INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The rupee on Friday opened 8 paise up at 72.52 against the US dollar on account of selling of American currency by banks and
The local currency on Thursday ended almost flat at 72.60 against the American currency
The Reserve Bank of India (RBI) on Thursday allowed banks to consider a further 2 per cent of their treasury holdings as high-quality
liquid assets (HQLAs) under the Basel-III calculations, potentially releasing up to Rs 2 lakh crore and soothing a market jittery about
The government on Wednesday raised import duties on 19 non-essential items in a bid to check the widening current account deficit and
tackle a sharp slide in the rupee.
Meanwhile, the Reserve Bank of India allowed banks to dip further into statutory cash reserves in a bid
to ease a liquidity squeeze afflicting the nation's money markets.
The latest move by the central bank follows concerns engulfing the
non-banking financial companies (NBFCs) over tight liquidity conditions.
Meanwhile, domestic equity markets opened in the green following
The BSE Sensex opened 129 points, or 0.35 per cent, up at 36452.74, while the NSE Nifty index opened 30.55 points, or 0.28 per cent, up
