Sensex crashes 1,045 points as crude oil surge and foreign selling hit stocks
MUMBAI — Thursday left the benchmarks at multi-year lows. The Sensex fell 1,045.46 points, or 1.44%, to 71,593.24 its weakest ...
Tag: RBI
India’s external debt hits record $778.2 billion as near-term debt burden rises
India's external debt has crossed $778 billion, reaching a record $778.2 billion by the end of June. The headline debt-to-GDP ...
Tata Sons IPO row: Tata Trusts and board clash over listing
Tata Sons is in open conflict, and the break is no longer contained inside the boardroom. On 17 September the ...
RBI rejects Tata Sons’ exit plan, putting ₹2.01 lakh crore holding company closer to listing
MUMBAI — The Reserve Bank of India just blocked Tata Sons' way out, and left India's most valuable private holding ...
RBI announces ₹1 lakh crore bond sales to absorb excess banking liquidity
MUMBAI – The Reserve Bank of India is set to remove ₹1 lakh crore from the banking system as surplus ...
India bank credit growth hits 19.1% as loans surge across sectors
MUMBAI : Bank credit growth accelerated sharply in July. Non-food credit rose 19.1% year-on-year, almost double the 9.9% recorded in ...
India’s forex reserves hit record $729 billion as NRI deposits drive sharp rise
MUMBAI : India’s foreign exchange reserves have climbed to a record $729.33 billion, recovering sharply from the pressure seen earlier ...
India growth seen slowing to 7.1% as oil prices and weak investment weigh
New Delhi : India's economic growth is expected to have slowed to 7.1% in the April-June quarter, from 7.8% in ...
Indian bank credit grows 19.3% as deposits reach ₹269.41 trillion
MUMBAI: Outstanding bank credit in India climbed to ₹220.78 trillion by July 31, growing 19.3 percent from a year earlier, ...
India’s outward FDI rises to $5.7 billion in July, RBI data shows
Mumbai : Indian companies pledged $5.70 billion toward overseas investments in July, bouncing back sharply from a weak June and ...
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