‘We are committed to ensuring financial stability’
We will do whatever is required first to maintain price stability and then to see to what extent we can support growth, says RBI Governor Sanjay Malhotra
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Brands see strong consumer appetite this festive season, indicate robust outlook despite war-led woes
Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted...
Man, 44, Says Divorce Settlement Ordered Him To Pay Off His Ex-Wife's $27,000 Credit Card Debt — He Feels Punished For A Marriage That's Already Over
A man, 44, finalized his divorce six months ago and learned the settlement assigns him responsibility for $27,000 in credit card debt his ex-wife accumulated...
The RBA faces a dilemma, but more rate hikes aren’t the solution
Markets think another rate rise this year is close to a sure thing. But given the economy’s already slowing, the RBA should sit on its hands for a while.
Unlicensed digital lenders denied right to pursue unpaid loans
Users of mobile phone-based micro-lenders have surged to over two million, from 200,000 in 2016.
Libya's central bank to inject 2 bln USD into market to support exchange rate stability
TRIPOLI, July 26 (Xinhua) -- The Central Bank of Libya on Sunday announced a set of measures to support exchange rate stability, including a 2-billion-U.S.-dollar...
Mobileye stock plummets following Amnon Shashua’s departure
Mobileye stock fell 15% after founder and CEO Prof. Amnon Shashua announced his resignation, despite the company reporting improved profitability.
The rupee requires more than reserves
A stable exchange rate ultimately depends on reducing India’s vulnerability to the twin shocks of a current account deficit and capital outflows. That requires...