Market participants said that due to scheduled outflows from the banking system on account of advance tax payments and goods and services tax, the surplus in the system liquidity narrowed. Illustration: Uttam Ghosh Key Points When there was surplus liquidity,
Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report. Photograph: Kind courtesy Openbook10/wikipedia.org/Creative Commons After a tumultuous day, where HDFC Bank’s management and board tried
Foreign exchange traders said the Reserve Bank of India intervened by selling dollars, helping limit the rupee’s fall. Illustration: Dominic Xavier/Rediff Key Points The rupee has depreciated 8.8 per cent so far this financial year. The price of the Indian
India’s forex reserves experienced a significant dip of $7 billion, as reported by the RBI, prompting analysis of the contributing factors and potential impact on the Indian economy. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves decreased by $7.052 billion
India’s forex reserves have soared to an unprecedented $728.5 billion, signalling robust economic strength and stability, according to the latest data from the Reserve Bank of India. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves hit a record high of
Positive rate of inflation in January 2026 is primarily due to increase in prices of manufacture of basic metals, other manufacturing, non-food articles, food articles, and textiles. Photograph: Anushree Fadnavis/Reuters Key Points Non-food articles category inflation spiked to 7.58% in
