NRI Deposits Down 29%
The flow of money from overseas Indians into non-resident Indian (NRI) deposit schemes dropped 29.25 per cent to $1.33 billion...
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Gold is ‘insurance’ against currency crisis, inflation overreaction, dollar devaluation – Steve Forbes
(Kitco News) – Markets have experienced a dollar resurgence more than a decline in the gold price, while the Iran...
Currency slide, visa curbs push Indian students to rethink overseas study plans
A weakening Indian rupee, tighter visa rules and softer job prospects in Western economies are forcing many Indian students to...
India’s central bank likely sold $12 billion gold reserve in just two weeks to support the rupee – BE report
(Kitco News) – The Reserve Bank of India likely sold $12 billion of its gold reserves and bought $7.5 billion...
India’s new gold and silver import duties trigger cascade of impacts across metals and currency markets
(Kitco News) – While short-term headwinds from the Iran war continue to cap precious metals prices, most analysts see the...
Rupee ends mixed against major global currencies
The Indian rupee showed mixed movement against major global currencies during the week ending May 15, according to RBI data.The...
