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CURRENCY STRENGTHENING
Motilal Oswal calls Bloomberg delay on India G-Secs a "temporary operational pause," expects inclusion within monthsMotilal Oswal believes Bloomberg's G-Sec inclusion delay is a temporary pause. He cited operational issues and foreign investor onboarding ...
Rupee gains 30 paise to touch monthly highThe Indian rupee closed at 95.38 on Friday, strengthening significantly. Persistent Reserve Bank of India interventions and lower oil price...
IndiGo to discontinue wide-body operations effective October 25, end Norse Atlantic leaseIndiGo will end wide-body flights by October 2026, citing geopolitical challenges. Damp lease agreements with Norse Atlantic Airways will c...
RBI asks banks to install fake currency detection machines at branches along international bordersThe Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note ...
Global Market | A history of Japan's biggest interventions to support the yenThe Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese a...
Global Market: Weak yen lifts Japan's forex reserve surplus to $31 billion in FY25Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on re...
Global Market: BOJ keeps rates unchanged, signals readiness for further hikes as yen remains under pressureThe Bank of Japan maintained its key interest rate at 1% on Friday. This decision followed government intervention to support the weakening...
Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...
Rupee rises for the third day to a near 3-week highThe rupee strengthened for a third consecutive day, reaching a near three-week high. Dollar sales by foreign and state-run banks aided the ...
Rupee firms, volatility expectations tick up heading into Fed decisionOn Wednesday, the Indian rupee hit a three-week peak as local stocks surged, with traders adjusting their positions ahead of the Federal Re...
UPI now accepted for online Burj Khalifa bookings before Indians arrive in Dubai; first for UAE attractionIndian travellers can now book Burj Khalifa tickets online using UPI. This integration makes the Dubai attraction the first in the UAE to a...
Dollar holds steady as Fed decision loomsThe U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later...
UCO Bank plans $500-million overseas fundraiseUCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...
Rupee clings to two-week high as oil slides, intervention helps cement riseThe Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline in oil pric...
IndiGo bets on India's aviation boom despite West Asia turbulence, oil price risksIndiGo expects strong air travel growth despite geopolitical tensions and volatile fuel prices. Rising incomes and urbanisation will power ...
Lower crude, firmer rupee and easing volatility drive sharp rebound in Indian equitiesIndian stocks and currency surged significantly on Monday after crude oil prices collapsed. The BSE Sensex and NSE Nifty both saw substanti...
Q1 Results today: Coal India, Tata Power, BEL, Coforge, among 68 companies to announce earningsThe Q1 FY27 earnings season gathers pace on Monday, with 68 companies set to announce their April-June quarter results. Key names on the ra...
More banks may join overseas bond run after ICICI Bank’s bumper dollar bond saleICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...
FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency riskFCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...
Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...