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Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...- Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- Reliance secures record Japan financing after S&P upgrade to A-Reliance Industries Limited achieved a major milestone by securing the largest Samurai loan ever for an Indian company. It also completed t...
- IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
- Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
- Dollar eases as US-Iran deal hopes grow, yen driftsThe US dollar weakened against major currencies on Wednesday. This happened after the United States indicated it is close to an agreement w...
- Yen trims gains against dollar after Japan's intervention in marketsJapan's currency, the yen, saw a slight dip against the dollar on Friday. However, it is set for its strongest weekly rise in over two mont...
- Global Market: Asia shares find relief in tech resilience, oil off peakAsian markets rebounded as tech stocks rallied on strong earnings, while Japan intervened to support the yen after its slide. Oil prices ea...
- NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
- FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
- Dollar steady as traders fret about escalating Iran warThe dollar remained steady as the yen neared 160 against the dollar amid escalating Iran conflict. President Trump issued a Tuesday deadlin...
- Dollar holds firm as risk of protracted Middle East war saps sentimentGlobal markets are on edge as Middle East tensions escalate, pushing the U.S. dollar higher and weakening the Japanese yen past a critical ...
- Dollar at 24-year peak to yen as U.S. yields jump; sterling on the ropesThe Japanese currency is particularly sensitive to the gap between U.S. and Japanese long-term bond yields. The benchmark 10-year Treasury ...
- NSE launches weekly USD-INR futures contractsThe first day witnessed participation from 122 trading members, with volumes of 1.43 lakh contracts worth Rs 1,079.6 crore traded at the en...
- Dollar rallies after weakest month in a decadeThe dollar index, which measures the greenback against a basket of leading currencies, lost more than 4 per cent in July, its biggest month...
- NSE to launch weekly options on USD-INR on Dec 3The weekly derivatives contracts will help participants limit time-related premium costs.
- BSE to launch cross-currency derivatives, cross-rupee options on Feb 27The cross-currency derivatives contracts will be traded between 9 am and 7.30 pm.
- NSE gets Sebi's go ahead to launch cross currency derivativesThe exchange can introduce cross currency derivatives (future and options) on pairs such as Euro (EUR)-US Dollar (USD), Pound Sterling (GBP...
- Rupee will be near 45 for some timeAs the world tries to regain its balance after being hit by natural disasters and political upheavals and their impact on markets, India ha...
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