Market participants attribute the stability to the RBI's timely intervention in the foreign exchange market, both in terms of selling and buying dollars. Photograph: Kind courtesy Rupixen/Pixabay......
Amid fast-depleting forex reserves, the Finance Ministry on Wednesday signalled that it was not in favour of selling the dollar to defend any particular level of the rupee. Photograph: Dado......
Every 10 per cent rise in crude oil price will shave off around 0.2 percentage point (pp) from India’s GDP growth and widen the current account by 0.3 per cent, says Nomura. IMAGE: An oil......
'... Whether an incumbent is voted back or a coalition forms a new government except for a temporary disruption for a few weeks.' IMAGE: Prime Minister Narendra Damodardas Modi at an election......
With the economy back in recovery mode and the current account deficit (CAD) narrowing, India is the best structural story in the emerging markets (EM), said BNP Paribas in its Asia Strategy......