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INDIAN DOLLARS
RBI likely intervenes to support rupee, conducts swaps, traders sayThe Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
GIFT Nifty rises 100 points, hints at positive start; key trading cues for todayIndian markets closed higher on Tuesday, boosted by banking and financial stocks. The Reserve Bank of India's new forex swap facility eased...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
Gift Nifty hints at muted start for D-Street; key trading cues for todayIndian benchmark indices experienced a sharp sell-off on June 8, influenced by global market weakness, escalating geopolitical tensions, an...
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...
GIFT Nifty falls over 300 pts; here's trading setup for the dayIndian stock markets are set for a range-bound week. Investors are reacting to the RBI's updated economic forecasts and growing global risk...
Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themesMarcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. T...
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
Rupee falls amidst gulf tensions and rising oil pricesThe Indian rupee weakened against the US dollar on Wednesday. This decline was driven by escalating tensions in the Gulf region and a subse...