The Indian rupee recovered 15 paise from its all-time low against the US dollar after the Reserve Bank of India cut the repo rate by 25 basis points. The rupee closed at 87.44 on Friday.

The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to ...

The Reserve Bank of India's interest rate cut of 25 basis points after almost five years comes close on the heels of the ...

The rupee recovered 15 paise from its all-time low closing level to 87.44 (provisional) against the U.S. dollar on Friday ...

Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI's rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows ...

Two new IPOs will open for subscription. India, US inflation and US Fed’s testimony are key data and events to track ...

MUMBAI (Reuters) – The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish economy and sees inflation easing ...

The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...

The rupee had declined to its all-time low of 87.5825 on Thursday after breaching the 87 handle on Monday, following the ...

Indian shares ended slightly lower on Friday as the Reserve Bank of India (RBI) reduced its key interest rates for the first time in ...

The RBI has announced the launch of exclusive internet domains, 'bank.in' for Indian banks and 'fin.in' for non-bank ...

The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...