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CURRENCY DEPARTMENT
Jio IPO: Spectrum acquisition, among 7 risks investors need to know about India’s largest offerThe IPO comes at a time when Jio's operating performance remains robust. For the March quarter of FY26, the telecom giant reported a 13% ye...
India on track for $1 trillion exports in FY27: Piyush GoyalIndia is poised to hit its ambitious $1 trillion export goal by FY27, despite ongoing West Asia challenges, according to Commerce Minister ...
$320 billion danger: Jefferies warns 70 large EM funds are underweight IndiaDespite record FII outflows from Indian equities since September 2024, Jefferies said India remains a consensus underweight among emerging ...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
Gold slides 3% as Middle East escalation fuels inflation, rate-hike concernsGold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data...
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
Engineering exports rise to $122 billion, emerge as India's largest export segmentThis remarkable growth, driven by government support and a diversified product basket, highlights the sector's resilience and global compet...
Russia-India business dialogue at SPIEF: Energy, transport, information technology, science & education in focusRussia and India convened at SPIEF to boost economic ties. Discussions focused on joint projects in energy, transport, IT, science, and edu...
Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
Global Market Today: Asian stocks slip as AI rally stalls, oil steadiesAsian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significan...
Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
Reliance traders said to game plan in case RBI raises ratesReliance Industries' treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Rese...
Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
Dollar steady as traders await progress on Middle East peace talksThe US dollar held steady as global markets adopted a cautious stance. Investors are closely watching Middle East peace talks and upcoming ...
Treasury officials moot $250 note featuring Trump: ReportAmerica may soon see a USD 250 currency note with President Donald Trump's portrait. This move requires a new law from Congress. Officials ...