Rupee overvalued vs key currencies despite new lows against $

The rupee remains overvalued against the currencies of India’s trading partners, even as it hit record lows against the dollar in August and September. Illustration: Uttam Ghosh/Rediff.com......

What Are New RBI Governor's Challenges?

'Challenge is basically near-term growth as the outlook has turned a bit adverse.' IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council......

A first in 10 yrs: Currency flow drops in H1 due to Rs 2k note withdrawal

The currency in circulation (CIC) declined in the first half of this financial year and this is the first time this has happened in H1 in at least 10 years. Photograph: PTI Photo from the Rediff......

Record FPI inflows in debt market mark over 6-year high in December

Foreign portfolio investors’ (FPIs’) net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. Illustration: Dominic......