Rexit

The rupee on Wednesday ended at a two-week high of 64.83 against the US dollar following US inflation data and the 'Rexit'. For Thursday, US retail sales data - which have fallen for the third straight month, may guide the US dollar movement and in turn, affect the domestic currency, said experts. The rupee traded almost flat in most part of the da...

US President Donald Trump Tuesday announced he was firing Rex Tillerson, capping months of speculation the secretary of state was on the verge of being pushed out.

Stubbornly high food prices mean Reserve Bank of India Governor Raghuram Rajan is unlikely to make a valedictory rate cut at his final policy review before stepping down on September 4.

India should quickly put in place a monetary policy committee (MPC) to institutionalise decision-making on interest rates and keep the focus on controlling inflation, outgoing Reserve Bank of India Governor Raghuram Rajan said on Monday.

Belying earlier speculation, market benchmark Sensex has gained almost 3.5 per cent in one month after RBI Governor Raghuram Rajan's decision against a second term, a report said.

As controversy continues to rage over the exit of Raghuram Rajan as the Reserve Bank Governor, former finance minister P Chidambaram has told NDTV he believes Mr Rajan had every right to speak out on issues that weren't strictly within his brief.

BJP lawmaker Subramanian Swamy, whose recent posts on social media have scripted a-controversy-a-day for the ruling BJP, declared today that there would be fewer tweets from him for now.

The BSE Sensex could dive to 22,000 levels by end of the current fiscal year, owing to adverse global developments following Britain's exit from the European Union, according to a report by financial services firm Ambit Capital.

Dismissing doomsday theories, industry body CII on Wednesday said the exit of RBI Governor Raghuram Rajan will not cause a panic reaction as the Indian economy is very strong and robust.

Taking a dig at those writing his "obituaries", Reserve Bank of India Governor Raghuram Rajan on Wednesday said he will be around "a lot in India" even after leaving the central bank and should not be written off as yet.

Also on the list of possible successors is Economic Affairs Secretary Shaktikanta Das and a trio of former or serving deputy central bank governors: Rakesh Mohan, Subir Gokarn and Urjit Patel.

Domestic institutions including state-run behemoth Life Insurance Corporation (LIC) saved the day for Indian markets on Monday, as overseas investors pressed the sell button amid 'Rexit' jitters to take out over Rs 2,837 crore from Indian markets - the highest single-day outflow so far this fiscal year.

Suggesting that Reserve Bank as an institution will not be impacted by Governor Raghuram Rajan's departure, the economic research wing of SBI has termed all other discussion surrounding his decision as "speculative and nonsense".

The outgoing central bank governor Raghuram Rajan urged his successor on Monday to "stay the course" on pushing down inflation, in his first comments since he announced he was stepping down.

Domestic institutional investors were seen shoring up shares on Monday with purchase worth over Rs 2,100 crore as foreign investors turned jittery with sales worth more than Rs 3,065 crore amid concerns over Reserve Bank of India Governor Raghuram Rajan's decision against a second term.

The rupee on Wednesday ended at a two-week high of 64.83 against the US dollar following US inflation data and the 'Rexit'. For Thursday, US retail sales data - which have fallen for the third straight month, may guide the US dollar movement and in turn, affect the domestic currency, said experts. The rupee traded almost flat in most part of the da...

US President Donald Trump Tuesday announced he was firing Rex Tillerson, capping months of speculation the secretary of state was on the verge of being pushed out.

Stubbornly high food prices mean Reserve Bank of India Governor Raghuram Rajan is unlikely to make a valedictory rate cut at his final policy review before stepping down on September 4.

India should quickly put in place a monetary policy committee (MPC) to institutionalise decision-making on interest rates and keep the focus on controlling inflation, outgoing Reserve Bank of India Governor Raghuram Rajan said on Monday.

Belying earlier speculation, market benchmark Sensex has gained almost 3.5 per cent in one month after RBI Governor Raghuram Rajan's decision against a second term, a report said.

As controversy continues to rage over the exit of Raghuram Rajan as the Reserve Bank Governor, former finance minister P Chidambaram has told NDTV he believes Mr Rajan had every right to speak out on issues that weren't strictly within his brief.

BJP lawmaker Subramanian Swamy, whose recent posts on social media have scripted a-controversy-a-day for the ruling BJP, declared today that there would be fewer tweets from him for now.

The BSE Sensex could dive to 22,000 levels by end of the current fiscal year, owing to adverse global developments following Britain's exit from the European Union, according to a report by financial services firm Ambit Capital.

Dismissing doomsday theories, industry body CII on Wednesday said the exit of RBI Governor Raghuram Rajan will not cause a panic reaction as the Indian economy is very strong and robust.

Taking a dig at those writing his "obituaries", Reserve Bank of India Governor Raghuram Rajan on Wednesday said he will be around "a lot in India" even after leaving the central bank and should not be written off as yet.

Also on the list of possible successors is Economic Affairs Secretary Shaktikanta Das and a trio of former or serving deputy central bank governors: Rakesh Mohan, Subir Gokarn and Urjit Patel.

Domestic institutions including state-run behemoth Life Insurance Corporation (LIC) saved the day for Indian markets on Monday, as overseas investors pressed the sell button amid 'Rexit' jitters to take out over Rs 2,837 crore from Indian markets - the highest single-day outflow so far this fiscal year.

Suggesting that Reserve Bank as an institution will not be impacted by Governor Raghuram Rajan's departure, the economic research wing of SBI has termed all other discussion surrounding his decision as "speculative and nonsense".

The outgoing central bank governor Raghuram Rajan urged his successor on Monday to "stay the course" on pushing down inflation, in his first comments since he announced he was stepping down.

Domestic institutional investors were seen shoring up shares on Monday with purchase worth over Rs 2,100 crore as foreign investors turned jittery with sales worth more than Rs 3,065 crore amid concerns over Reserve Bank of India Governor Raghuram Rajan's decision against a second term.