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Representative image | Photo Credit: Reuters Benchmark indices Sensex and Nifty extended early gains and were trading significantly higher on Wednesday (October 1, 2025), helped by buying in bank stocks, after the Reserve Bank of India (RBI) kept its policy interest rate unchanged at 5.5% for the second consecutive time. RBI MPC meeting LIVE The…
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RBI Governor Sanjay Malhotra said permission has been granted to Authorised Dealer banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for cross-border trade transactions. File. | Photo Credit: Reuters In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday (October 1,…
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Washington is bracing for what could be a prolonged Federal shutdown after lawmakers deadlocked and missed the deadline for funding the government. Republicans supported a short-term measure to fund the government generally at current levels through November 21, but Democrats blocked it, insisting the measure address their concerns on health care. They want to reverse…
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