Indian Stock Market Opens Lower As Selling Persists Across Sectors
Market sentiment remained negative, as 1,657 stocks were in the red, compared to 559 in the green. Experts noted that November’s CPI inflation of 5.48% is within the RBI’s target range.
Sanjay Malhotra Appointed As RBI Governor; Replaces Shaktikanta Das
The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.
RBI Leads Global Surge In Central Bank Gold Purchases With 27-Tonne Addition In October
Central bank gold purchases surged to 60 tonnes in October, with theRBI leading the way by adding 27 tonnes, according to the WGC.
Bulls Take Charge Of Dalal Street, Sensex Zooms 809 Points Before MPC Announcement
Frontline equity indices closed in the green on Thursday after a volatile trading session, driven by strong buying in IT stocks. Investors showed optimism ahead of RBI monetary policy decision.
Indian Stock Market Ends In Green, All Eyes On RBI’s MPC decision
The domestic benchmark equity indices ended in the green on Wednesday, driven by buying activity in the PSU bank and realty sectors.
RBI Reports 98.04% Of Rs 2000 Banknotes Returned Since Withdrawal Announcement
The RBI provides facilities to exchange Rs 2000 banknotes at its 19 Issue Offices. This service has been available since May 19, 2023
India’s CPI Inflation Jumps To 5.49% In September Due To Weather And High Base Effect
The Consumer Food Price Index (CFPI) showed inflation at 9.24% for September. Urban housing inflation increased to 2.78%, up from 2.66% in August
Sensex Rises Ahead Of RBI MPC Decision
Indian equity indices were trading higher on Wednesday as investors awaited the monetary policy announcement from the Reserve Bank of India (RBI). At 9:48AM, the Sensex was up 251 points, or 0.31 percent, reaching 81,873. Meanwhile, the Nifty gained 81 points, or 0.34 percent, to reach 25,097. Market sentiment remained positive ahead of RBI MPC …
India’s Foreign Exchange Reserves Cross $700 Billion For First Time
India joins China, Japan, and Switzerland as the only countries to cross the $700 billion threshold in foreign reserves.
RBI Bulletin Sees Revival In Rural Consumption, Boost To Private Sector Investment
RBI monthly bulletin has expressed optimism about India's economic prospects, citing a revival in rural consumption.
