The depreciation of Indian rupee against the US dollar is expected to push the country's import bill by about USD 15 billion, think tank GTRI said on Thursday. Compared to December last year ...
Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1000 rupee banknotes would be withdrawn from the financial system at midnight, saying it was part of a crackdown on rampant ...
Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from USD 65,877 per kg in ...