The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at Rs 45.24 per dollar and the euro at Rs 63.00 per euro, as against Rs 45.18 per dollar and Rs 63.13 per euro on Wednesday.

The Bombay Stock Exchange benchmark Sensex was trading over 112 points lower in afternoon trade on increased selling by funds and retail investors amid RBI's move to raise its key policy rates by 25 basis points.

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at Rs 45.18 per dollar and the euro at Rs 63.13 per euro, as against Rs 45.27 per dollar and Rs 63.08 per euro on Tuesday.

Raipur: Trade between India and China is surging but the gap is widening in favour of the latter, Reserve Bank of India (RBI) chairman D. Subbarao said on Tuesday.

Trade between the two countries sur

Chandigarh: The Reserve Bank of India will soon put new coins of Rs 10 denomination into circulation to felicitate its Platinum Jubilee.

The front face of the coins will have the Ashoka Pillar emb

Mumbai: With a view to rein in high inflation, the Reserve Bank of India today raised its key short-term lending and borrowing rates by 0.25 per cent each with immediate effect.

The short-term lend

Mumbai: Home, auto and corporate loan rates may not go up immediately, even though the Reserve Bank today raised key short-term policy rates by 25 basis points to check high inflation, bankers said.

Jan. 24: A day before coming out with the credit policy, the Reserve Bank of India again underlined its single biggest fear — rising prices or inflation. The central bank has expressed a fear that ris

Mumbai: India Inc and the stock markets are keenly waiting if the central bank will hike key interest rates when it conducts its quarterly monetary policy review on Tuesday - a move widely predicted b

Jan. 19: Microfinance companies will have to face much closer scrutiny if the Reserve Bank accepts the recommendations of the Malegam sub-committee, that were submitted on Wednesday. The committee’s