The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and illiquid bonds to manage market sentiments. The operation involved purchasing ...

DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a boon to the Indian IT sector.

A falling rupee may be perceived as a sign of a weak economy, and it’s no solace that all major currencies in the world have ...

The Indian rupee depreciated 7 paise to close at 86.63 (provisional) against the US dollar on Thursday, weighed down by a strong US dollar amid a hawkish tone of the US Federal Reserve. Rupee ...

India's PM Surya Ghar Muft Bijli Yojana aims to install rooftop solar panels in 1 crore households by March 2027. The scheme ...

Reserve Bank of India (RBI) will conduct a USD/INR Buy/Sell swap auction of USD 5 billion on January 31, 2025, to inject liquidity into the market. The swap will have a six-month tenor, with the near ...

The Indian rupee declined slightly, closing at 86.xxxx due to broad-based demand for the dollar. State-run banks' ...

Central bank will conduct a 6-month dollar/rupee buy-sell swap, one of its many planned measures aimed at injecting liquidity ...

The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction is anticipated to attract strong interest from ...

The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...