Month: September 2022

India’s current account deficit, a key indicator of the balance of payment position, widened to 2.8 per cent of GDP at $23.9 billion in the […]

In a report, S&P said global macro performance over the next few quarters points towards growth slowdown with tightening financial conditions amid rate hikes by […]

The Reserve Bank of India’s six-member monetary policy committee will raise its repurchase rate by 50 basis points to 5.9%, according to 24 of 35 […]

Indian companies are still buying Russian oil using dollars after Dubai’s Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams […]

Continuing to weaken against the dollar, the rupee closed at a new life low of 81.94 against the US currency after nearing the 82-level in […]

The department of telecommunications in coordination with telecom service providers and law enforcement agencies has cracked down on 30 entities that were routing ISD calls […]

India’s depleted foreign exchange reserves are likely to drop further, falling to their lowest level in over two years by end-2022, as the Reserve Bank […]

The Union Cabinet on Wednesday approved 4% hike in dearness allowance (DA) for central government employees and dearness relief (DR) to pensioners. With this, DA […]

An FIR was registered in the case in May 2018, amid fresh revelations about irregularities at the country’s largest stock exchange. The CBI is probing […]

Interest rate hikes in the United States and the resultant pressure on the rupee is likely to give the Reserve Bank of India (RBI) reason […]