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This winter session is expected to be the last session held in the existing Parliament house, , Winter session of Parliament, centre govt, congress, inflation, rupee fall, India China dispute
The RBI governor said that market interventions by the central bank have helped in containing volatility and ensuring the orderly movement of the rupee.
Indian companies are rushing to hedge their overseas dollar debt against further declines in the rupee, a process that threatens to cascade into additional losses for the battered local currency.
Sales in second half of the year could be better than the first half with the softening of the commodity prices, speculate market watchers.
India's central bank is prepared to sell a sixth of its foreign exchange reserves to defend the rupee against a rapid depreciation after it plumbed record lows in recent weeks, a