Mumbai, Mar 6 (PTI) The rupee stayed range-bound throughout the session on Friday and ended 6 paise lower at 91.70 (provisional) against the US dollar, resisting pressure from inflated crude oil prices and suspected RBI intervention. According to forex experts, heavy selling
Jan 13 (Reuters) – India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government’s estimate of 4.9%, primarily driven by lower expenditure, finance daily Mint reported on Monday. Lower spending
MUMBAI, Jan 13 (Reuters) – The RBI (Indian central) was likely selling dollars to support the rupee on Monday, after the currency slumped to its all-time low as the dollar surged on expectations that the Federal Reserve will not cut rates by
New Delhi, Jan 12 (PTI) The Congress on Sunday promised to give Rs 8,500 every month to educated unemployed youths in Delhi for one year if it comes to power in Delhi. This is the third scheme launched by the Congress ahead
NEW DELHI/SINGAPORE, Jan 12 (Reuters) – Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow’s top customers,
