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RBI possibly selling dollars to prevent rupee from falling to record lowRBI possibly selling dollars to prevent rupee from falling to record low

The Indian central bank is possibly selling dollars via public sector banks, with the rupee just shy of a record low, six traders told Reuters. The rupee was at 83.2025 to the U.S. dollar, down from 83.09 at open and within a whisker of the lifetime low of 83.29. “Hearing of public sector bank names […]

PM Modi’s rockstar welcome in Sydney lights up Australia in tricolour | See PhotosPM Modi’s rockstar welcome in Sydney lights up Australia in tricolour | See Photos

1/12 Amidst the resounding cheers of tens of thousands of supporters, Prime Minister Narendra Modi delivered a stirring speech at a magnificent community event for the Indian diaspora in Sydney on Tuesday. With great admiration, the PM celebrated the India-Australia relationship, highlighting its essence of “mutual trust and mutual respect.” Echoing the sentiment, Australian Prime […]