The rupee and bonds rallied on Thursday as measures announced by the Reserve Bank of India (RBI) chief Raghuram Rajan late on Wednesday raised hopes of a new approach to the current crisis, while the

Chennai: As rupee fluctuated in the market, Reserve Bank on Thursday said it is not targeting any specific exchange rate and will use all instruments to manage the volatility.
"We do not have an exch

The government on Tuesday approved the extension of Reserve Bank of India (RBI) Governor D. Subbarao's tenure by two years, which officials said could be because of the need to maintain stability at t