India's finance ministry has approved a 200 billion rupee ($2.14 billion) credit guarantee scheme for microfinance firms to address mounting stress in the sector, a document issued by the National ...
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Rupee hits new low; dwindling forex reserves and dollar surge fuel currency crisis: Naveen Mathur
India's rupee hit a record low as forex reserves fell to a three-year low, covering only 8.7 months of imports. High crude oil prices and a surging US dollar are intensifying pressure on the currency.
Gold-backed lending, a billion-dollar industry, is reshaping India’s retail credit landscape and drawing global investors to ...
INR-USD fell to an intraday low of 92.48, surpassing its previous record close of 92.45 set last Friday, even as RBI stepped in to arrest the slide.| Business News ...
The Reserve Bank of India’s recent defense of the rupee is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts to scale back future intervention.
Also in today’s newsletter: top hedge fund says problems in private credit worse than Wall Street admits and Jensen Huang’s ...
Former RBI Deputy Governor Michael Patra advocates for India to build foreign exchange reserves to at least $1 trillion. This ...
(UNI SPECIAL) <br />Akshata and R Sreejith Varma <br />New Delhi, Mar 17 (UNI) Artificial intelligence (AI) has emerged as a pivotal force in reconfiguring India''s educational landscape, enhancing ...
Artificial intelligence (AI) has emerged as a pivotal force in reconfiguring India’s educational landscape, enhancing pedagogy, boosting classroom effectiveness, and contributing to national ...
Boardrooms have learned to speak a new language: sanctions, supply chains, semiconductors, and “weaponized interdependence.” What used to be the domain of niche scholars has become the grammar of ...
We think of it as a parallel economy, but it isn’t. It’s twisting housing prices out of shape, driving luxury goods markets. Are you really upper-middle-class? Find out.
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