The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...

India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...

The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...

DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a ...

Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world's fifth-largest economy and ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

The central bank is trying to address a market problem in which it too has played a significant role. The episode’s lesson is ...

India's economic growth has slowed, with GDP dropping to 5.4%. Economists stress the need for urgent policy changes, ...

While gross non-performing assets (GNPAs) declined to a 12-year low of 2.6%, the survey highlighted growing concerns over ...