Rupee staged a recovery in early trade on Friday, rising 22 paise against the US dollar after opening on a weak note, with likely intervention by the Reserve Bank of India helping the domestic currency steady despite crude oil prices breaching the $100-a-barrel mark.The currency, which had ended 20 paise weaker at 96.73 on Thursday,…
Telangana chief minister A Revanth Reddy Hyderabad: Chief minister A Revanth Reddy on Saturday embarked on a crucial Mumbai and New Delhi tour that is expected to have significant political and administrative implications, with the Telangana govt weighing its response to the State Bank of India’s legal challenge to the auction of prime govt land…
Union finance minister Nirmala Sitharaman and state BJP functionaries participate in a Swaach Bharat programme organised to mark PM Narendra Modi completing 12 years in office, in Bengaluru on Sunday Bengaluru: Union finance minister Nirmala Sitharaman Sunday said the ongoing West Asia crisis and India’s dependence on import of three major commodities — crude oil…
MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank maintained…
