Rupee anchored by central bank hand, traders watchful of oil ructionsThe stability of the Indian rupee was evident on Monday, thanks to the proactive measures taken by the central bank. State-run banks active...
10 Aug, 2026, 12.39 PM IST
Rupee falls 8 paise to 95.25 against US dollar in early tradeThe rupee has fallen eight paise to 95.25 versus the US dollar as of Monday, influenced by a strengthening dollar and surging global crude ...
10 Aug, 2026, 10.00 AM IST
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
10 Aug, 2026, 08.36 AM IST
Loan book to cross Rs 2 lakh crore milestone in FY27: HUDCO CMDHousing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-fi...
09 Aug, 2026, 10.47 AM IST
India's forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed the nation's reserves to their high...
07 Aug, 2026, 05.29 PM IST
Audi India plans six new car launches in 18 months to revive sales, double luxury market shareAudi India is gearing up for a major rollout, unveiling six new models within the next eighteen months. Targeting a twofold increase in lux...
06 Aug, 2026, 08.30 AM IST
Liquidity to peak in Sept, but big surplus won't last long: RBIThe Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...
06 Aug, 2026, 01.05 AM IST
FCNR(B) is now Plan A for Gulf NRIs, leaving India-focused funds behindInvestment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guara...
05 Aug, 2026, 11.42 PM IST
Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says thisThe Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...
05 Aug, 2026, 12.43 PM IST
5 factors influencing how Indians choose to pay while travelling internationallyChoosing how to pay abroad can significantly affect the cost of an international trip. From forex markups and exchange rates to card accept...
04 Aug, 2026, 01.18 PM IST
Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early tradeThe rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dol...
04 Aug, 2026, 09.59 AM IST
RBI appoints Monisha Chakraborty as executive directorThe Reserve Bank of India has appointed Monisha Chakraborty as Executive Director. She will now oversee foreign exchange and financial mark...
03 Aug, 2026, 07.23 PM IST
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
03 Aug, 2026, 06.45 PM IST
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
03 Aug, 2026, 06.23 PM IST
Forex kitty grows $6 billion as dollar count risesIndia's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682....
01 Aug, 2026, 07.34 AM IST
Indian Oil raises $500 mn under RBI's concessional forex swap window, eyes moreIndian Oil Corporation secured five hundred million dollars through a special Reserve Bank of India swap facility. This concessional forex ...
31 Jul, 2026, 08.38 PM IST
India's forex reserves rise by $6.1 billion to two-month high of $682.35 billion as of July 24India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase brought the total reserves to $682.35 billion as of...
31 Jul, 2026, 06.02 PM IST