Forex market interventions during surges in capital flows to contain the INR volatility lead to an increase in money supply or M3, which however is found to be neither inflationary nor elicit a policy rate response by the RBI, finds a research paper published by the Reserve Bank of India .
Tata Motors demerger, business split update: Shareholders to vote on May 6
Tata Motors will hold an equity shareholders meeting on May 6, 2025, to vote on restructuring its commercial and passenger vehicle businesses. The proposal includes