The Reserve Bank of India (RBI) has approved two Russian banks, Sberbank and JSC VTB, to open dedicated Vostro accounts for trading in rupees. The approval came months after India’s central bank announced its norms for rupee trading. Earlier

Mumbai: Investors may reduce their exposure to shares in companies in the software services, chemical auto components, jewelry and machinery sectors, which derive much of their revenue from exports to Europe, mainly the UK, analysts said. With the British pound

BENGALURU, Sept 27 (Reuters) – Indian private lender Axis Bank Ltd (AXBK.NS) said on Tuesday it had signed a non-binding term sheet to raise Rs. 499-699 million (6.12-8.57 million dollars) for a 9.94% interest Go to Digi Life Insurance. The

Delhi Deputy Prime Minister Manish Sisodia said Tuesday the CBI searched his locker and found nothing. A four-man team from the CBI conducted the search at a branch of the Punjab National Bank in Vasundhara, Ghaziabad, for nearly two hours.

A man walks along a wall overlooking the skyline of Mumbai’s central financial district, India March 9, 2017. REUTERS/Danish Siddiqui/File Photo Sign up now for FREE unlimited access to Reuters.com to register BENGALURU, Sept 26 (Reuters) – Indian employers are

Moody’s Investors Service on Tuesday announced its decision to keep India’s sovereign credit rating at Baa3, the lowest investment grade, and to maintain its “stable” outlook for the country. The agency justified the decision to confirm the rating by citing

India-UK Free Trade Agreement (FTA) talks are now in their final stages and despite some issues to be resolved, there is optimism on both sides that the Diwali deadline for a draft will be met, according to the Lord Mayor

India-UK Free Trade Agreement (FTA) talks are now in their final stages and despite some issues to be resolved, there is optimism on both sides that the Diwali deadline for a draft will be met, according to the Lord Mayor

A significant rural-urban divide in the fertility rate was seen in the country in recent data, which states that the fertility rate varies from 53.7 in urban areas to 73.7 in rural areas, while nationally there is 67 children per

Mumbai (Maharashtra) [India]September 24 (ANI/BusinessWire India) — ALDO, the world’s leading fashion footwear and accessories brand, announces esteemed Indian actress, a bright sensation, and fashionista JANHVI KAPOOR as brand ambassador of ALDO INDIA to launch Festive Collection . The Finer