Trai: No proposal in Trai to raise revenue share rate payable by tel operators: MoS Communications - The Economic Times

2022-07-20 10:37:04 By : Mr. Sunzoom Xu

The rupee breached the 80 mark to the US dollar for the first time during the formal trading hours in Mumbai Tuesday amid a rush by importers to cover currency risks against offshore payables and concerns over quickening fund outflows.

The Reserve Bank of India (RBI) and the Centre could take a series of one-off measures to halt the rupee’s slide.

A Piramal Group-led consortium, IndusInd International, Oaktree Capital and Cosmea Financial are among resolution applicants actively considering a bid for Reliance Capital as an entire company, said two people aware of the development.

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