The country's foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of increase in foreign currency assets, according to RBI data
Moody’s lowers India’s outlook to ‘negative’ from ‘stable’: Fundamentals of economy remain robust with inflation under check, says FinMin
As India’s potential growth rate remains unchanged, assessment by IMF and other multilateral organizations continue to underline a positive outlook on India, FinMin said in a statement
Glenmark Q4 net profit up 6.62% at Rs 162 cr; board approves raising funds up to $200 mn through debt securities
Glenmark Pharma's consolidated revenue for 2018-19 stood at Rs 9,865.46 crore, compared to Rs 9,103.07 crore in the preceding fiscal.
The rupee had a better run in the past fiscal, while it was one of the worst among its emerging market peers this fiscal year, which explains the reasons for Reserve Bank of India's intervention in the forex market
Foreign exchange reserves once again crossed $400 bn mark in previous week, after they rose $1.208 bn to $400.741 bn
The BSF apprehended a Bangladeshi national from near Petrapole border in North 24 Parganas district and seized foreign currency from her possession.
Continuing its probe into terror funding by Pakistan-based groups to stoke unrest in Jammu and Kashmir, the NIA conducted fresh raids across five locations.
During the period, domestic assets constituted 24.59 percent while the foreign currency assets and gold (including gold held in the country) constituted 75.41 percent of total assets as against 21.86 percent and 78.14 percent, respectively, as on June 30, 2015.
Russia's ruble strengthened sharply on Wednesday after dramatic falls on the previous two days as the government pressured exporters not to hoard foreign-currency earnings
Amid such an economic environment globally, it is difficult to imagine how risk assets such as stocks can thrive.
The rupee on Friday fell to 53.92 to the dollar - its lowest in 2012, and has lost almost 9 percent since March.