Weakening currency: RBI weighs measures including rate hike to stabilise rupeeThe Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential i...
That sinking feeling: Rupee@100 is a mental fear, not macro nightmareThe rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of...
RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
Global funds ready for further Rupee weakness with 100 in sightGlobal investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven...
Foreign universities drive hiring boom in IndiaIndia's educational landscape is on the cusp of transformation as NEP 2020 invites a host of foreign universities to set up campuses here. ...
US stocks today: S&P 500, Nasdaq retreat as mounting U.S.-Iran tensions dampen sentimentWall Street indices eased from record highs as renewed U.S.-Iran tensions overshadowed a strong previous week. Oil prices jumped, boosting ...
FIIs grow more wary of India as FX curbs hit bonds, earnings risks haunt equitiesForeign investors face higher costs and complexity hedging against rupee swings due to India's forex rules. This, coupled with war-related ...
Another popular Scottish city set to introduce tourist tax from 2027Aberdeen is set to introduce a 7% tourist tax from April 2027, joining Edinburgh and Glasgow in levying visitors. The tax, applicable to ov...
Hibernian finalise pre-contract deal to sign Aberdeen midfielder Jamie McGrath for four yearsHibernian have secured Jamie McGrath on a four-year deal from Aberdeen. The 28-year-old Republic of Ireland international, a regular in the...
Aberdeen Goalkeeper Joe Lewis departs after seven years, Manager Barry Robson pays tributeLewis played a pivotal role in Aberdeen's achievements, notably appearing in three cup finals. His exceptional displays on the field earned...
To 'e' or not to 'e'? Call us Abrdn, says UK asset manager Standard Life AberdeenThe new name, unveiled on Monday, will still be pronounced "Aberdeen" and comes after the company sold its Standard Life brand to life insu...
'We expect earnings to strengthen from here': Adrian Lim, Aberdeen Asset ManagementIndia's fundamentals look relatively attractive despite valuations not being cheap, said Adrian Lim, senior investment manager at Aberdeen ...
Aberdeen positive on India from 10-year view; top 10 stock holdings of fundAberdeen is one of the largest foreign institutional investor investing in the Indian equity market. Its India fund has an asset base of $7...
Aberdeen reduces stake in Infosys, sells 56.26 lakh sharesAberdeen Asset Management Asia has reduced its shareholding in Infosys by selling 56.26 lakh shares in the country's second-largest softwar...
Reprive to Aberdeen likely to improve mood of money managers: A look at its India playAberdeen's decision to move the court comes at a time when it's battling redemption pressure from global investors.
Software outsourcer Satyam Computer settles with Aberdeen for $68 mn in accounting fraud claimSatyam has agreed to pay $68 million to Aberdeen Asset Management and 22 other funds towards claims arising from accounting fraud.
- Aberdeen seeks $150 million in damages from Satyam; stock falls
The charges were in connection with losses Aberdeen Asset Management allegedly suffered on account of the 2009 fraud perpetrated by erstwhi...