India’s c. bank to launch local cloud platform
The Reserve Bank of India (RBI) is set to launch a pilot programme in 2025 to offer local cloud data storage…
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India’s central bank
India’s c. bank likely to cut rate amidst economic slowdown
India's central bank is expected to cut its key policy rate 25 basis points to 6.25 per cent in December to boost…
India’s gold reserves surge in Q2 ’24
India's central bank increased its gold reserves in the second quarter of 2024 to 854.73 metric tons, up from…
India’s c. bank sells $6.49b in forex market
The Reserve Bank of India (RBI) intervened in the foreign exchange market during August, selling a net amount of…
Indian rupee hits all-time low
The Indian rupee reached an all-time low on Monday, driven by a weaker Asian currency landscape and increased…
Indian rupee remains stable on Thursday
The Indian rupee closed flat on Thursday, with the RBI's intervention helping it withstand pressure from foreign…
World Bank raises growth outlook for S. Asia to 6.4%
The World Bank (WB) revised on Thursday its growth forecast for South Asia upward to 6.4 per cent from earlier…
Indian rupee holds steady amidst outflows
The Indian rupee remained stable on Monday despite pressure from equity-related outflows and a decline in regional…
India’s c. bank likely to hold rates amidst economic uncertainty
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged on Wednesday, with some investors…
India’s RBI urges banks to avoid rupee speculation
The Reserve Bank of India advised both state-run and private lenders to avoid excessive speculation against the…
