[ad_1] MUMBAI: India’s foreign exchange reserves rose for a fourth straight week to hit a record high of $642.49 billion as of March 15, central bank data showed on Friday. The reserves rose by $6.4 billion in the reporting week, after rising $20 billion in the previous three weeks. The Indian economy is seen growing…
[ad_1] MUMBAI: The country’s foreign exchange reserves rose for a third straight week and reached a more than two-year high of $636.1 billion as of March 8, data from the central bank showed on Friday. The reserves jumped by $10.5 billion in the reporting week, the biggest jump since the week ended July 14, 2023….
[ad_1] MUMBAI: RBI governor Shaktikanta Das has recommended to other countries the Indian strategy of coordination between the central bank and govt to address the demand and supply side of inflation. Das proposed such a coordinated effort, citing the high risk of sovereign indebtedness in some countries and how raising interest alone to curb inflation…
[ad_1] MUMBAI: Bombay high court on January 9 discharged a former AGM of Central Bank from a case under the Prevention of Corruption Act and offences of cheating, forgery and criminal conspiracy registered by the Central Bureau of Investigation (CBI) in 2018 over an alleged Rs 17 crore loss to the bank’s Peddar Road branch…
[ad_1] NEW DELHI: RBI governor Shaktikanta Das has said that the central bank managed to moderate inflation without compromising on its growth focus. In his new year message to the central bank’s staff, Das said that the RBI has navigated multiple challenges faced by the economy and exhorted the staff to improve the quality and…
[ad_1] MUMBAI: If you simply owned the sensex in 2023, you would have logged over 18% returns in a year — beating most conventional assets and perhaps even some Wall Street players who had forecast 5-6% returns this year.Now above 72,000 points, the sensex is at a higher level than what some analysts predicted it…
[ad_1] LONDON: Italy‘s benchmark bond yield hit its lowest level in 15 months on Thursday as the bond market rally continued despite central bank officials’ best attempts to rein in the exuberance.The Italian 10-year yield, which moves inversely to the price, fell 4 basis points (bps) to 3.566% on Thursday, the lowest since late August…
