FII inflows have propped up sentiment even though importer-buying has kept rupee levels in check
According to historical data, CLSA noted that the dollar is hovering around 30 percent above its fair value at the present moment.
Reliance Industries Ltd aims for a minimum rate of USD 10 for gas produced from coal seams, adjusting its pricing formula.
The National Science Foundation has invested nearly USD 150 million in India in the last five years through more than 200 projects and has launched 35 joint projects in the last one year alone, NSF Director Sethuraman Panchanathan said Thursday.
In October 2021, the country's forex kitty had reached an all-time high of $645 billion.