Rupee Slides 11 Paise Against USD, Breaches 78-Mark For First Time

Mumbai- Dropping for the third straight session, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the...

Forex reserves rise by USD 889 mn to lifetime high of USD 621.464 bn

Mumbai: The country's foreign exchange reserves increased by USD 889 million to a lifetime high of USD 621.464 billion in the week ended August...

Rs 50,000 Cr Forex Saved By Blending Ethanol With Petrol In 7-8 Years: PM

Panipat- Prime Minister Narendra Modi on Wednesday said the country saved Rs 50,000 crore in foreign exchange by blending ethanol with petrol in the...

India Has Ample Forex Buffers To Withstand Pressure On Credit Worthiness: S&P

New Delhi -India has built up buffers against cyclical difficulties and has ample foreign exchange reserves to withstand pressure on credit worthiness, S&P Global...

RBI Notifies Measures To Boost Forex Inflows

Mumbai- Reserve Bank of India (RBI) on Thursday issued notifications relaxing provisions for overseas investments in debt market and foreign currency lending by banks,...