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The new Reserve Bank of India Governor Raghuram Rajan has announced measures to curb the rupee’s slide.
India has called for a cessation of violence from all sides involved in the Syrian crisis.
Banks and hedge funds also use NDFs to take speculative positions.
The US Federal Reserve comments about ending a fiscal stimulus program has adversely hit emerging economies.
The Indian prime minister said the Government is not contemplating any measures for capital controls.
China and India will hold joint military exercises this year in China’s Sichuan Province.
The Indian rupee has depreciated about 18 per cent against the dollar in the past six months.
The CRA was announced during the fifth BRICS Summit in Durban earlier in March this year.
The nation's currency has lost around 15 per cent against the dollar since May this year.
The national food security bill aims to provide subsidised food grain to around 800 million people.
