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 6 (Reuters) – The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and tepid capital flows following a slowdown
BENGALURU, Jan 6 (Reuters) – India’s dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led to strong hiring in December, while inflationary pressures eased, a survey showed. The HSBC final India
NEW DELHI, Jan 3 (Reuters) – India is looking forward to strengthening its economic relationship with the United States by engaging with the incoming Trump administration, India’s trade minister Piyush Goyal told reporters in New Delhi on Friday. “We are looking forward
Mumbai, Jan 3 (PTI) The rupee depreciated 4 paise to close at a record low of 85.79 (provisional) against the US dollar on Friday, as strong dollar demand from importers and a muted trend in domestic equities weighed on investors’ sentiments. Forex