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.
While Maruti Suzuki continues to dominate in the domestic passenger vehicle market, Hyundai has reclaimed the second position in July's retail sales, staying ahead of Tata Motors and Mahindra, who were right behind, as per Vahan data.
The market sell-off was broad-based, with 2,718 stocks declining against just 1,297 advances on the BSE
Prime Minister Narendra Modi will release the 20th installment of the PM-KISAN scheme on August 2 during his visit to Varanasi. Along with this, he will launch several development projects related to health, education, tourism, sports, and connectivity in the city.
According to the rating agency, the upward revision was based on the improvement in the bank’s risk profile and asset quality among others
In June, a total of 18.40 billion transactions amounting to ₹24.04 lakh crore were conducted using UPI
Domestic GST collection stood at ₹1.43 lakh crore with a modest 6.7% rise, but after higher refunds—up 117%—net domestic revenue showed a rare year-on-year decline
Google loses antitrust appeal in Epic Games case; court upholds ruling calling Play Store a monopoly, paving way for major shakeup.
There has been no major structural change in the regulation despite the market having evolved and developed multi-fold
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