Tag: rupee depreciation
Posted in Economy
RBI chief says room for more interest rate cuts in India, timing up to panel
MUMBAI: Reserve Bank of India Governor Sanjay Malhotra said in an interview with Zee Business on Monday that there is scope to further reduce policy…
Posted in Economy
RBI does not target rupee level; depreciation driven by dollar demand, says Governor Malhotra
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday clarified that the central bank does not aim for any specific level of the rupee,…
Posted in Economy
Govt keeping ‘good watch’ on rupee, several currencies declined against USD: Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have…
Posted in Economy
Lower GST will boost India’s economy higher, says FM Nirmala Sitharaman
The new dual-slab goods and services tax (GST) structure adopts a next-generation approach to dealing with indirect taxation and will boost the economy significantly, Union…