Mumbai: The recent decision by the Reserve Bank of India to allow non-residents, who are controlling shareholders in Indian listed firms to buy additional stake from the market without prior approval

New Delhi: India Inc’s business confidence has plunged to the lowest level in 17 quarters — reminiscent of the 2008-09 financial meltdown — as cost and availability of credit constrain growth in a we

Already credited with causing a bounce in battered financial markets, new Reserve Bank of India chief Raghuram Rajan was told on Friday he had become a 'sex symbol' after just a week in the job.

 
 
 
Mumbai: The rupee on Friday recovered all of its early losses and edged up two paise to end at 63.48 against the dollar as exporters sold the US currency.
The rupee opened weaker at 63.75 on th

Mumbai: Making garlands of currency notes, a practice followed in Indian marriages and political rallies, has been sought to be discouraged by the Reserve Bank.
"The Reserve Bank of India has appeale

Mumbai: Analysts and heads of treasuries at banks have opined that 'the Rajan effect' - the impact of the measures unveiled by new Reserve Bank Governor Raghuram Rajan - will continue to play out in

Mumbai: New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focu

Mumbai: Raghuram Rajan, a suave, unflappable University of Chicago economist, on Wednesday took over as the new Governor of the Reserve Bank of India amidst gloom all over. He is bound to step into t

Mumbai: The Indian rupee trimmed initial losses against the US dollar but was still quoted lower by 19 paise to 67.82 in early trade on dollar demand from banks and importers.
Sensex up 161 pts in ea

Mumbai: The Reserve Bank on Saturday said it is not contemplating any proposal to buy idle gold and convert it into bullion.
"The RBI clarifies that no such proposal is under its consideration at thi