RBI moves to take rupee global, OKs international trade in currency – Times of India
MUMBAI: The Reserve Bank of India (RBI) has enabled exports and imports to be denominated in rupees. This will internationalise...
Month: July 2022
Oil companies $ demand spikes 45% on high crude, RBI raises credit limit – Times of India
NEW DELHI: Raging crude prices have jacked up dollar demand from oil companies, a factor contributing to the rupee’s fall...
I am naturally disappointed, says Vijay Mallya on Supreme Court verdict – Times of India
LONDON: Former Kingfisher Airlines boss Vijay Mallya, who is based in Britain for over five years, on Monday expressed his...
Coal imports hit record high in June – Times of India
NEW DELHI: India's coal imports hit a record high in June despite high global prices, data from three trade sources...
Parameswaran Iyer takes charge as Niti Aayog CEO – Times of India
NEW DELHI: Parameswaran Iyer, who had spearheaded the implementation of the flagship $20 billion Swachh Bharat Mission, on Monday took...
Russia’s share of India’s June oil imports surges to record – Times of India
Russia continued to be the second largest oil supplier to India after Iraq.NEW DELHI: India's oil imports from Russia surged...
RBI introduces mechanism for international trade settlements in rupees – Times of India
MUMBAI: The Reserve Bank of India (RBI) is putting into place a mechanism for international trade settlements in rupees, which...
Uber admits to past mistakes; says it is a ‘different’ company now – Times of India
NEW DELHI: As a leaked cache of confidential files illustrated its potentially dubious and illegal means to push into markets...
Rupee falls 22 paise to record low of 79.48 against US dollar – Times of India
MUMBAI: The rupee depreciated by 22 paise to close at a fresh lifetime low of 79.48 (provisional) against the US...
Elon Musk laughs off Twitter lawsuit in characteristic meme fashion – Times of India
SAN FRANCISCO: Billionaire Elon Musk issued a humorous late-night response to Twitter Inc.’s preparations to sue and force him to...
