The Indian rupee has surged 1.5% from its February low, driven by a current account surplus, robust services exports, and lower imports. Corporates unwinding dollar positions and stable remittances ...

As per the Indian Constitution, currency is in the Union list. By extension, therefore, its symbol, too, is in the domain of the central government. Ergo, what the Tamil Nadu government has done is a ...

Central banks of India and Mauritius have signed an MoU to enable the use of local currencies for trade. The agreement was to establish a framework to promote trade in the local currencies of both ...

India and Mauritius have signed a Memorandum of Understanding (MoU) to facilitate trade using their local currencies. The agreement aims to reduce reliance on hard currencies by implementing an ...

Rupee gains ground against dollar, supported by declining dollar index and low crude oil prices, with potential to reach 86.15.

The Memorandum of Understanding (MoU) was signed by RBI Governor Sanjay Malhotra and BOM Governor Rama Krishna Sithanen G C S K, the central bank said in a statement on Tuesday.

The Indian rupee appreciated for the third consecutive session and registered gains of 26 paise to close at 86.55 (provisional) against the US dollar on Tuesday, amid positive domestic equity markets ...

Equity markets surge on positive global cues, banking stocks lead gains, Sensex closes at 75,301.26, Nifty at 22,834.30.

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding to establish a framework promoting the use of local currencies for cross-border transactions.

Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.

The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...