The Indian rupee has fallen nearly 6% against the US dollar due to Middle East tensions, prompting the Reserve Bank of India to consider measures like interest rate hikes and attracting dollar inflows. Officials are exploring a foreign currency deposit scheme for NRIs and a potential sovereign dollar bond to stabilize the currency.
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The directorate, which filed an appeal almost five months after the HC pronounced the order…
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A photograph that fetched $882 at a New York auction last year has now been…