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
NEW DELHI, Jan 9 (Reuters) – Global alcohol companies such as Diageo, Pernod Ricard and Carlsberg are demanding unpaid dues of about 40 billion rupees from Telangana, where Heineken suspended supplies this week in an unprecedented move, three industry sources said. India
MUMBAI, Jan 9 (Reuters) – New RBI governor Sanjay Malhotra has initiated a review of the Reserve Bank of India’s inflation and growth forecasting tools to minimise projection errors, four sources said. Malhotra, who took charge last month, is asking the RBI’s
MUMBAI, Jan 9 (Reuters) – The Indian rupee hit a lifetime low on Thursday, pressured by a rise in U.S. bond yields and strong dollar bids in the non-deliverable forwards (NDF) market while the central bank likely stepped in to cap losses,
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
