Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters.
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which has to deal with volatile policies.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
Indian shares set to open higher ahead of central bank policy decision
Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest rates to support slowing economic growth.
India's RBI to cut rates for the first time since 2020
The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;
Rupee strengthens, forwards dip ahead of central bank policy decision
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward ...
Stock market, RBI rate cut: Gift Nifty hints at firm opening; Nifty Bank, Nifty levels to watch
The central bank is seen to cut rates after nearly five years, post the covid-19 pandemic in May 2020, to provide stimulus to ...
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RBI Monetary Policy Live Updates: India Braces For First Rate Cut After Two Years Of Status Quo
The key event comes after the Union Budget last Saturday, which unveiled tax sops worth Rs 1 lakh crore to boost consumption.
India's central bank to cut rates to boost economy as inflation slows
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish ...
Central Bank of India ZBO 2025 Recruitment – Steps to Apply for 266 Openings
The Central Bank of India has commenced the application process for the recruitment of Zone Based Officers (ZBO) for 2025.
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Rupee hits record low ahead of central bank policy decision
The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial ...
Ahead of RBI monetary policy, central bank likely conducting buy/sell USD-INR swaps
India’s central bank is reportedly conducting dollar-rupee swaps and selling spot dollars to support the rupee. Traders noted that the RBI’s recent interventions have affected rupee liquidity, while ...
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India’s government to re-evaluate crypto stance
A senior official in India’s government said on February 2 that the country would re-evaluate its strict crypto stance, in an ...
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India central bank announces raft of measures to boost banking liquidity
India's central bank on Monday announced a host of measures to inject liquidity in the banking system, including bond ...