Banks, importers seen lapping up India central bank's $5 billion FX swap
The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from lenders and corporate treasuries, six bankers said. The central bank will ...
Fintech firm Cred joins Indian central bank's digital currency project
Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central ...
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
The world's fastest growing major economy has seen a growth downturn. India has been steadily cutting its full year real GDP ...
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing ...
India's RBI sells dollars to support rupee before market open, traders say
The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
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India's Private Equity Frenzy: Smart Money Or A Bubble in the Making?
OPINION: Private equity has always been a key engine of India’s economic growth, but a shift in approach is necessary.