Bank of Baroda’s report highlights India’s resilience in handling current rupee challenges, citing strong macroeconomic fundamentals, controlled deficits, and robust foreign exchange reserves.
18 November,2024 08:44 AM IST | New Delhi
The caller identified themselves as the “CEO of Lashkar-e-Taiba” and abruptly ended the call after cryptically stating, “Close the back door; the electric car has broken down”
17 November,2024 12:04 PM IST | Mumbai | Faizan Khan
India’s real GDP expanded 6.7 per cent year-over-year in the second quarter of 2024
16 November,2024 07:34 AM IST | New Delhi | Agencies
SBI Research has stated that a rate cut by the RBI is unlikely in February 2025 due to persistent inflation. While inflation is expected to ease slightly from January, it will mainly be driven by base effects, not a significant reduction in price pressures.
13 November,2024 09:25 AM IST | New Delhi
Retail inflation breached the Reserve Bank’s upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices.
13 November,2024 08:15 AM IST | New Delhi | Agencies
Bank of Baroda projects India’s GDP growth at 6.9 percent for Q2 FY25, citing strong domestic demand and positive economic indicators. The festive season and increased government spending are expected to support sustained growth, though inflationary pressures may affect future policy decisions.
12 November,2024 12:37 PM IST | New Delhi
A report by DSP Asset Managers warns that a combined sell-off by foreign investors and rising crude oil prices could put significant pressure on India's Balance of Payments, which may lead to economic instability.
12 November,2024 10:32 AM IST | New Delhi
The Indian rupee fell by 2 paise to 84.40 against the US dollar, marking a new all-time low in early trade on Tuesday. Persistent foreign fund outflows and a stronger US dollar continue to pressure the currency.
12 November,2024 10:12 AM IST | Mumbai
The Indian rupee dropped to a record low against the US dollar amid speculation of Donald Trump’s potential return to the White House, sparking concerns of increased US fiscal spending and rising Treasury yields. Experts highlight the impact on global currencies as the dollar rallies.
06 November,2024 12:42 PM IST | New Delhi
The Indian Rupee only saw a slight depreciation in October, outperforming other global currencies facing sharp declines, according to a Bank of Baroda report. The report attributes the rupee's stability to India’s strategic market positioning and the robust dollar, with geopolitical and inflation factors likely to shape future trends.
05 November,2024 12:21 PM IST | New DelhiADVERTISEMENT
