India makes surprise rate cut, citing softening inflation
The Reserve Bank of India announced a surprise interest-rate cut Wednesday, trimming its policy repurchase rate by…
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Reserve Bank of India
Reserve Bank of India Leaves Lending Rate Steady
The Reserve Bank of India left its benchmark lending rate unchanged Tuesday as it waited for more signs that…
No need to panic over falling rupee: FM
Finance minister P Chidambaram said on Friday that there was no need for panic over the weakness in the rupee and…
India May Introduce Islamic Banking
The government is considering introducing Islamic banking in the country. The Ministry of Finance recently asked…
India Sets Forex Rules To Halt Slide In Rupee
India's central bank Thursday moved aggressively to halt a sharp slide in the rupee, imposing foreign-exchange…
India Reduces Rates 50 BPS to Boost Growth
India's central bank cut its main interest rates by 50 basis points on Tuesday - its first reduction in three years…
Rupee rises amid Greek debt-swap Deal
Mumbai India's rupee strengthened the most in five weeks as an agreement among private investors to swap 95.7 per…
India’s Forex reserves fall to $293.753 bn
India's foreign exchange reserves fell to $293.753 billion as of Feb 3, from $293.930 billion in the previous week,…
