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FCNR has bought time; now let's transform how we finance our current account deficit: Neelkanth Mishra

New Delhi, Oct. 4 -- The record $127 billion in dollar inflows from the foreign currency non-resident (bank) scheme have given India about a year or two to shield the economy from external volatility ... Read More


RBI governor warns against complacency amid external headwinds

NEW DELHI, Oct. 3 -- India's financial system is "very resilient", but prolonged stability can encourage risk-taking and leave the system vulnerable to a new generation of shocks, Reserve Bank of Indi... Read More