No set level on rupee-dollar exchange rate: RBI chief
Reserve Bank Governor Sanjay Malhotra on Wednesday said the central bank does not target any level or band for the rupee-dollar exchange rate, but intervenes in forex market only when there is excessive volatility. Talking to reporters after the announcement of the April monetary policy, the Governor said the impact the...
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‘India’s GDP growth faces risks from Trump tariff’
10 April 2025 | Press Trust of India -
Sitharaman highlights Indian opportunities in London
10 April 2025 | Press Trust of India -
Xi pledges to strengthen ties with neighbours amid Trump's tariff war with China
09 April 2025 | PTI -
Tump tariffs cloud economic outlook across regions, to have impact on exports: RBI Governor
09 April 2025 | PTI -
Lotus Petal Foundation unveils social impact report
09 April 2025 | Pioneer News Service -
In brief
09 April 2025 | PNS -
China says it will 'fight to end' after Trump threatens to impose still more tariffs
08 April 2025 | AP
Markets rebound in early trade: Sensex, Nifty surge nearly 2 pc tracking firm trends in Asian peers
Stock markets rebounded sharply in early trade on Tuesday after facing massive drubbing in the previous session, following a recovery in Asian peers and across the board buying. Bouncing back from a maniac Monday that left investors shell-shocked, the 30-share BSE benchmark Sensex jumped 1,283.75 points or 1.75 per cent to...
Rupee drops 38 paise against US dollar
The rupee declined 38 paise — steepest in more than five weeks — to settle at 85.82 (provisional) against the US dollar on Monday amid the wide-spread global turbulence over escalated tariff war and fear of a global economic slowdown. A steep decline in crude prices and a weaker American currency...
SEBI fines `7 lakh on Reliance Securities
Markets regulator Sebi on Monday imposed a penalty of `7 lakh on Reliance Securities for non-compliance with the stock brokers’ norms. It has been directed to pay the fine within 45 days, according to an order issued by SEBI. The direction came after the Securities and Exchange Board of India (Sebi)...
Securitisation volumes jump 24 per cent in FY25
Securitisation volumes in FY25 increased 24 per cent to hit the highest level of Rs 2.35 lakh crore, a report said on Monday. The volumes of securitisation, which involves passing on future receivables on a loan to address upfront liquidity needs, were lower in the fourth quarter at Rs 58,000...
RBI starts bi-monthly monetary policy review
The Reserve Bank of India (RBI) on Monday started its bi-monthly monetary policy review amid expectations of a 25 bps cut in key interest rates in the backdrop of moderating inflation and the need to stimulate growth as Trump tariffs pose severe challenges to the global economy. The decision of the...
Automobile retail sales rise six per cent in FY25: FADA
Automobile retail sales in India rose six per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers’ body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers. Registrations of commercial...
India’s exports to US could decline by $5.76 billion: GTRI
India’s merchandise exports to the US from sectors such as marine items, gold, electrical, and electronics are expected to decline by $5.76 billion this year due to increased American duties, according to the data analysis of think tank Global Trade Research Initiative (GTRI). However, it added that India’s competitive position in...
