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Read more about Reserve bank s special credit window for hotels, salons starts Monday on Business Standard. The facility will be open till March 31, 2022, said an RBI statement. ....
Read more about Market trades with modest losses; metal stocks rise for third day on Business Standard. The key equity indices were trading with modest losses in mid-afternoon trade. Metal shares extended recent gains. The Nifty was trading tad above the 15,650 mark. ....
Read more about Rupee depreciattes 16 paise to 73.07 against US dollar in early trade on Business Standard. The Indian rupee slumped 16 paise to 73.07 against the US dollar in opening trade on Friday after the Reserve Bank kept policy rates unchanged for the sixth time in a row ....
The key equity indices reversed gains and slipped into the negative terrain in mid-morning trade. The Nifty held above the 15,700 mark. The RBI maintained status quo with respect to key policy rates in its latest monetary policy announced today. IT shares rose for second day. At 11:24 IST, the barometer index, the S&P BSE Sensex, was down 141.16points or 0.27% to 52,091.27. The Nifty 50 index added 36.65 points or 0.23% to 15,653.70. The Nifty hit a record high of 15,733.60 in morning trade. In broader market, the S&P BSE Mid-Cap index gained 0.06% while the S&P BSE Small-Cap index rose 0.42%. The market breadth was positive. On the BSE, 1635 shares rose and 1262 shares fell. A total of 149 shares were unchanged. ....
Read more about Forex reserves surge $5.27 bn to lifetime high of $598.16 bn: RBI data on Business Standard. In the previous week ended May 21, 2021, the reserves had increased by $2.865 billion to $592.894 billion ....