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

India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...

India’s central bank injected $5.10 billion through a foreign-exchange swap auction, using the tool for the first time in ...

MUMBAI (Reuters) - The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see ...

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 Reserve Bank of India, on Monday, announced a slew of measures to inject liquidity into the banking system. The central ...

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 Reserve Bank of India (RBI) on Friday said it has imposed penalties on Equitas Small Finance Bank and India Post Payments ...

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

The reserves rose by $5.58 billion in the reported week, the biggest increase in four months. They had fallen cumulatively by ...