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RBI Governor highlights exporters resilience amid an uncertain global trade environment
Governor, Reserve Bank of India, Sanjay Malhotra yesterday met in Mumbai with representatives of various Export Federations, Export Promotion Councils, Export Committee of Confederation of Indian Industry and Foreign Exchange Dealers' Association of India. In his address, the Governor highlighted significant contribution of exporters to India's economic transformation and commended their resilience amid an uncertain global trade environment and evolving geopolitical challenges. He underscored the importance of such engagements in understanding stakeholder concerns and facilitating informed policy formulation.
RBI Governor highlights resilience of exporters amid an uncertain global trade environment
Governor, Reserve Bank of India, Sanjay Malhotra yesterday met in Mumbai with representatives of various Export Federations, Export Promotion Councils, Export Committee of Confederation of Indian Industry and Foreign Exchange Dealers Association of India. In his address, the Governor highlighted significant contribution of exporters to Indias economic transformation and commended their resilience amid an uncertain global trade environment and evolving geopolitical challenges. He underscored the importance of such engagements in understanding stakeholder concerns and facilitating informed policy formulation.
Reserve Bank of India issues final rules on credit derivatives
The rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without any restrictions on purpose, while limiting the use of these instruments by non-resident users for hedging purposes.
Reserve Bank of India issues final rules on credit derivatives
The rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without any restrictions on purpose, while limiting the use of these instruments by non-resident users for hedging purposes.
Oil slide powers India's stock benchmarks to longest weekly winning run 7 months
Indian stock markets achieved their longest winning streak in seven months, with the Nifty 50 and BSE Sensex closing higher. Falling crude oil prices and measures to boost the rupee and attract foreign investment bolstered investor confidence. The Reserve Bank of India's stance against near-term rate hikes also supported sentiment, with the pharma and financial sectors showing notable gains.
Listed pvt firms return to double-digit sales growth in FY26, led by manufacturing rebound: RBI
Indian companies are back in the double-digit growth lane! The Reserve Bank of India reports that listed private non-financial firms saw sales jump 10.1% in FY26, a significant rebound. Manufacturing led the charge with 10.8% growth, driven by autos and food, while services also posted strong gains. However, input costs are rising for manufacturers.
Ruchit Jain of Motilal Oswal suggests AXIS Bank, Genus Power shares to buy for the short term
Indian equity benchmarks surged today, driven by falling crude oil prices and supportive comments from the RBI Governor. The Nifty 50 rose 0.95%, while the BSE Sensex gained 1.27%. However, the broader market remained weak, with smallcap and midcap indices declining.
Canada's Fairfax buys nearly $1 billion of Indian bonds in a rare move
The purchases by Fairfax India Holding Corp were made to bring capital into the country ahead of a potential deal to buy stake in government-owned IDBI Bank
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifies
Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attract dollars by absorbing currency hedging costs for banks, boosting FCNR(B) rates to 6-7.1%. The central bank also clarified rules for stand-by letters of credit and introduced a swap facility for external commercial borrowings, easing dollar hedging for businesses.
Canada's Fairfax Picks Up $1-Billion Indian Govt Bonds Amid Eye On IDBI Bank Stake: Report
India's recent move to exempt foreign investors in government bonds from capital gains tax reportedly helped make the investment attractive.
Vedanta Iron & Steel, Ola Electric, Groww, South Indian Bank shares: Expert outlines stock-specific approach - Business Today
Vedanta Iron & Steel, Ola Electric, Groww, South Indian Bank shares: Expert outlines stock-specific approachBusiness Today
IDFC First Bank share price falls over 2% amid weak sentiment in Indian stock market - Mint
IDFC First Bank share price falls over 2% amid weak sentiment in Indian stock marketMint