NEW DELHI, Jan 8 (Reuters) – State-run Indian Railways has spent more than $22 billion so far in the current fiscal year, focusing on projects to expand capacity and deliver faster and safer travel to passengers, the government said on Wednesday. The
MUMBAI, Nov 16 (Reuters) – The Indian rupee is expected to open lower on Thursday after U.S. retail sales fell less than expected, helping the dollar recover from a plunge fuelled by softer-than-expected inflation data. Non-deliverable forwards indicate rupee will open at
MUMBAI, Nov 9 (Reuters) – India is vulnerable to “recurring and overlapping” food price shocks despite the recent moderation in inflation, the governor of the Reserve Bank of India (RBI) said on Thursday. “In these circumstances, monetary policy remains watchful and actively
New Delhi [India], November 8 (ANI): Opposition leader in the Lok Sabha Adhir Ranjan Chowdhury on Wednesday took a jibe at Prime Minister Narendra Modi regarding the demonetisation exercise done by the incumbent government back in 2016. Taking to his X timeline
BENGALURU, Nov 8 (Reuters) – The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene less in the
