Indian central bank likely selling dollars to support rupee, traders say
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
'Sell dollars, stop rupee slide': Capitalmind CEO urges RBI, says India sitting on very high forex reserves
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
India's central bank to judiciously handle FX reserves amid headwinds, sources say
India's central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...
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Report alleges celebrities spent millions of Covid relief dollars on themselves
According to an in-depth report by Business Insider, celebrities such as Chris Brown and Lil Wayne are facing scrutiny for their alleged misuse of Covid relief loans and grants. NBC News' Valerie ...
India's FX reserves slump to 10-month low as rupee pressure mounts
India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data ...
Indian lenders clamor for durable liquidity infusion from central bank
Indian lenders have asked the central bank to infuse durable liquidity into the banking system in the wake of the significant ...