MUMBAI, Jan 9 (Reuters) – The Indian rupee weakened to its lifetime low on Thursday as the dollar strengthened on the back of expectations of slower-than-anticipated rate cuts by the Federal Reserve as well as uncertainty about the incoming U.S. President’s policies.
NEW DELHI, Feb 1 (Reuters) – Finance Minister Nirmala Sitharaman promised economic reforms to drive growth in a speech on the government’s budget on Thursday, the last before a national election due by May. India’s economy, the fastest growing among major nations,
BENGALURU, Feb 1 (Reuters) – Shares of Indian payments firm Paytm, opens new tab tumbled 20% on Thursday, after a move by the country’s financial regulator to halt business at associate Paytm Payments Bank sparked fears of hits to the company’s profitability
BENGALURU, Jan 31 (Reuters) – The RBI (Reserve Bank of India) on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its services, due to supervisory concerns. An audit report revealed “persistent non-compliances and continued material supervisory concerns
NEW DELHI, Jan 31 (Reuters) – India has cut the import duty on some parts used for manufacturing of mobile phones to 10% from 15%, a move benefiting companies like Apple, opens new tab and Xiaomi, opens new tab in manufacturing in
