The RBI directive, aimed at curbing speculative activity, comes as the rupee touched a record low of 84.5075 against the US dollar, according to four bankers directly aware of the matter ...
The Reserve Bank of India's financial market regulations department informally communicated the instructions to banks, the bankers said ...
Pakistan is a plutocracy—a government controlled by the wealthy and privileged. This has resulted in policies that are not designed to pull the poor out of poverty, resulting in chronic economic stres ...
The rupee hit an all-time low on Friday as the dollar's post-U.S. election rally gathered steam again, while foreign ...
Indian benchmark indices closed lower on November 21, with the Nifty slipping below 23,400 and the Sensex dropping 460 points ...
Online food delivery platform Zomato’s CEO Deepinder Goyal announced a new job position called chief of staff where the ...
The Reserve Bank of India's approach to managing the rupee's exchange rate has not had an adverse impact on the global competitiveness of the country's exports, the central bank ...
Some 90% of the world’s cricket fans are from the Indian sub-continent, but how exactly did the sport build such manic ...
Gold prices in Pakistan surged by Rs3,600, or 1.33%, on Tuesday, closing at Rs273,500 per tola, driven by escalating ...
Geojit Financial Services Head of Research, Vinod Nair sheds light on market outlook, valuation, second quarter results, and ...
MUMBAI: Amidst rising signs of the economy losing steam, the Reserve Bank continues to exude confidence saying despite the ...
When you load money onto a forex card, you lock in the exchange rate at that moment. This means if the rupee continues to ...