Apple clears bills of partners for 2 months

Kolkata| Mumbai: Apple has paid its 500-odd exclusive stores in the country two months of rent and salaries for store staff apart from extending payment period to 60 days, even as consumer goods biggies like…

Next 3 months will be critical for Indian…

What your outlook for emerging market fund flows? It seems April outflows around could be closer to $ 10 billion, but outflows from India have decreased significantly to just about $ 0.5 billion this month…

Forex reserves hit new high, but import cover…

Kolkata: India's foreign currency reserves hits a new high at $ 422.533 billion last week, which is good enough to cover 10 months of imports. The previous peak was $ 421.915 billion seen on February…