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Rupee loses 1.5% in biggest single-day fall for 20 months

Economy

07 April, 2021

Rupee loses 1.5% in biggest single-day fall for 20 months

The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped ......

India holds rates at record lows amid COVID surge; RBI commits to govt bond purchases

Finance

07 April, 2021

India holds rates at record lows amid COVID surge; RBI commits to govt bond purchases

The Reserve Bank of India (RBI) kept interest rates at record lows but committed to a massive government bond purchase ......

RBI restricting banks from raising stakes in insurance firms

Finance

02 March, 2021

RBI restricting banks from raising stakes in insurance firms

India's central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than ......

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

General

31 December, 2020

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

The Adani Group has bid for the entire 6.4 gigawatt (GW) capacity aimed at powering the farms of Andhra Pradesh ......

India's current account surplus shrinks in July-September

Economy

31 December, 2020

India's current account surplus shrinks in July-September

India's current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as ......

India's financial sector faces challenging times ahead, warns RBI

Finance

30 December, 2020

India's financial sector faces challenging times ahead, warns RBI

India's financial sector should brace for challenging times ahead with an increased risk of deterioration in asset quality and lower ......

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Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

Finance

29 December, 2020

Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......

Podcast: Making sense of the bidding war for Dewan Housing's assets

TMT

24 December, 2020

Podcast: Making sense of the bidding war for Dewan Housing's assets

In October last year, a forensic audit conducted by KPMG on behalf of lenders to Dewan Housing Finance Corp Ltd ......

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Flashback 2020: A limping economy and high human cost in a year best forgotten

Economy

22 December, 2020

Flashback 2020: A limping economy and high human cost in a year best forgotten

As the year 2020 began, few would have imagined that the world would literally be thrown into the biggest crisis ......

RBI panel to keep monetary policy accommodative, sees limited room for rate cut

Finance

18 December, 2020

RBI panel to keep monetary policy accommodative, sees limited room for rate cut

The Reserve Bank of India is likely to maintain its accommodative monetary policy stance but a faster-than-expected recovery in growth ......