MUMBAI, June 19 (Reuters) – India’s rate panel chose to adopt a wait and watch approach in keeping interest rates on hold earlier this month, to see if higher oil and food prices are likely to lead to more generalised inflation, minutes
MUMBAI, Jan 17 (Reuters) – India’s economic growth is poised to rebound as domestic demand regains strength, but “stickiness” in food inflation warrants careful monitoring, the RBI (Reserve Bank of India) said in its monthly bulletin released on Friday. In India, there
MUMBAI, Jan 17 (Reuters) – The Indian rupee slipped on Friday and logged its worst week in 18 months, hurt by persistent foreign portfolio outflows and heightened dollar bids in the non-deliverable forwards (NDF) market. The currency declined to an all-time low
Jan 17 (Reuters) – Gold discounts in India widened to six-month highs this week as a rise in domestic prices dampened demand and jewellers awaited the annual federal budget, while physical gold demand in China was solid ahead of the Lunar New
DUBAI, Jan 16 (Reuters) – Emaar Properties, Dubai’s largest listed real estate firm, is in talks with “a few groups” in India including Adani Group to sell a stake of its Indian business, it said on Thursday. The builder of the world’s