RBI Inquiries on Liquidity Spur Speculation of Action Next Week
India’s central bank has stepped up dialogue with traders at treasury desks this week about cash conditions in the banking system, according to people with knowledge of the matter, spurring ...
India's Q2 GDP Growth Likely Slowed On Weak Urban Spending
Economic activity, as measured by gross value added (GVA), was forecast to show a more modest 6.3% expansion compared with ...
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Kolkata: ED arrests father-son duo in Rs 2,800-cr chit fund ‘scam’ case
The Enforcement Directorate on Friday said it has arrested a father-son duo in Kolkata in an alleged Rs 2,800 crore worth chit fund scam linked money laundering case. A special Prevention of Money ...
Kolkata: ED arrests two promoters of Prayag group in chit fund scam
The Enforcement Directorate (ED) has arrested Basudeb Bagchi and Avi Bagchi, promoters of Prayag Group, in connection with a ...
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Trump’s policies are leading to high US bond yields, stronger USD. India must brace for volatile rupee
The rupee has been depreciating lately due to FPI outflows, dollar strength & weak corporate performance. The slide, however, ...