in the payments system space should ensure that no corners are cut when it comes to cyber security, said Urjit Patel, Governor,

Cybersecurity

Atal Bihari Vajpayee: A titan of Indian politics and his political life in four distinct stages

Nice editorial by Mint as we just bid goodbye to India’s former Prime Minister A.B. Vajpayee.<p><i>Politicians are thick upon the ground in India. Atal</i> …

India

No stopping fall in India’s forex levels, it now touches $400.8 billion

Analysts say although current levels are comfortable they’re apprehensive of the pace at which reserves are dropping.

Business (India)

Rupee may stabilise at Rs 69 to a dollar: Experts

The Indian rupee, which is on a free fall, is likely to stabilise at Rs 69 to a dollar, according to experts.<p>While the present imbroglio in the …

Business (India)

More Indians going abroad for studies, but foreign students aren’t coming in

According to RBI, while spending on tuition and hostel fees by Indian students studying abroad has shot up 44% in the past three financial years, …

Higher Education

GDP likely to grow at a healthy 7.5% in first quarter, say economists

Slightly lower than the seven-quarter high of 7.7% logged in the fourth quarter of 2017-18

Business (India)

Forex Markets Shut Today On Account Of Parsi New Year

INR VS USD: On Thursday, the Indian rupee slipped 26 paise to close below the 70-mark for the first time.<p>Domestic currency and debt markets are …

Business (India)

Brokerages watchful as MPC sees inflationary risks ahead

The Reserve Bank of India is likely to tighten policy rates further if core inflation remain sticky and growth continues to improve. Photo: Mint<p><b>New</b> …

Economics

Global FX: This Is A Political World

<i>Originally published on August 16, 2018</i><p><i>By Viraj Patel, Foreign Exchange Strategist</i><p><i>Reports that a Chinese delegation will be heading to Washington for</i> …

Business (India)

Vajpayee shaped India’s policy on the diaspora | columns

On a fall day in September, a multitude of Indian-Americans streamed into the Jacob Javits Center in midtown Manhattan. It was a Sunday and that …

India

Rupee closes below 70 for first time on trade war fears

The Indian rupee for the first time closed below 70 mark against the dollar on Thursday at an all-time low of Rs 70.15. The greenback continued to …

Business (India)

Banks set to come out of PCA framework this year

<b>New Delhi</b>: Asserting that the worst is behind for state-owned lenders, financial services secretary Rajiv Kumar on Thursday expressed hope that the …

Bank of India

Nifty Closes At Record 11,470, Sensex Jumps 284 Points

Most sectors registered gains with defensives such as fast-moving consumer goods and healthcare leading the advances.<p>Domestic stock markets surged on …

Stock Markets

Atal Bihari Vajpayee: The liberal Prime Minister, a key liberaliser of India’s economy

Atal Bihari Vajpayee dead: Like the years of P V Narasimha Rao, the Vajpayee era, too, will be remembered for its rich economic legacy.<p>Written by | …

India News

Sensex Gains Nearly 200 Points, Nifty Trades At 11,439; Vedanta Rises 2%

Stock Market on Friday: Major gainers in 30-share Sensex pack were Vedanta, Mahindra & Mahindra, Tata Motor Driver, Power Grid and Yes Bank.<p>The …

Stock Markets

Blockchain Technology Report 2018 Demystifies The Hottest Tech Of The Moment

The report delves into the hype around the technology, decoding blockchain and its frameworks, and discussing its features — primarily information …

Blockchain

If rupee slump persists, it can hurt India's Modi

© Reuters. Indian Prime Minister Narendra Modi arrives to address the nation during Independence Day celebrations at the historic Red Fort in Delhi<p>By …

India

India monetary policy panel cites inflationary risks as reason for rate hike

© Reuters. India monetary policy panel cites inflationary risks as reason for rate hike<p>By Swati Bhat<p>MUMBAI, Aug 16 (Reuters) - India's monetary …

Economics

The Anatomy Of A Crisis: A Strong Dollar And Disappearing Liquidity

Since March – the dollar’s rallied over 7%. And it’s caused the Emerging Markets to implode.<p>But the bigger problem is what lies <i>ahead</i>.<p>And that’s <i>a</i> …

Markets

DNA Edit: Cosmos heist - The cyberattack could be a prelude to the big show

Without resorting to fearmongering, it can be said that the fall of Cosmos bank is an ominous portent. It was a little publicity stunt, so to speak, …

Cybersecurity

Latin American And Asian Banks Are Promising For Long-Term Investors

Investors this year have been very bearish about emerging market currencies and other assets. Just on Wednesday, the widely followed Morgan Stanley Composite Index (MSCIEF) that tracks 24 emerging markets declined 20% from January 2018. Political uncertainty and corruption scandals in many emerging …

Emerging Markets

Chinese currency won't be hit by Turkey crisis as much as Indian rupee: analysts

File photo: VCG<p>The weakening Turkish lira will not drag on China's currency as much as on those of other emerging economies like India and South …

News (China)