RBI parachute gives falling rupee a glide path to avoid 84/$ breach

September 11, 2024

The Reserve Bank of India has been actively intervening in the currency market to prevent the rupee from breaching the 84 per dollar mark. This strategy involves selling and purchasing dollars to maintain exchange-rate stability amid a broader trade deficit and global economic uncertainties.

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Nithin Kamath slams ‘Dark Patterns’ in finance apps, tells how Zerodha remains clean

Zerodha CEO Nithin Kamath criticized financial apps for using manipulative ‘dark patterns’ that mislead users into actions not in their best interest. He emphasized Zerodha’s

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Settlement scheme for NSEL’s brokers to open from Aug 25: Sebi

Markets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform, will open

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