The rupee, currently Asia’s weakest currency due to steep US tariffs, has been under pressure but saw a small rebound after ...

India's unwavering commitment to finding a smoother mechanism for cross-border payment settlements in the neighbourhood will ...

First, banks will be allowed to finance corporate takeovers — a domain from which they were long barred. Second, Indian banks and their overseas branches can begin extending rupee-denominated loans to ...

The Reserve Bank of India is taking steps to make trade settlements in rupees easier for its partners, aiming to strengthen ...

At the interbank foreign exchange, the rupee opened at 88.75 and traded in the range of 88.57-88.79 before settling at 88.68, registering a rise of 4 paise than its previous close.

RBI Deputy Governor Poonam Gupta highlights emerging markets' growth risks amid evolving policy frameworks and declining ...

The RBI MPC kept the repo rate unchanged at 5.50% and maintained the policy stance as ‘Neutral’. This marks the second consecutive pause following a cumulative 100 basis point (bps) rate cut earlier ...

The Indian rupee surrendered all of its intraday gains to end little changed on Friday as optimism over trade talks faded ...