FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...
India 10-year bond logs best close in 7 weeks as oil prices easeThe Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...
Sensex rises 395 points, Nifty closes above 23,200; broader markets outperformIndian stock markets closed higher on Tuesday, with Sensex and Nifty posting marginal gains as broader markets surged. The decline in oil p...
Sensex rises 395 points, Nifty closes above 23,200; broader markets outperformIndian stock markets closed higher on Tuesday, with Sensex and Nifty posting marginal gains as broader markets surged. The halt in Iran-Isr...
SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
Dollar hovers around two-month high as Iran-Israel truce hangs in balanceThe US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the ...
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
Fed Interest Rate cut prediction, date: What to expect from US Central Bank officials at Federal Reserve meeting?A number of Fed policymakers have begun to speculate that interest rates may need to rise to ensure that the central bank's key inflation ...
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...
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...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...
Revolut weighs secondary share sale at $115 billion valuationAny such deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identif...
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...