RBI governor D Subbarao on why rupee is falling

New Delhi: Committing to anchor inflationary expectations, Reserve Bank of India (RBI) on Friday said price stability was essential to help investors and consumers make informed choices and contribute to growth. "Key to our collective national aspiration

global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said on Saturday. "We need foreign capital and also to prohibit capital outflows. Thus, we need good rating from inte

Indian Forex reserves continued their slide for the third consecutive week, slipping by $1.34 billion to $290.57 billion on a dip in currency assets and gold reserves, the Reserve Bank of India said. The total foreign exchange reserves had declined by $1

Like this story, share it with millions of investors on M3 India's latest offer of more wheat for export is priced below government costs to source and handle the grain, but is still too steep for international buyers, leaving the possibility of extra sa

Mexico's central bank governor Agustin Carstens speaks during a Monetary Authority of Singapore lecture in Singapore February 5, 2013. MEXICO CITY (Reuters) - Mexico's surprise interest rate cut shows policymakers are worried that the peso could overheat

Iran's oil export revenues are helping Indian rice exporters to claw back some of the lucrative business lost to cross-border truckers in Pakistan as a result of Western sanctions. Indian rice exports direct to Iran have bounced back, thanks to shippers