MUMBAI, Oct 17 (Reuters) – The RBI (Reserve Bank of India) sold U.S. dollars through state-run banks before the spot market opened on Friday, traders said, repeating its midweek pre-market intervention and underscoring its intent to support the rupee. The RBI’s intervention
WASHINGTON/NEW DELHI, Oct 16 (Reuters) – The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday. However, Indian sources said the cut was
Mumbai, Oct 17 (PTI) The rupee appreciated 21 paise to 87.75 against the US dollar in early trade on Friday, supported by a softer American currency against major currencies and likely intervention by the Reserve Bank of India. Forex traders said renewed
Mumbai, Oct 17 (PTI) Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday, helped by foreign fund inflows and hopes of US Fed rate cuts. The 30-share BSE Sensex dropped 261.58 points to
