The Reserve Bank of India backs a new economic stabilisation fund. This fund will help India manage global challenges and oil price swings. The RBI stated that India's foreign exchange reserves are strong enough to handle external shocks. The rupee has weaken…
The Reserve Bank of India (RBI) on Monday said the creation of an economic stabilisation fund would provide fiscal headroom and help India respond proactively to global headwinds, even as it flagged … [+1851 chars]
