Tag: rupees

Govt retains borrowing target, to raise Rs 6.61 lakh crore in H2 to fund revenue gap
Posted in Economy

Govt retains borrowing target, to raise Rs 6.61 lakh crore in H2 to fund revenue gap

NEW DELHI: The Centre has retained its borrowing target for the current financial year and plans to raise Rs 6.61 lakh crore through auction of…

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India may let foreign investors raise capital in rupees to invest overseas, source says
Posted in Economy

India may let foreign investors raise capital in rupees to invest overseas, source says

NEW DELHI: India may allow certain foreign investors to raise capital in rupees for investments in select countries, a government official said, in a move…

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rupees: RBI directs users to pay fee, charges on forex cards in rupees
Posted in Economy

rupees: RBI directs users to pay fee, charges on forex cards in rupees

The Reserve Bank of India (RBI) on Tuesday advised that the fees, charges payable in India have to be denominated and settled in Rupees only….

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India started exploring a rupee settlement mechanism with Russia soon the invasion of Ukraine in February last year.
Posted in Business

India, Russia suspend negotiations to settle trade in rupees

India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its…

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Mounika G's LinkedIn post
Posted in Business

TCS smashes Q4 profit view on strong deal momentum: Report

Reuters | | Posted by Animesh Chaturvedi Tata Consultancy Services Ltd reported a bigger-than-expected rise in fourth-quarter profit on Wednesday as India’s top IT exporter…

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