RBI Governor Shaktikanta Das clarified the central bank’s position on a comfortable USD-INR level in the face of a rapidly-declining INR. He said the RBI has “no fixed exchange rate in mind”. The Ind
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Germany's government announced that it will plough up to €200 billion to help consumers and businesses cope with rising energy prices. The announcement came as inflation soared to a 20-year high of 1
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In a fourth straight hike in repo rate in last five months, the Reserve Bank on Friday hiked the key policy rate at which it lends to banks by another 50 basis points (bps). The repo rate has gone up
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India's fiscal deficit for the April-August period of the current fiscal touched Rs 5.42 lakh crore or 32.6 percent of annual estimates, government data showed on Friday. In the corresponding five-mo
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The union government has finalised a borrowing programme worth Rs 14.21 lakh crore for the ongoing fiscal, the finance ministry said in a statement on Thursday. The projected amount of the gross marke
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Union Road Transport & Highways Minister Nitin Gadkari said the government will implement the proposal to fix all passenger cars in the M-1 category with airbags from October 1, 2023. “Safety of
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