‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident

Since the outbreak of the Iran conflict, India’s forex reserves have declined by nearly $38 billion,…

Gold import duty raised to 15% from 6% as govt moves to curb imports, support rupee

NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from…

Gold, silver import duty raised to 15% from 6% as government moves to curb imports, support rupee

NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from…

Rupee at 95.6: Currency crashes to record low as US-Iran ceasefire jitters send oil soaring

Rupee extended its losing streak on Tuesday, slipping to a record low of 95.63 against the…

India’s forex kitty: Foreign exchange reserves jump $2.362 billon to $703.308 billion

India’s foreign exchange reserves rose by $2.362 billion to $703.308 billion in the week ended April…