He also sees opportunities in defence, shipbuilding, infrastructure and aerospace, though he cautions investors about demanding valuations.

India should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...

In 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...

Manmohan Singh, India's former finance minister, deposited the gains from his overseas bank account into the Prime Minister National Relief...

Chandra Shekhar was the prime minister of India when the local currency had crossed teenage 32 years ago. With forex reserves nearly deplet...

Retail prices will increase in a week's time; this will be the second increase this month.

"There is panic in the market and buying spree is going on but it will be addressed," an official of State Bank of Pakistan

The BJP govt losing nerve in 2018 will be even more inexcusable than Congress’ losing it 5 years back.

In our assessment, the rupee is considerably overvalued on a REER basis. Our projection for the rupee has been maintained at 68-70.

The domestic currency had declined 13 paise against the greenback to 67.20 on Monday, led by sustained dollar demand from banks and importe...

"The currency rate is set by market forces and our job, mainly RBI's job, is that it finds its level in a stable order," he told PTI in an ...

Sluggish trade data amid highly volatile global currency market sentiment in the aftermath of China's yuan devaluation weighed on trade, fo...

'Make in India' could take a hit because other exporting nations would be more competitive as their currencies could depreciate more.

The rupee devaluation has further added to the woes, pushing up landed price of raw wool on Indian shore.

Devaluating Rupee is making things tighter for the small and medium sector merchant exporters from West Bengal having their trade link main...

Rupee devaluation has prodded Darjeeling tea producers to step up exports and shift the focus from domestic market to global markets.

The rupee was devalued by 36.5% in 1966 on weak macro-economic indicators.