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Jun 29, 2018
India has adequate 'firepower' of foreign exchange reserves to deal with rupee volatility, says Subhash Chandra GargVolatility is being driven by global factors including the proposed US sanctions on Iran and the mismatch in demand and supply of oil
Feb 17, 2017
Urjit Patel exclusive interview: Collateral benefits of demonetisation will take time to play out'Our current account (deficit) is low and has been low for some time now. It is at a level that is easily financeable.'
Dec 29, 2013
Mutual funds see asset base grow by Rs 1 lakh crore in 2013Fund houses are upbeat about an even better performance in 2014 on account of various measures initiated by market regulator Sebi as well as plans of individual players to expand the distribution network across the country, particularly to smaller cities.
Oct 07, 2013
US shutdown gives RBI chance to shore up forex cover: BofA-MLBrokerage firm Bank of America Merrill Lynch (BofA-ML) today said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves.
Oct 04, 2013
Correcting CAD: Let rupee fall and stop doling out sops for foreignersA slower depreciation of the rupee is better way to strengthen the country's exports, lower competitive imports and give a boost to Indian industry all round. The enforced appreciation of the rupee cuts this boost to industry.
Sep 17, 2013
In bid to resurrect rupee, NRIs can get upfont loans for dollar depositsThe foreign banks are offering upfront financing for wealthy non-resident Indians (NRIs) to set up dollar deposits in India following various central bank incentives, including cheap dollar/rupee swap rates.