'RBI's whatever-it-takes approach insulated teconomy'

'A strong foreign exchange reserve is the best safety net against global spillovers.' Photograph: Altaf Hussain/Reuters   "The pandemic crashed government revenues last year," Reserve Bank of......

No respite for banks; NPAs seen to rise in first half of 2021

Asset quality of banks, which saw some improvement in the second half of 2020, is likely to worsen during the first six months of 2021, according to a survey. Illustration: Dominic......

Sensex jumps 117 points, Nifty ends at 14,924.25

SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI......

Interest rates on hold, RBI promises enough liquidity for huge govt borrowing

The Reserve Bank of India (RBI) on Friday kept interest rates on hold while assuring to maintain support for reflating the economy by ensuring ample liquidity to manage the government's near-record......