RBI bulletin says economy on recovery path
The New Indian Express Kalaburagi|December 25, 2024
IN a bid to support a falling rupee, which lost as much as 125 paise between October 10 and December 24 when it closed at 85.207, the Reserve Bank on Tuesday said it has net sold $9.28 billion on the spot foreign exchange market in October.
ENS ECONOMIC BUREAU @ Mumbai

The net outstanding forward sale stood at $49.18 billion in October as compared to the net sale of $14.58 billion in September.

The RBI said in the monthly bulletin that it had purchased $27.5 billion and sold $36.78 billion during October. As against this, the central bank has bought a net of $9.64 billion in the spot market in September.

Denne historien er fra December 25, 2024-utgaven av The New Indian Express Kalaburagi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 25, 2024-utgaven av The New Indian Express Kalaburagi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE NEW INDIAN EXPRESS KALABURAGISe alt
The New Indian Express Kalaburagi

MARKET MECHANISM DEBATE: ARTICLE 6 KEY TO EMISSIONS REDUCTION

The 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, concluded amid widespread disappointment and criticism.

time-read
2 mins  |
December 28, 2024
The New Indian Express Kalaburagi

MARKET MECHANISM DEBATE: 6 KEY TO EMISSIONS REDUCTION

The 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, concluded amid widespread disappointment and criticism.

time-read
2 mins  |
December 28, 2024
The New Indian Express Kalaburagi

Olympic heartbreak and no net gain for badminton

The ever-reliable discipline for India, in terms of providing the thrill & medals at elite competitions, endured a difficult year with some of the top shuttlers struggling for form, writes Anmol Gurung. Missing out on a medal in Paris was a new low...

time-read
3 mins  |
December 28, 2024
The New Indian Express Kalaburagi

Mohammedan play out goalless draw vs Odisha

MOHAMMEDAN SC held Odisha FC to a goalless draw at the Kishore Bharati Krirangan in the Indian Super League (ISL) on Friday to break their five-game-long losing streak in the competition.

time-read
1 min  |
December 28, 2024
The New Indian Express Kalaburagi

Smith regains midas touch

IN many ways, it was coming. From the moment he got that century in Brisbane, Steve Smith seemed like he was going to pile on.

time-read
3 mins  |
December 28, 2024
The New Indian Express Kalaburagi

Six minutes of chaos for India

ASHASVI Jaiswal turned around and looked at Virat Kohli as Alex Carey took the bails off at the striker's end.

time-read
3 mins  |
December 28, 2024
The New Indian Express Kalaburagi

No Extra Pressure for Slot as Liverpool Win

ARNE Slot insists Liverpool's commanding position at the top of the Premier League table has led to no extra strain during his first season in charge at Anfield.

time-read
1 min  |
December 28, 2024
The New Indian Express Kalaburagi

Osamu Suzuki, architect of India's automobile revolution, dies at 94

OSAMU SUZUKI, chairman of Suzuki Motor Corp (SMC), passed away from lymphoma on Wednesday, December 25, 2024, the company announced in a statement on Friday. He was 94.

time-read
1 min  |
December 28, 2024
The New Indian Express Kalaburagi

RBI Allows UPI Access via Third-Party Payment Apps

The Reserve Bank on Friday allowed the popular unified payments interface (UPI) access to prepaid payment instruments (PPIs) through third-party applications, making it easier for users to link their digital wallets to UPI-enabled apps.

time-read
1 min  |
December 28, 2024
The New Indian Express Kalaburagi

Manmohan Singh: The silent Prime Minister or a humane economist?

EXPECTATIONS of Dr Manmohan Singh, the trailblazer of India's new economic policy, is no more. Economists around the world remember him for his brilliance and humility, and predominantly for his role in opening up the state-controlled Indian economy, when he was appointed Finance Minister of India in 1991.

time-read
2 mins  |
December 28, 2024