MUMBAI (Reuters) -The Reserve Bank of India has stepped up its presence in the offshore non-deliverable forward (NDF) market to support the rupee, which has come under pressure from shifting ...

Mehdi Qazanfari noted that the fund is considering the diversification of its input resources based on the country’s potentials and capacities in various areas other than oil. “One of our challenges ...

The Indian rupee (INR) slumped to a record low of 59.98 against the US dollar on June 20 throwing a fresh challenge to the authorities to revive the flagging economy. The local currency tanked more ...

Alireza Mirmohammad Sadeghi stated that according to the law, the equivalent of $510 million must be injected from the foreign exchange resources of the National Development Fund into the Stock Market ...

Eric Welbers, who served as managing director of the production company NDF until the end of March, has set up the internationally focused content company Bravado Media, with headquarters in Munich.