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INDIAN RUPEE TRADE SETTLEMENT
Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreatThe Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand driven by ...
Cheaper oil, RBI support fail to lift rupee amid dollar demandThe Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign b...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities rallied as easing Middle East tensions pushed crude prices lower and dovish Fed remarks boosted sentiment. Sensex gained ne...
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
Rupee bounce fizzles as RBI intervention thins, arbitrage flows pick upThe Indian rupee reversed early gains on Thursday, succumbing to dollar demand from arbitrage trades as central bank intervention eased. Af...
Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloffIndian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil ...
Rupee logs sharpest fall since June 8, ends at 95.24 against dollarThe Indian rupee weakened significantly, crossing the 95 per dollar mark for the first time in almost a month. This decline occurred ahead ...
UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...
NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
Japan’s rush to India: The big story behind the Modi-Takaichi summitJapanese Prime Minister Sanae Takaichi's India visit comes as Japanese investments accelerate across banking, manufacturing, infrastructure...
NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
India bonds rise as index-entry hopes counter rise in US yieldsIndian government bonds saw gains as anticipation of Bloomberg index inclusion and improved liquidity bolstered prices. Despite higher U.S....
Clearing Corporation of India receives European Securities authority recognitionThe European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...
Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
How Delta Exchange India makes crypto trading simple and affordableCrypto trading is booming in India's smaller cities, with Delta Exchange India emerging as a key player. The platform offers low fees, full...
Markets poised for a cautious start as GIFT Nifty trades flatIndian markets ended Thursday on a high note, with the Nifty 50 climbing nearly 1% from its lowest point. This positive momentum was fueled...
Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...