The Reserve Bank of India said on Friday it has revoked authorisation to Dubai-based UAE Exchange Centre to act as a payment ...

India cannot risk another bout of inflation and the monetary policy committee (MPC) must adopt a cautious approach to ...

Benchmark Indian equity indexes, the BSE Sensex and Nifty 50 declined nearly 1% each on Friday to log their fourth ...

The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp fall on account of ...

The Reserve Bank of India (RBI) sold $6.49 billion, on a net basis, in the spot foreign exchange market in August, according ...

Nigeria is considering a diaspora bond in the United States next year and is targeting remittance inflows of $1 billion a month, its central bank chief told Reuters on Thursday. Central Bank Governor ...

The new directives will primarily benefit imports into specialised economic zones such as the Export Processing Zones (EPZs) and Economic Zones (EZs) ...

The benchmark 10-year bond yield is likely to move between 6.80% and 6.84%, compared with its previous close of 6.8220%, a ...

In addition to the weekly repo lending, banks will be able to take overnight repo on the day of the Reserve Maintenance Period (RMP) for the convenience of maintaining the Cash Reserve Ratio (CRR) of ...

MUMBAI (Reuters) - The Reserve Bank of India (RBI) sold $6.49 billion, on a net basis, in the spot foreign exchange market in August, according to data released on Monday as part of the central ...