[ad_1] India’s external account faces slowing foreign fund inflows — both in direct investment as well as portfolio flows — as a fallout of monetary tightening in the western economies. The ebbing fund flows are putting pressure on the local currency while the falling global crude prices and surging services Read more…
[ad_1] “I think we certainly need to understand the technology, we need to proceed cautiously on building out a rupee CBDC. Also, I think urgency to do it because there is a consumer demand at this point is simply not there,” says Raghuram Rajan, Former RBI Governor & Prof, University Read more…
[ad_1] Buoyant corporate sales, waning input cost pressures and rising investments in fixed assets are heralding the beginning of an upturn in the capex cycle in India that will speed up growth momentum in the economy, a Reserve Bank of India article said on Tuesday. The balance of risks is Read more…
[ad_1] Kolkata: The free fall in rupee is not a reflection of fundamentals of the Indian economy, which is well poised to attain its $5 trillion dollar goal in the next four to five years even as the global economy is facing headwinds at present, HDFC chairman Deepak Parekh said. Read more…
[ad_1] “ is now enjoying an all-time high trajectory, and the kind of momentum we have seen in today’s session clearly shows that now the stock can move higher towards 840-850 zone,” Rajesh Palviya, Head, Technical & Derivatives, Axis Securities Well, 17,000 has been scaled when it comes to the Read more…