RBI rate cut to help rupee: Indranil Sen Gupta

The Reserve Bank of India (RBI) in its mid-quarter monetary policy review has retained CRR and repo rates. It has kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4% of their net demand and time liabilities. Meanwhile, the policy repo rate ...

High retail inflation and a weak rupee could keep the central bank from announcing the fourth consecutive rate cut since January this year, goes the median expectation in a dna poll. Nine out of 15 economists and bankers polled expect the Reserve ...

The sudden depreciation of the rupee, which took it to its lowest ever level of Rs 58.98 against the US dollar on 11 June, has unnerved the market participants. However, most experts believe that the worst is over and that the rupee may start ...

The fall in the value of the rupee has weakened the chances of your home loan EMIs coming down. How? Because Reserve Bank of India Governor D Subbarao may be unwilling to cut interest rates, as the fall in the rupee will fan inflation by knocking up ...

The fall in the value of the rupee has weakened the chances of your home loan EMIs coming down. How? Because Reserve Bank of India Governor D Subbarao may be unwilling to cut interest rates, as the fall in the rupee will fan inflation by knocking up ...

Some feel it is still overvalued due to inflation, CAD. After trading in uncharted territory for most of the day, the rupee plunged to 58.14 per dollar, its lifetime low. That's a depreciation of Rs1.07, or 1.88%, the biggest intra-day decline ...

After hitting all time low today, the rupee is expected to weaken further from current level as in June. The weakening is expected due to factors like Foreign Institutional Investors (FIIs) pulling out from domestic markets, heavy dollar demand from ...

India plans to further relax rules for overseas investors buying sovereign debt in a bid to boost capital inflows as the rupee fell to a record, said two finance ministry officials with direct knowledge of the matter. The government may scrap the ...

meena banerjee presents her weekly update Budding maestro Anirban Dasgupta, son and disciple of renowned sarod maestro Padmabhushan Buddhadeb Dasgupta, straddles parallel careers like his father did. A USA-based engineer at present, his inherent ...