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Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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India to triple its electronic production by 2025-26, says RBI

India's electronic produce has surged to 3% of GDP in 2023-24, highlighted the July 2024 monthly bu…

ANI   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …

ANI   


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WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables

New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…

PTI   


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RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July

The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …

ANI   


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Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a …

ANI   


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What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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MobiKwik gains market share, becomes largest Wallet player

MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…

PTI   


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RBI proposes rationalising regulations on export, import transactions

The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…

PTI   


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India's forex reserves jump USD 4.3 billion, hit new all-time high of USD 655.8 billion

India's forex reserves jumped USD 4.307 billion to a new all-time high of USD 655.817 billion for t…

PTI   


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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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Indian government bonds to be included JP Morgan Govt bond Index from June 28

Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…

ANI   


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Forex reserves jump $4.84 bn to new all-time high of $651.5 bn

The previous high for the kitty a crucial guard against any disturbances in the external sect…

PTI   


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Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement

Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…

PTI   


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Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…

PTI   


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Rupee falls 6 paise to 83.54 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.52 and lost further groun…

PTI   


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With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report

Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…

ANI