India defies US President Donald Trump's tariff threats by accelerating rupee-based settlements for international trade, a move initiated by the Reserve Bank of India.

The Reserve Bank of India (RBI) reportedly sold at least $5 billion in US dollars to support the weakening rupee, marking a potential shift in its currency strategy.

Recycled gold continues to represent a minor portion of supply, leaving domestic markets such as Chennai particularly exposed ...

Mumbai: Rupee pared initial gains and settled for the day on a negative note, lower by 8 paise at 87.66 (provisional) against ...

The latest security splurge was approved on August 5 by the Defence Acquisition Council, under Defence Minister Rajnath Singh ...

RBI has sold at least $5 billion across onshore and offshore markets in August to support the rupee, according to reports ...

Rupee declines against the US dollar amid importer demand, rising crude oil, and FII outflows. Trade war uncertainty adds pressure.

Notably, both benchmarks began today’s trading session amid heavy volatility, but started climbing soon after markets opened.

The Indian rupee closed unchanged on Monday, as dollar demand from importers offset early gains driven by a softer greenback ...

The Reserve Bank of India allows banks to open Special Rupee Vostro Accounts without prior approval, promoting INR-based ...

“There’s a reasonable amount of demand, especially for bonds at the longer end,” Lakshmi Iyer, group president for ...

India's long-term sovereign bonds offer a buying opportunity with wide yield spreads, attracting demand from pension funds ...