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RUPEE EXCHANGE RATE
India's 7.8% growth, yet no foreign trips, no gold: Sridhar Vembu explains Modi’s messageWith India's robust economic expansion comes a pressing need to manage foreign exchange effectively. Zoho's Sridhar Vembu emphasizes that a...
Rupee falls 2 paise to 94.97 against US dollar in early tradeThe Indian rupee slipped further in early trading on Wednesday amidst signs of escalating tensions between the US and Iran, coupled with so...
D-St set for a negative opening as GIFT Nifty signals weak startDespite facing some challenges, Indian benchmark indices closed just above twenty-four thousand. The weight of elevated crude oil prices an...
Rupee closes at near 2-month high of 94.95 to the dollarOn Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and centra...
- Can a right to collect toll become taxable payment? The GST question
A Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
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...
Coinbase's India return: How a bespoke rupee on-ramp changes the game for foreign exchangesOperating under a fresh local entity fully registered with India's Financial Intelligence Unit (FIU-IND) and compliant with local tax frame...
India's strong economic momentum continues despite global uncertainties, says Chief Economic AdviserIndia's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...
RBI is showing up whenever rupee weakens in intervention shiftIndia's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...
ETMarkets Smart Talk | Two-year market consolidation may set stage for next bull run: UTI AMC’s Ajay TyagiTyagi, however, remains cautious on pockets of the mid- and small-cap universe, where valuations are above long-term averages. He sees larg...
Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for manyThe rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
Full flow FCNR deposits could hit $100 billion, beat estimatesStrong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...
Hawkish MPC, West Asia conflict cloud rupee, bond yield outlookIn light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears un...
India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
Rupee rises 17 paise to 95.56 against US dollar in early tradeDuring early trading on Thursday, the rupee showed resilience, strengthening against the US dollar as a result of the US Treasury's unexpec...
Rupee hits three-week low, traders wary about fall to 96/USD as RBI stands guardOn Wednesday, the Indian rupee hit its lowest point since late July, primarily due to high oil prices and sustained demand for the dollar. ...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
RBI's heavy FX footprint revives memories of a tightly managed rupeeThe Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...
Rupee holds steady at 95.44 amidst RBI interventionThe Indian rupee remained stable on Thursday, closing near its previous level. Dollar sales by the Reserve Bank of India kept the local uni...