Exclusive-India, Russia suspend negotiations to settle trade in rupees -sources
By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) – India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep…
Indian government to borrow a record 16 trillion rupees in fiscal 2023/24 – Reuters poll
By Vivek Mishra BENGALURU (Reuters) – The Indian government will borrow a record 16 trillion rupees ($198 billion) in the fiscal year to March 2024, according to a Reuters poll of economists,…
India cenbank gives sharply lower surplus of 303 billion rupees to govt
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its contingency risk…
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