Tag Archives: Business News

RBI likely to loosen rupee reins to help further gains

(Representative image) MUMBAI: The Reserve Bank of India (RBI) appears to have stopped trying to control the rupee to help exports, leaving the coin drift to a maximum of six months and raising expectations that it will continue to win, analysts and market participants said. RBI intervention in dollar purchases …

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India Trade deal with the United States: There is a possibility of a ‘mini trade agreement’ between the United States and India before the presidential elections: Senior American diplomat

WASHINGTON: There is the possibility of a “mini trade deal” between the United States and India even before the November 3 presidential election in the United States, said a senior US diplomat. India and the US are negotiating an agreement to resolve differences on trade issues to boost economic ties. …

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