Highest liquidity gap in decade spurs speculation about RBI hand
The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was Rs 3.3 trillion ($38.2 ...
Market Wrap: Pharma, auto stocks drag D-St lower; Sensex skids 330 pts, Nifty below 23,100
Indian benchmark indices closed in the red on Friday, reversing early gains as concerns over a potential slowdown in ...
Rupee logs biggest weekly gain in more than a year, but underperforms peers
The dollar/rupee forward premiums, meanwhile, extended declines this week, as the Reserve Bank of India conducted buy/sell ...
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Tata Electronics Acquires Majority Stake in Pegatron Technology India
Tata Electronics has acquired a controlling 60% stake in Pegatron Technology India, strengthening its position in India's ...