GLOBFAST NEWS
GLOBFAST NEWS
Ai botMUMBAI: The rupee ended near an all-time low against the dollar on Thursday amid outflows from equities and anxiety over the outcome of the US election, but RBI‘s intervention kept…
Ai botMUMBAI: The central bank’s projections indicate that inflation will moderate after remaining high in October, RBI governor Shaktikanta Das has said, while cautioning that geopolitical risks and weather events pose…
Ai botMUMBAI: The rupee fell to a record closing low of 84.07 against the dollar on Monday. This was marginally lower than Friday’s close of 84.06 on the back of gains…
Ai botMUMBAI: RBI has said there has been a temporary slackening of the economy during the second quarter due to unseasonal heavy rains in August and September and ‘pitru paksha’ –…
Ai botNEW DELHI: The Reserve Bank of India’s (RBI) governor Shaktikanta Das on Friday said that interest rate cut at this stage will be ‘premature, and very, very risky’.Speaking at the…
Ai botMUMBAI: RBI has ordered four non-banking finance companies to “cease and desist from sanction and disbursal of loans” due to regulatory violations. The NBFCs are Asirvad Micro Finance, Arohan Financial…
Ai botInflation to align to the 4 percent target by FY’25-26: Michael Patra MUMBAI: India’s inflation, as measured by consumer price index, is expected to average 4.5% in the current fiscal…
Ai botInflation in the food basket surged to 9.24 per cent in September. (AI image) CPI inflation September 2024: The All India Consumer Price Index (CPI) inflation for September 2024 increased…
Ai botMUMBAI: RBI deputy governor Swaminathan J has sounded a word of caution for small finance banks (SFBs). Swaminathan has asked the boards of these banks to assess whether there is…
Ai botNEW DELHI: India’s foreign exchange reserves rose by $223 million, reaching a record high of $689.458 billion for the week ending September 13, according to data released by the Reserve…
