Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike betsThe dollar has fallen back after peaking at an 18-month high, fueled by stronger than expected inflation data. Expectations of an October r...
WPI inflation quickens to 11.39% in September from 9.9% in AugustWholesale prices in India rose significantly to 11.39% in September, driven by rising fuel and food costs. Retail inflation also increased ...
Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA interventionThe Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority...
RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
Economists see food, oil stoking India’s September inflationIndia's consumer inflation is anticipated to rise as energy costs increased significantly during September. Brent crude surpassed $100 a ba...
Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
Rupee nears record low despite RBI hike, governor says markets can be irrationalThe Indian rupee has dipped to its lowest point in five months, following a recent interest rate hike by the Reserve Bank of India. Analyst...
New Zealand adds Bank of New Zealand (BNZ) to Funds Transfer Scheme for international studentsImmigration New Zealand has added Bank of New Zealand (BNZ) to its Funds Transfer Scheme, giving eligible international students at univers...
Double trouble at the dinner table: When will food prices normalise for Indians?India’s food inflation: Food prices are rising unevenly, impacting household budgets, while inflation is projected to persist in upcoming m...
Markets bet on RBI rate hike as inflation pressure buildsAs inflation concerns rise, investors are putting their faith in the Reserve Bank of India to implement an interest rate hike. A survey rev...
India bonds end choppy quarter at over 2-year lows as rate hike bets mountIndian government bonds closed the quarter at their weakest levels in more than two years. Fluctuations in oil prices and rising global yie...
Oil heads higher as US-Iran peace talks in stalemateOil prices experienced a rebound of more than 1% as geopolitical tensions in the Middle East persisted. Donald Trump rejected Iran's peace ...
India, Australia should deepen mutual recognition for seamless flow of CAs: Commerce Minister Piyush GoyalIndia and Australia are seeking to deepen mutual recognition agreements between their accounting bodies to facilitate migration. Both count...
Dollar set for weekly gains as yields surge, Fed bets buildThe dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipation...
Rupee slips as dollar gets Fed hike expectations tailwindOn September 23, the Indian rupee ended weaker at 95.74 against the dollar amid global financial trends. Expectations of further US Federal...
RBI bond sales, FX intervention help halve India's cash overhangSustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking...