Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been ...

The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...

The new deputy governor will replace Patra, who was one of the three central bankers on the six-member monetary policy ...

Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...

If India wants to prop up its stalling economic growth, it will have to sacrifice some of the financial stability ...

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India's trade deficit in goods widened in December, with imports rising while exports dragged slightly. The trade merchandise deficit in the world's most populous nation was $21.94 billion in December ...

India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further ...

The Reserve Bank of India, under new Governor Sanjay Malhotra, is loosening its tight control over the rupee, aligning it ...

Prior to his first monetary policy meeting in February, Reserve Bank of India Governor Sanjay Malhotra, who assumed office in ...

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...