Search Results for: forex reserves

Arun Jaitley hits back at RBI, says it allowed lending excesses

Government officials were very upset by RBI Deputy Governor Viral Acharya's comments, which included a reference to problems created in Argentina when its government meddled in central bank affairs.

Oct 30, 2018

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

In a sign of a mounting policy struggle between India's central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence could be "potentially catastrophic".

Oct 27, 2018

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Sensex down 143 points, Nifty below 10,200 points amid negative global cues

It touched an intra-day high of 33,776.80 points and a low of 33,332.10 points, Yes Bank was one among the major losers.

Oct 26, 2018

Gold hits over 6-year high of Rs 32,625 on festive buzz, global cues

Silver, however, remained weak and fell by Rs 130 to Rs 39,600 per kg due to slackened demand from industrial units.

Oct 25, 2018

RBI's monetary policy committee highlights inflation spike risk, signal rate hikes

Headline inflation for the first quarter of the fiscal year to March 2020 is projected at 4.8 per cent compared with the MPC's mandated target of 4 per cent.

Oct 21, 2018

Cash-crunched Jet airways to raise $800 mn from sale and leaseback of 16 aircrafts - Report

The airline company, which has been in financial trouble for the past few months, currently owns 16 aircrafts, out of the 124 in its fleet.

Oct 20, 2018

India's forex reserves edge down by $5.14 billion; steepest weekly fall since 2011

The rupee had lost more than 16 per cent since January and plunged to 74.43 last week to the dollar, making it the worst emerging market currency.

Oct 20, 2018

China records slowest quarterly growth rate since 2009 as stock markets continue to slide

China's yuan inched up against the US dollar on Friday but was still set for a weekly loss.

Oct 19, 2018

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Trump admin could remove India from its currency watch list of major trading partners

India for the first time was placed by the US in its currency monitoring list of countries with potentially questionable foreign exchange policies in April along with five other countries – China, Germany, Japan, South Korea, and Switzerland.

Oct 18, 2018

crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Crude at $200 and an 'Asian calamity' in the offing? Oil rises after Saudi threat

The latest jolt to the crude market comes in the wake of the mysterious disappearance of Saudi journalist Jamal Khashoggi at the Saudi consulate in Istanbul on October 2.

Oct 15, 2018

Prolific Shami's inclusion opens up options for India's bowling

Pandya's injury opens up space for a third seamer in the playing eleven and Shami might be a natural choice given his wicket-taking prowess.

Oct 12, 2018

Sensex tanks 1000 points; rupee sinks to new low of 74.45 against US dollar

Forex dealers said besides strong demand for the American currency from importers, concerns of fears of rising fiscal deficit and capital outflows weighed on the domestic currency.

Oct 11, 2018

HAL faces cash-crunch amid delay in budgetary allocations

As of October 9, the company only has around Rs 1,000 crore cash in hand which is just enough for the salaries of its 29,035 employees for next three months.

Oct 10, 2018

Asia stocks at 17-month low amid China concerns

Japan's Nikkei fell 1.2 percent, hurt in part by a rise in the safe-harbour yen.

Oct 9, 2018

Is Gourav Mukhi 16? Jamshedpur FC react to striker's age fraud allegations amid social media uproar

While Indian Super League website claims Mukhi is the youngest goal-scorer in the league's history at 16, quite a few on social media have raised suspicion of age fraud. Read on for more.

Oct 8, 2018

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