Reserve Bank of India Governor Duvvuri Subbarao said it pays to be unpredictable when it comes to intervening in the foreign exchange market as this approach makes intervention policy more
Patni Computer Systems that has been acquired by iGATE, on Monday said it expect results to stabilise next year after all integration expenses and accounting charges related to the acquisition
The Reserve Bank of India (RBI) would intervene in the foreign exchange market if its currency became too volatile or threatened to disrupt the economy , governor Duvvuri Subbarao said
IT firm Patni Computer Systems today reported a growth of nearly eight per cent in net profit at Rs 146. 74 crore for the second quarter ended June 30
The country's foreign exchange reserves grew by $31.5 billion in the first nine months of this fiscal, but credit for two out of every three of these dollars go to the rupee appreciation.
Government has earned more foreign exchange from tourism in May this year.
India should closely monitor the foreign exchange reserves, which stood at USD 2
Exporters, hit hard by economic slowdown in major markets, can expect short-term
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