India’s forex reserves were up by $4.84 billion to $702.78 billion for the week ended June 27, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the foreign exchange reserves had dropped by
Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid buying in bank stocks and a rally in the US markets. Photograph: Shailesh Andrade/Reuters After oscillating between highs and lows in intra-day trade, the 30-share
‘India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.’ IMAGE: Reserve Bank of India (RBI) Governor Sanjay Malhotra delivers the Monetary Policy statement, in Mumbai. Photograph: ANI Photo Ram Singh, external
China’s export curbs on critical minerals crucial for India’s electronics sectors are no longer mere warnings but a wake-up call for New Delhi, underscoring the need for urgent measures like reverse-engineering of low- to mid-tech imports to cut overreliance on
India’s economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday. Photograph: Anushree Fadnavis/Reuters Addressing
There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy
‘Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.’ Kindly note the images have only been published for representational purposes. Photograph: Hitesh Harisinghani/Rediff Challenges of environmental clearance
Benchmark indices Sensex and Nifty pared early gains to end lower on Wednesday, dragged down by selling pressure in HDFC Bank, L&T and Reliance Industries shares ahead of the impending US tariff deadline. Photograph: Shailesh Andrade/Reuters Flight of foreign capital
Hectic parleys are underway between officials of India and the US in Washington on the proposed interim trade agreement between the two countries, an official said on Wednesday. Illustration: Dado Ruvic/Reuters The talks entered the seventh day on Wednesday in
State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” and to report the name of its erstwhile director — Anil Ambani to the Reserve Bank of India (RBI), according to
