“This landmark decision should not be viewed as a victory of one stakeholder over another,” Mistry…
Tag: Reserve Bank of India
At board meet, Noel Tata to push to keep Tata Sons private
Noel plans to argue that RBI’s Sept 11 letter requires Tata Sons to comply with rules…
UPI still free, but there’s a catch: How new MDR works & could cash payments make a comeback?
NPCI has introduced a 0.4% MDR on specified person-to-merchant (P2M) UPI transactions above Rs 2,000. NEW…
‘To strengthen UPI’s long-term sustainability’: RBI backs 0.4% MDR on transactions above Rs 2,000
The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW…
Hear us first if Tata Sons files any plea: RBI caveat in HC
MUMBAI: Anticipating a legal showdown with Tata Sons, Reserve Bank of India has lodged a caveat…
Indian Rupee: Rupee falls 0.4% to 95.96 against dollar, sharpest single-day drop in two months
File photo: A man walks past an Indian Rupee symbol installation at the Reserve Bank of…
In 2014, India’s forex reserves were just over $300 billion; 12 years later, amid US-Iran war, they hit a lifetime high of $785.71 billion after a record $44.9 billion weekly jump
Before the war began at the end of February, India’s foreign exchange reserves had already reached…
IPO set to unlock value in group companies holding Tata Sons stake
MUMBAI: Nine Tata companies – seven listed, two unlisted – hold 12.8% of Tata Sons. The…
RBI rejects Tata Sons’ bid to stay private, directs listing
RBI’s decision upends efforts by Noel Tata, chairman of Tata Trusts -Tata Sons’ majority shareholder -to…
India’s forex reserves surge record $44.9 billion to all-time high of $785.7 billion
The latest reserve build-up comes after a sharp turnaround in foreign-currency inflows following the RBI’s measures…