Tag: India news
‘You buy umbrella to use it when it rains’: Das on using forex reserves to tackle Re volatility
Amid the rupee falling against the US dollar, RBI Governor Shaktikanta Das on Friday said “you buy an umbrella to use it when it rains!’, indicating t [...]
May use forex kitty to stabilise rupee: Sanyal | India News
India has the option to liquidate some of its foreign exchange reserves to stabilise the rupee if need be, said Sanjiv Sanyal, member of the economic [...]
Explained: Making sense of exchange rate
On Monday, during intra-day trade, the Indian rupee hit an all-time low exchange rate of 77.6 against the US dollar. At the time of going to print, it [...]
Moscow To Use Yuan From Its Forex Reserves; 4th Round Of Talks Underway; Beijing To Face Us Ire If It Helps Russia Evade Sanctions
Red Cross chief: Ukraine war 'nothing short of a nightmare'
The ongoing Russian war on Ukraine has become nothing short of a nightmare for those li [...]
Many economic indicators better than pre-Covid phase: PM | India News
NEW DELHI: PM Modi on Saturday said that though the country has challenges before it due to Covid-19, it won’t put a brake on the speed of the ongo [...]
Forex reserves decline $1.783 bn to $635.905 billion
India's foreign exchange reserves declined for the second consecutive week, ending $1.783 billion down at $635.905 billion for the week ended Decem [...]
ED summons Punjab CM’s son in foreign exchange case | India Information
NEW DELHI: The Enforcement Directorate (ED) has summoned Punjab Chief Minister Amarinder Singh's son for questioning in an alleged overseas trade v [...]
Isro’s PSLV turns money-spinner: Foreign exchange earnings rise by Rs 90 crore in ’18-19 | India Information
NEW DELHI: Indian Space Research Organisation’s PSLV has become a money-spinner for the area company as foreign exchange introduced by the nation’s [...]