The Indian rupee recovered 15 paise from its all-time low against the US dollar after the Reserve Bank of India cut the repo rate by 25 basis points. The rupee closed at 87.44 on Friday.

The rupee recovered 15 paise from its all-time low closing level to 87.44 (provisional) against the U.S. dollar on Friday ...

Two new IPOs will open for subscription. India, US inflation and US Fed’s testimony are key data and events to track ...

The Indian stock market ended in the red on Friday following the Reserve Bank of India’s (RBI) announcement of a 25 basis points (bps) cut in the repo rate, bringing it down to 6.25 per cent. This ...

While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market ...

The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...

The rate pivot by the MPC is a welcome measure, which will give markets some confidence that the RBI is also committed to ...

Indian shares ended slightly lower on Friday as the Reserve Bank of India (RBI) reduced its key interest rates for the first time in ...

The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...

Initiative is designed to mitigate fraud in digital transactions and create a more secure online financial ecosystem ...

The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...