Centre aims to double foreign tourist inflow in country in next...

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The Centre aims to double foreign tourist inflow in the country in the next three years and is taking all measures to achieve the...

India remains world’s top remittance recipient country in 2017, says World...

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In 2016, remittances to developing countries had dipped 2.4 per cent year-on-year - a second consecutive year of decline, which was a trend not...

Rupee weakens for sixth session, longest losing streak since May 2016

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Mumbai: The Indian rupee on Monday weakened for the sixth consecutive session, its longest losing streak since May 2016, as foreign investors continued to...

Scandals, bad debts at Indian banks threaten economic outlook

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Mumbai: Scandals, bad debts, ATM cash shortages—India’s banking system has experienced them all in recent months and the bad run is starting to have...

Cash crunch: Currency supply fell Rs 150 bn short during April...

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Currency in circulation increased by Rs 439 billion to Rs 18,732 billion during March 31-April 13, according to weekly data on reserve money published...

Banking sector this week: Cash crunch at ATMs grips 8 Indian...

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In just 18 months, demonetisation-like nightmare once again haunted Indians in almost eight states as it witnessed major cash crunch at a large number...

FPI outflow in April at Rs 8,000-cr on trade negotiations

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Foreign investors have pulled out nearly Rs 8,000 crore from the Indian capital markets so far this month due to 'considerable' volatility in global...
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