Reserve Bank of India net sold $6.5 billion in August, shows data

The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......

Rupee set to hold ground against greenback till Dec

After depreciating 0.32 per cent against the dollar in October so far, the rupee is expected to hold ground against the greenback in the current quarter on the back of robust inflows.......

Rupee overvalued vs key currencies despite new lows against $

The rupee remains overvalued against the currencies of India’s trading partners, even as it hit record lows against the dollar in August and September. Illustration: Uttam Ghosh/Rediff.com......

RBI seen warming up for a neutral shift in stance

With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to “neutral” from......

Musheer suffers 'fracture in neck region'; out of Irani Cup

IMAGE: Musheer Khan was travelling with his father Naushad from Kanpur to Lucknow when he met with the accident. Photograph: Musheer Khan/Instagram Mumbai's young batting star Musheer Khan's is a......

No changes to India's winning squad for 2nd Test vs B'desh

IMAGE: The second Test will be played in Kanpur from September 27. Photograph: BCCI The national selectors on Sunday retained the Indian team, which hammered Bangladesh by 280 runs in the......

India host NZ, Bangladesh in packed home season

IMAGE: Another hectic home season beckons Rohit Sharma and Co. Photograph: BCCI The Board of Control for Cricket in India (BCCI), on Thursday, announced fixtures for the India's home schedule......

Bumrah rested for 4th Test; K L Rahul also ruled out

IMAGE: Jasprit Bumrah was rested for the fourth Test against England in Ranchi. Photograph: BCCI India's premier pace bowler and vice-captain Jasprit Bumrah was rested for the fourth Test match......