The Reserve Bank of India (RBI) sprang a surprise last week when it announced a $5 billion (around Rs 35,000 crore) rupee-dollar swap window for the first time, a move widely seen as helping lower interest rates as banks get flush with funds.
The RBI will buy upto $5 billion, or a fourth of the foreign exchange banks hold, from the market via auction on March 26, and sell it to the same banks in 2022.
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Denne historien er fra April 1, 2019-utgaven av India Today.
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WEAVE A STORY
Saree plays muse and material in this modern iteration
SIMPLE LIVING
Spatial planning meets spirituality, and up-cyling meets unconventional design practices, in this Gurgaon home
HARMONY IN DESIGN
Using principles of vaastu coupled with a creative interplay of open and closed spaces, this home in Vadodara is a welcome sight
THE NEW ECO CHIC
This home in Kerala is designed on the principles of climate responsive architecture
Crafting a New Look
A look at five festive artistic finds from Jaipur to brighten your celebrations
NAMES TO KNOW
From homes and offices to banquets and hotels, these architects and designers' approach to design is paving the way for some exciting spaces
CHIC AND COSY
Let your indoor winter wonderland revel in bold bedding, quilted beauties and charming cushions
STEP INTO STYLE
This winter, international collaborations are lending the Indian carpet industry a unique look underfoot
DECK THE HALLS
With this festive array of accessories, cushions and X'mas-themed decoratives
HOME FOR THE HOLIDAYS
Looking for Christmas inspiration? Here are plenty of ideas to steal and products to make it come to life.
