Representative image | Photo Credit: Reuters The rupee recovered 15 paise from its all-time low to 88.65 against the U.S. dollar on Wednesday (October 1, 2025), after the Reserve Bank Governor delivered a dovish pause, broadly in line with market expectations. RBI MPC meeting LIVE Reserve Bank of India (RBI) expectedly left its key interest…
“The export sector is a vital part of India’s economy,” said RBI Governor Sanjay Malhotra. File. | Photo Credit: Reuters The Reserve Bank on Wednesday (October 1, 2025) announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the U.S. administration on Indian shipments….
Representative image | Photo Credit: Reuters Benchmark indices Sensex and Nifty extended early gains and were trading significantly higher on Wednesday (October 1, 2025), helped by buying in bank stocks, after the Reserve Bank of India (RBI) kept its policy interest rate unchanged at 5.5% for the second consecutive time. RBI MPC meeting LIVE The…
Alongside, oil firms increased the price of commercial LPG used in hotels and restaurants by ₹15.50 per 19-kg cylinder. Commercial LPG now costs ₹1,595.50 in the national capital. File. | Photo Credit: ANI Aviation Turbine Fuel (ATF) prices were hiked by over 3% and commercial LPG rates by ₹15.50 per cylinder on Wednesday (October 1,…
Image for representation only | Photo Credit: Reuters Gold futures on Wednesday jumped ₹535 to a record ₹1,17,800 per 10 grams in domestic futures trade, tracking strong global cues as investors sought safe-haven assets after the U.S. government shut down, while weak labour data fuelled expectations of rate cuts by the U.S. Federal Reserve. On…
RBI Governor Sanjay Malhotra said permission has been granted to Authorised Dealer banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for cross-border trade transactions. File. | Photo Credit: Reuters In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday (October 1,…
Silver futures also posted strong advances | Photo Credit: iStockphoto Gold futures on Wednesday jumped ₹535 to a record ₹1,17,800 per 10 grams in domestic futures trade, tracking strong global cues as investors sought safe-haven assets after the US government shut down, while weak labour data fuelled expectations of rate cuts by the US Federal…
The Monetary Policy Committee (MPC), after a detailed assessment of the evolving macroeconomic conditions and the outlook, voted unanimously to keep the policy repo rate unchanged at 5.50%. Consequently, the standing deposit facility (SDF) rate remains at 5.25% while the marginal standing facility (MSF) rate and the Bank Rate remain at 5.75%. RBI MPC meeting updates on…
‘Indian economy continues to exhibit strength by registering a higher growth in Q1’ Governor Malhotra said that since the August policy meeting, significant developments on the domestic front, amid a fast-changing global economic environment, have altered the growth and inflation narrative in India. He stated, “Since the August policy meeting, significant developments on the domestic…
Indians are among the top investors in gold exchange-trade funds (ETFs) this year as their bet seems to be proving right with the precious metal gaining over 45 per cent so far in 2025. Data from the World Gold Council (WGC) show that India is the seventh largest investing nation in gold as of September…
