MUMBAI, Jan 7 (Reuters) – The Indian rupee logged its biggest one-day gain in more than a month on Tuesday as the dollar dipped towards a one-week low, boosting regional currencies, while foreign banks’ dollar sales also helped. The rupee closed up
MUMBAI, Aug 20 (Reuters) – Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the RBI (Reserve Bank of India) said on Tuesday. “Young Indians are aspirational. They
MUMBAI, Aug 20 (Reuters) – The Indian rupee rose slightly on Tuesday but continued to underperform its Asian peers which have rallied to multi-month highs in anticipation of a U.S. rate cut next month. The rupee is the worst performing Asian currency
NEW DELHI, July 31 (Reuters) – Indian Prime Minister Narendra Modi, smarting from setbacks in the April-June general election, is now being berated for last week’s budget by the country’s swing voters, the middle class, putting his party on the defensive ahead
New Delhi [India], July 22 (ANI): As the BJP’s key ally in the National Democratic Alliance (NDA), JD (U) demanded a special category status for Bihar, Minister of State for Finance Pankaj Chaudhary, in a written reply, said that special status cannot