FM Welcomes RBI Moves to Help NBFCs, Firms Borrow Cheap
Finance Minister Nirmala Sitharaman on Friday welcomed the Reserve Bank of India’s (RBI’s) steps aimed at helping companies and individuals borrow at cheaper rates,...
Category : ECONOMY
RBI Says Banks to Not Give Dividends
On Friday, the Reserve Bank of India (RBI) has asked scheduled commercial banks and co-operative banks not to make any dividends for the financial...
US Gives $5.9 Million Health Assistance to India
The State Department said that the US has gives $5.9 million health assistance to India to contain the spread of COVID-19. The amount is...
Rupee Falls to New All-Time Low Against US Dollar
Today, the US dollar and weak domestic equity markets pushed Indian rupee to record lows against the greenback. After opening at 76.74, the rupee fell...
Rupee Remains Under Pressure Against US Dollar
Indian rupee against the US dollar amid a sharp decline in domestic equity markets. The rupee fell to 76.43 at day’s low after opening at...
COVID-19: ADB Offers $2.2 Billion Package to India
The Asian Development Bank (ADB) on Friday assured India of $2.2 billion assistance in its fight against the COVID-19 outbreak, after a telephonic conversation between...
COVID-19 Hangs Over Future Like A Spectre, Says RBI
The Reserve Bank of India (RBI) said on Thursday that the coronavirus pandemic ‘hangs over the future, like a spectre’, and the lockdowns will impact...
Rupee Falls to Record Low Against US Dollar, Recovers
Indian rupee fell to a new record low against the US dollar, today, despite strong traction in domestic equity markets. The rupee today opened at...