The USD/INR exchange rate is loitering near its all-time high as the US dollar index plunges and the market waits for the upcoming Reserve Bank of India (RBIA) interest rate decision. The pair was ...

At the interbank foreign exchange, the rupee opened at 85.97 against the greenback before inching up to 85.92 – the same ...

The Reserve Bank of India (RBI) surprised everyone on Friday by announcing a sharper-than-expected cut in interest rates. This decision had an immediate impact on the financial markets, including ...

The Reserve Bank of India (RBI) is set to cut its main policy rate on Feb. 7 followed by just one more cut next quarter, according to economists polled by Reuters, who have kept their views ...

A strong majority of economists, 53 of 61, in a May 19-28 Reuters poll expected the RBI to cut the repo rate to 5.75% at the conclusion of its June 4-6 meeting.

India Business News: The Reserve Bank of India (RBI) is anticipated to reduce its benchmark rate by 25 basis points for the third consecutive time, maintaining a supportiv ...

After Friday’s decision, the repo rate now stands at 5.5%, the lowest it has been since August 2022 when it was at 5.4%.

The Reserve Bank of India cut the repo rate by 50 basis points to 5.50%. This was the third straight rate cut, leading to a cumulative reduction of 100 bps since the easing cycle began in February.

The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.

Retail inflation declined to over a six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of ...