India to import Iranian oil using rupee payment mechanism; goods to be exported to Tehran for 50% payment

1 week ago
New Delhi: India will import crude oil from Iran using a rupeebased payment mechanism, an industry source told on Thursday, adding that 50 percent of those payments will be used for exporting items to Tehran. The United States last month  ... ...

RBI monetary policy today: With economy slowing down in Q2, will the MPC be forced to stay on hold for now?

2 weeks ago
Cheap (easy) money is like mother's milk to a bull market. Just like a newborn infant multiplies in body weight in the first 6 months of its life surviving on mother's milk alone, stock markets boom on ample and lowcost money supply. So the monetary ... ...

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