Browsing Tag
Reserve Bank
India’s current account deficit rises to 4.4 pc of GDP in Q2: RBI data
India's current account deficit widened to 4.4 per cent of the GDP in the quarter that ended September, from 2.2 per cent GDP during the April-June period, due to higher trade gap, as per…
Forex kitty soars USD 11 bn to USD 561.16 billion
India's foreign exchange reserves soared by USD 11.02 billion to reach USD 561.162 billion for the week ended December 2, Reserve Bank data showed on Friday. This is the fourth consecutive…
Dollar near one-week high as traders prepare for Powell, payrolls tests
The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as investors braced for comments from Federal Reserve Chair Jerome Powell later and a…
Not time to add to asset allocation despite market bounceback: Anand Tandon
“For equity allocation, rate sensitives, especially banks, would do reasonably well and they should outperform many of the other sectors. We have seen evidence of very strong credit growth…
System ready for tokenisation as 35 crore cards tokenised: Reserve Bank of India
There are a few laggards in the system who have not complied with the mandate because of their unwillingness, Deputy Governor T. Rabi Sankar said, expecting them to comply soon.
There are…
Sebi mulls farmework for market making to deepen bond markets
With over 98 per cent of corporate bonds being private placements, leading to a shallow secondary market, Sebi is planning to come out with a framework for market-making to help markets…