foreign exchange
Exports to rebound in 2020 but growth to remain subdued
Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.
RBI report on development of secondary market for corporate loans likely by next month
RBI is also likely to release another report on housing finance securitisation by August-end.
Current account deficit inches up to 2.1 pc but more than halves in Q4
Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for the full year.
Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study
India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore annually.
Taking steps to reduce costs, enhance margins: Maruti Suzuki
The company will carry on with internal efforts without worrying about external factors like foreign exchange rates, MSI CFO Ajay Seth said.
RBI to inject liquidity worth USD 5 billion into system
Under the swap auction, minimum bid size would be USD 25 million and in multiples of USD 1 million thereafter.
Forex reserves rise by USD 150 million to USD 398.3 billion
The overall reserves had surged by USD 2.11 billion to USD 398.122 billion.
First time in FY19, RBI becomes net buyer of dollars in Dec
The central bank bought USD 837 million and sold USD 230 million in the spot market during the reporting month.
India, Japan sign USD 75 billion currency swap agreement
A move will help in bringing greater stability in foreign exchange and capital markets in the country.
Rupee gains 8 paise to 73.24 against US dollar in early trade
Weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the rupee.