India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
13 May, 2026, 06.54 PM IST
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
11 May, 2026, 06.00 AM IST
It's not just war that brought rupee down, it needs better supportThe West Asia conflict has accelerated INR depreciation, necessitating a rethink of India's economic fundamentals. Short-term measures incl...
22 Apr, 2026, 06.24 AM IST
Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
13 Apr, 2026, 06.49 AM IST
Rupee falls 22 paise, up for second week as US-Iran ceasefire boosts sentimentThe Indian rupee closed out a second consecutive week of gains against the dollar, a feat it last achieved six months ago, supported by flo...
10 Apr, 2026, 03.51 PM IST
India FX curbs soften pressure on rupee even as offshore influence lingers, Axis' Gambhir saysThe Reserve Bank of India has tightened foreign exchange rules to shield the rupee from offshore market pressures, including capping banks'...
06 Apr, 2026, 11.43 AM IST
Rupee gains 33 paise to 92.85 against US dollar in early tradeThe rupee strengthened by 33 paise to 92.85 against the US dollar following RBI's tightened rules to curb speculative positions. Despite th...
06 Apr, 2026, 10.27 AM IST
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delaysBanks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could ...
06 Apr, 2026, 12.49 AM IST
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...
03 Apr, 2026, 03.30 PM IST
Rupee records sharpest rise in over 12 years after RBI’s tough crackdown on forex speculation: What lies ahead?The Indian rupee surged against the US dollar, marking its sharpest single-day gain in over 12 years, following the Reserve Bank of India's...
02 Apr, 2026, 01.58 PM IST
Why RBI is clamping down on FX arbitrageIndia's central bank has deployed crisis-era measures to stabilize the rupee, which hit an all-time low due to soaring oil prices and massi...
02 Apr, 2026, 12.36 PM IST
Bank stocks fall up to 4% as RBI's forex rules may deliver Rs 5,000 crore shockIndian bank stocks fell up to 4% as the Reserve Bank of India's aggressive currency defense measures threatened to cause losses of up to Rs...
02 Apr, 2026, 10.30 AM IST
Rupee sinks to fresh all-time low, breaches crucial 95 vs USD mark for first timeThe Indian rupee faced pressure on Monday. Corporates exploited arbitrage opportunities between onshore and non-deliverable forward markets...
30 Mar, 2026, 03.19 PM IST
Bank stocks fall up to 3% as RBI forex clampdown sparks Rs 4,000 crore loss fearsBanking stocks fell up to 3% after RBI imposed stricter forex position limits, raising concerns over potential mark-to-market losses of Rs ...
30 Mar, 2026, 10.13 AM IST
Explained: How RBI’s safety net to protect falling rupee could mean Rs 4,000 crore shock for banksThe Reserve Bank of India has stepped in to halt the rupee's fall. This move forces banks to unwind dollar positions, potentially leading t...
30 Mar, 2026, 09.51 AM IST
Banks seek relief on new forex cap amid loss riskBanks have urged the Reserve Bank of India to reconsider its $100 million net open foreign exchange position cap, warning of significant ma...
29 Mar, 2026, 01.42 PM IST
New RBI paper takes forward discussion on links between NDF, onshore forex marketThe NDF market essentially permits investors to trade in non- or partially convertible currencies (such as the Indian rupee) with the settl...
12 Aug, 2021, 09.25 PM IST