The RBI intervenes in the foreign exchange market from time to time to manage liquidity and curb excessive volatility in the rupee’s exchange rate. Such interventions are aimed at maintaining orderly market conditions rather than targeting a specific exchange rate level.

 Currently, strategic investors contribute 5–25% of the total offer size ahead of public issuance, but the definition is narrow and excludes entities like pension funds and insurance firms.

Exports of spices and spice products to the US in value terms stood at $711 million during 2024-25, up 15 per cent over the previous year’s $619.29 million

MD & CEO N Kamakodi said post-Covid challenges are now behind, and the bank is on a steady growth path

Will try to live with the slight tariff advantage of about 6% that many competitors have for now, say exporters

Tata Steel MD TV Narendran highlighted policy change, which has expedited projects and helped in improving cost management

Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, production volumes helped them beat expectations. Exxon's production was the ...more

Donald Trump has urged the Federal Reserve's board to take control of monetary policy from Jerome Powell, criticizing Powell's 'stubborn' stance on interest rates. Trump advocates for substantial rate cuts to stimulate growth, citing we ...more

Despite the revenue growth, the net profit for the quarter (attributable to the owners) declined 4% year-on-year to ₹303 crore from ₹316 crore a year ago

Over the past 12 weeks, operations in India have seen improved volume stability, says Unilever

Import of coal mainly consists of essential import like coking coal and higher grade non-coking coal as their domestic production is limited due to either scarce reserves or non-availability