The Indian currency posted its steepest weekly fall in seven months as it led the way amid a tumbling Asian…
Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead…
India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to…
In contrast to the rupee, other Asian currencies were mostly higher after US Federal Reserve chairman Jerome Powell struck a…
The Chinese currency was flailing after poor data showed its economy’s recovery is running out of steam, dragging other currencies…
The talks suspension is a blow for Indian importers of cheap oil and coal from Russia but Moscow was reluctant…
Increasing oil deals between the two countries have already begun to corrode the US dollar’s long-running dominance in energy trade
One of the government officials directly involved in the matter said New Delhi is "not comfortable" with foreign trade settled…
Last July, the RBI introduced a new mechanism to settle international trade in rupees, aiming to promote exports and facilitate…