RBI's forex reserves fell $113.5 million for the week ended Aug 7 to $353.35 billion The recent devaluation of the yuan has led to a weakness in the rupee against the dollar. There are......
It is felt the rupee will sustain its recent gains, as foreign investors continue to pour in funds. Experts say India is better placed than other emerging markets, as the Bharatiya Janata......
Expectations of a sovereign rating upgrade are set to see the rupee rise. Currently, Standard & Poor’s has a ‘BBB’ rating on India, the lowest in the investment grade, with a......
Reserve Bank's decision to maintain a status quo on interest rates has been influenced by external sector considerations, specially widening current account deficit, Chairman of Prime Minister's......
Economists caution that the underlying cause could be an alarming drop in demand -- something that’s not good for economic growth. Economists are not enthused about the trade surplus......
Former president Sharad Pawar may have made a comeback in the Mumbai Cricket Association after being elected unopposed on Friday, but the Union Minister for Agriculture announced that he has no......