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RUPEE SUPPORT
RBI's FCNR, forex schemes draw $40.81 billion in inflows so farSignificant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India f...
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...
State Bank of India's perpetual bond demand seen spurring more issuances, bankers sayState Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders prepa...
Rupee posts strongest week since March on RBI supportThe Indian rupee finished Friday on a strong note, marking its most significant weekly increase since March, thanks to continuous support f...
Vedanta names Arun Misra as CEO, Q1 profit jumpsVedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reach...
Rupee ends nearly flat at 95.68 vs USD, wedged between oil swings, RBI interventionOn Thursday, the Indian rupee remained stable, closing at approximately 95.68 against the dollar. The currency faced pressure due to fluctu...
RBI sold about $7 billion to defend rupee on FridayIndia's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency...
$32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
D-St set for a muted opening as GIFT Nifty signals weak startIndian equity markets opened yesterday with a strong gap-up and extended gains throughout the session. The Indian Rupee appreciated from lo...
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 ...
Marvell Technology to invest $250 million in India, double headcountMarvell Technology will invest $250 million in India over three years. The firm plans to double its India headcount and expand offices. Thi...
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...
Rupee cushioned by state-run bank dollar offers as futures expiry bitesThe Indian rupee strengthened on Wednesday as banks sold dollars. Dollar demand from futures expiry exerted some pressure on the currency. ...
Rupee rises 5 paise to 95.77 against US dollar in early tradeThe rupee strengthened by five paise to 95.77 against the US dollar on Wednesday. This appreciation marks the fourth consecutive day of gai...
Rupee strengthens as crude oil prices fallThe Indian rupee strengthened against the dollar on Tuesday, closing at 95.84 per dollar. This gain followed a sharp rise on Monday, suppor...
D-St set for a positive opening as GIFT Nifty signals firm startIndian stock markets experienced a muted trading session on Tuesday. The Sensex and Nifty indices erased early gains to close in the red. B...
Govt companies request RBI to extend concessional forex swap by three monthsPublic sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar cost...
Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impactOn Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank...
Rupee nears record low amid rising oil prices and geopolitical risksThe Indian rupee is nearing a record low against the dollar this week. Elevated oil prices and geopolitical tensions are increasing pressur...
Rupee hits day’s low against US dollar, recovers on RBI supportThe Reserve Bank of India's interventions prevented the rupee from falling to a new record low. State-run banks sold dollars, and foreign i...