India initiates first Rupee payment for oil to UAE; explores global currency adoption
India has made its first-ever payment in rupees for crude oil obtained from the UAE, marking a significant move in...
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India’s Push to Internationalize the Rupee Is Misfiring
India's efforts to achieve increased international acceptance for its currency are floundering. No oil trades were settled in rupees during...
India wanted to ditch the US dollar and buy oil in rupees. No seller wanted to get involved.
A trader counts new 2,000-rupee notes at a wholesale vegetable market in Bangalore, IndiaAP Photo/Aijaz RahiIndia's efforts to achieve increased...
India’s forex reserves hit 20-month high; jump $9.112 billion to $615.971 billion: RBI
Amid heavy inflows in Indian debt and equity markets, India's foreign exchange reserves rose for the fifth straight week, reaching...
Kitchens@ Secures an Impressive $65 Million in C Series Funding from the Thriving Growth Investment Firm, Finnest
BANGALORE, India and LONDON, Dec. 22, 2023 /CNW/ -- Kitchens@, a leading powerhouse in the dynamic cloud kitchen industry, is...
Rupee settles flat at 83.18 against US dollar | Business News
The rupee ended flat at 83.18 (provisional) against the US dollar on Wednesday amid massive selling in equity markets as...
India’s Real Estate Renaissance: Bright projections signal a thriving FY2024-25 – Money News
Currently, the Indian real estate market stands at a pivotal juncture, marked by dynamic shifts and strategic initiatives. Embracing the...
India hits out at IMF for saying currency intervention excessive
India pushed back against the International Monetary Fund for saying the central bank’s intervention in the foreign-exchange market was excessive,...
EMERGING MARKETS-Asian currencies, stocks jump after Fed signals policy pivot next year
* Thai baht jumps nearly 2% * Stocks in S.Korea, India rise more than 1% each * Philippine cenbank keeps...
The Clearest Sign of India’s Very Good Year
India has had a very good year. The country’s economy is booming, its stock market is near an all-time high...
