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The Reserve Bank of India's special swap facility attracted record foreign currency deposits, driving the rupee up by 47 paise against the US dollar.
Indian equity markets faced a sharp decline on Wednesday as escalating conflict in West Asia fueled concerns over global energy supplies.
The Indian Rupee closed at 95.39 against the US Dollar on August 28 after the Reserve Bank of India intervened through dollar sales.
Financial experts suggest that strategic EPF contributions and compounding can help salaried employees build a retirement fund of ₹4 crore over their career.
The Indian government has announced a ₹2.5 lakh crore ceiling for the ECLGS 5.0, aiming to provide liquidity to MSMEs while maintaining fiscal limits.
The Indian government has announced a ₹30,000 crore buyback of government securities through the Reserve Bank of India to manage liquidity.
Hero MotoCorp is set to increase its stake in electric vehicle manufacturer Ather Energy to 32.8%.
India's industrial production growth moderated to 6.7% in July as manufacturing and mining sectors showed signs of cooling.
India's foreign exchange reserves jumped by $12.4 billion to reach a historic high of $729.3 billion, significantly strengthening the central bank's market intervention capacity.
Indian equity markets bounced back on Friday as a rally in major IT stocks like TCS and Infosys snapped a two-day losing streak.
The Reserve Bank of India will hold Variable Rate Reverse Repo auctions on August 28 to absorb excess cash from the banking system.
India is launching a ₹11,700 crore incentive scheme to boost domestic battery part manufacturing and reduce its strategic reliance on Chinese imports.
The Reserve Bank of India reports strong economic growth despite global risks, while industry bodies warn against new curbs on NBFC revolving credit.
The Nifty closed the August series up 1.5%, reclaiming the 24,300 mark amid late-session buying and positive macro indicators.
Indian equity indices Sensex and Nifty closed lower as geopolitical tensions and rising crude oil prices weighed on investor sentiment.
L&T secures a major gas compression project worth ₹15,000 crore in West Asia, marking a significant achievement in its international operations.
The government has approved 31 proposals under the Electronics Components Manufacturing Scheme totaling ₹7,877 crore, promising significant production and job creation.
Colgate-Palmolive India collaborates with Bombay Shaving Company to enhance its D2C and e-commerce strategy for the Palmolive brand.
RBI maintains repo rate at 5.25%, signaling stability in economic growth and inflation outlook.
Indian stock markets fell on August 17 as global geopolitical tensions influenced investor sentiment, with Sensex and Nifty both closing lower.