NEW DELHI, June 6 (Xinhua) -- India's foreign exchange reserves declined by 1.24 billion U.S. dollars to 691.49 billion dollars during the week ended May 30, showed the weekly data released by the ...

NEW DELHI, June 6 (Xinhua) -- India's central bank, the Reserve Bank of India (RBI), on Friday slashed the repo rate by 50 basis points to 5.5 percent. This was the third consecutive reduction in the ...