India's $127 billion NRI deposits arm gives RBI more firepower, setting rupee up for rallyOn Thursday, predictions suggest that the Indian rupee will continue its upward trajectory. This optimism stems from substantial foreign cu...
'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'Russia and India have established a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six p...
Roubles and rupees: Russia says no more hurdles in payments with IndiaRussia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent...
RBI backstop keeps Indian rupee stable, blunting importer dollar demand impactThe Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...
Shadow lenders line up over Rs 10,000 crore in rupee bondsIn an exciting development, Indian shadow lenders are gearing up to raise a substantial sum of at least ten thousand crore rupees in the ne...
PM Modi urges Indians to avoid buying gold to curb trade deficit and support rupeePrime Minister Modi renewed his appeal for Indians to avoid buying gold unless necessary. This call aims to curb bullion demand and ease ec...
RBI intervention, dollar flows push Indian rupee to two-month peakThe Indian rupee surged to a two-month peak against the U.S. dollar, buoyed by decisive central bank interventions and dollars flowing in f...
Make in India achieved little but govt's 'Fake in India' continues: Cong on GDP numbersCongress leaders criticized the government's latest GDP numbers as statistical gymnastics. They claimed the "Make in India" initiative has ...
Fresh rupee deposit rates experience a notable drop this JulyFresh rupee term deposit rates saw a slight decrease in July. Outstanding rupee deposit rates, however, remained stable during the same per...
RBI's net short forward positions hit record $137 billion in JulyThe Reserve Bank of India's net short forward positions soared to a record high of $137 billion in July, driven by long-term swaps related ...
Rupee jumps to 4-week high, ends at 95.16 to the dollarThe Indian rupee appreciated by twenty-one paise against the dollar on Monday, surprising traders with the sudden influx related to equity ...
Foreign buying in Indian stocks hits 23-month high in August, RBI data showsIn August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two ye...
GRT Jewellers seeks control of Tribhovandas Bhimji Zaveri in up to $109 million dealGRT Jewellers will acquire a significant stake in Tribhovandas Bhimji Zaveri for over 10 billion rupees. This acquisition aims to expand GR...
India's fiscal deficit for April-July at Rs 4.55 lakh crore, narrows to 26.8% of FY27 aimIndia's fiscal deficit reached 4.55 lakh crore rupees through July. This figure represents 26.8% of the annual budget estimates for this ye...
India rupee hits near four-week high on equity-related flows, RBI support; logs monthly riseThe Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustmen...
Sebi plans bigger institutional role in public offers by small firms, sources sayIndia's market regulator is considering new rules for small business public offerings. These potential changes include quotas for instituti...
India can reach a $5.1 trillion economy by FY29 as growth strengthens: Omniscience CapitalIndia's economy could reach $5.1 trillion by FY29, according to OmniScience Capital. Stronger real growth and healthier balance sheets supp...