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JANANE VENKATRAMAN
Foreign investors flee Indian assets at record pace on oil shock, pummel rupeeForeign investors are pulling out of Indian bonds and equities at a record pace, as the Iran war-driven surge in oil prices fanned worries ...
India rupee gains for second straight day on RBI supportWednesday's intervention followed a familiar playbook that the RBI used repeatedly last year, when it stepped in aggressively to push the r...
Rupee ends marginally weaker, state-run banks' offers cap declineThe currency would have endured a steeper fall if not for dollar offers from state-run banks, traders said. The rupee had declined to its a...
Rupee ends tad lower tracking weakness in Asian peersTraders pointed to intermittent dollar sales from state-run banks that helped keep the rupee above its all-time low of 83.9725 hit earlier ...
MTNL deposits bond interest payout after government guarantee invocationMTNL had to deposit the interest for the semi-annual 7.59%, July 2034 bonds in the third-party escrow account 10 days ahead of the due date...
India's mineral production grows nearly 6% in JanuaryIndia, the world's second-largest coal user, generated record-high coal-fired electricity in January as rising demand for air conditioning ...
Rupee ends flat as importers' dollar demand erodes gains; Fed meeting minutes eyedThe Indian rupee ended little changed on Tuesday despite rising to its highest in nearly three weeks in the session as dollar demand from s...
Rupee posts biggest single-day gain in nearly 1-1/2 mths on dollar inflowsThe U.S. dollar index, which measures the currency against six developed-market counterparts, was down 0.25% at 103.06, below Friday's 10-w...
India's imports from China across at least 25 major commodity groups rise on yearIndia's imports from China in at least 25 major commodity groups increased in fiscal 2023, including consumer electronics, auto components,...
Teamlease Q1 Results: Profit drops again as rising costs, IT slowdown biteAnalysts have said the pushback in staffing contract rates and seasonal weakness in HR services have led to the moderation in revenue growt...
Dalmia Bharat posts 34% fall in Q1 profit on pricing concernsIndia's fourth-largest cement producer, Dalmia Bharat, reported its Q1 profit fell almost 34% because weak cement prices and higher levels ...
Indian rupee sees best week in five; traders await US jobs dataThe Indian rupee ended the week at 82.3050 against the US dollar, the highest since May 17, as investors increasingly bet on a rate pause b...
Rupee notches best week in 2-mths, forward premiums surgeThe rupee finished the session at over a one-month high of 81.3250 per dollar, versus its last close of 81.55.This was the local currency's...
Rupee rises after benign U.S. inflation print, forward premiums jumpA trader at the same bank pointed out that public sector banks bought dollars at the open, but it was difficult to confirm whether it was f...
Rupee rises on dollar index weakness; volatility remains mutedThe volume on the interbank order matching system was $4.6 billion, compared to $4.4 billion the day before and this month's daily average ...
India's FX reserves rise to $550 billion in week ended Nov. 25Since hitting an over two-year low of $524 billion in October, forex reserves have been rising as the dollar index fell off its peak. The R...
Bond yields rise as recent price rally seen overdoneThe decline in oil prices should support bond prices but we have seen selling pressure as traders felt that the rally was overdone, a treas...