This major lender sees India growth at 8% in 5 years

India's battered economy could return to its glory days of growth above 8 percent, the chief financial officer of HDFC, one of India's largest lenders, told CNBC.

India to seek rupee trade payments to support battered currency

(Reuters) - India is preparing to lobby major trading partners including Japan, Iraq and Venezuela to accept rupee payments for some of their exports, one of a series of moves to stabilise the volatile currency and make it more globally acceptable.

India oil play eases currency pain

The rupee pulled back from a record low Thursday after India announced a plan to lend dollars to state oil companies, the latest in a series of measures designed to stem the currency's decline.

India's central bank in new measures to boost rupee

India's central bank has announced new measures to reduce volatility in currency markets and support the weakened rupee.

India's central bank 'intervened to rescue rupee'

MUMBAI (AFP) – India's central Reserve Bank of India was believed to have intervened in the foreign exchange market Friday to rescue the rupee from near-record low levels, dealers said.

Rupee recovers; still above 61 mark Vs dollar late morning deals

MUMBAI: After slumping to a new record low of 61.19 against the dollar in early trade, the rupee on Monday recovered a bit to 61.04 in late morning deals on suspected intervention by the Reserve Bank.

India to put investors before voters in election-year budget

NEW DELHI (Reuters) - India's finance minister had a bruising battle with cabinet colleagues in the run-up to the budget he unveils this week, rebuffing demands for pre-election spending and insisting on austerity to shore up investors' faith in a troubled economy.

Govt to announce steps on Monday to improve economy

Expressing concern over signs of weakness in the Indian economy, Finance Minister Pranab Mukherjee on Saturday said the government is set to announce certain measures on Monday to improve market conditions in consultations with the Reserve Bank.

India Inc exposed by unhedged dollar debt

SINGAPORE: As the rupee hits record lows against the US dollar, Indian companies, holding nearly US$100 billion in foreign-currency debt, are finding themselves dangerously exposed, and unhedged dollar debt could spell billions in losses for local borrowers.

Indian jitters over freefalling rupee

India's rupee, Asia's worst performing currency this year, could be bound for 'uncharted waters,' analysts say, as fears about eurozone debt and a slowing economy pump demand for the dollar.