Strong dollar pushes yen to 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking intervention fears. Despite past efforts, the yen continues to weaken due t...
The Japan-India Summit: Strategy maturing into substanceJapan's Prime Minister Sanae Takaichi's visit to India signals a deepening economic partnership, focusing on resilient supply chains and hi...
Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...
Dollar firms as cracks emerge in peace deal, pound dips on Starmer uncertaintyGlobal markets faced jitters as U.S.-Iran tensions escalated, impacting oil prices and the Strait of Hormuz. Despite peace talks, threats f...
Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...
SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Reliance secures record Japan financing after S&P upgrade to A-Reliance Industries Limited achieved a major milestone by securing the largest Samurai loan ever for an Indian company. It also completed t...
IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
PFC secures largest-ever foreign currency term loan of $1.265 bnState-owned Power Finance Corporation (PFC) has secured the largest-ever foreign currency term loan of USD 1.265 billion from banks in IFSC...
Dollar at 24-year peak to yen as U.S. yields jump; sterling on the ropesThe Japanese currency is particularly sensitive to the gap between U.S. and Japanese long-term bond yields. The benchmark 10-year Treasury ...
NSE launches weekly USD-INR futures contractsThe first day witnessed participation from 122 trading members, with volumes of 1.43 lakh contracts worth Rs 1,079.6 crore traded at the en...
NSE to launch weekly options on USD-INR on Dec 3The weekly derivatives contracts will help participants limit time-related premium costs.
NSE gets Sebi's go ahead to launch cross currency derivativesThe exchange can introduce cross currency derivatives (future and options) on pairs such as Euro (EUR)-US Dollar (USD), Pound Sterling (GBP...
- Rupee will be near 45 for some time
As the world tries to regain its balance after being hit by natural disasters and political upheavals and their impact on markets, India ha...