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Arvind Panagariya’s advice to RBI: ‘100 is just a number; let rupee depreciate or reserves will bleed out’Arvind Panagariya, Chairman of the 16th Finance Commission, advises the Reserve Bank of India to allow the Indian rupee to weaken. He belie...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul ThakkarIndian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to...
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...
International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...
Rising yields attract HNIs to bonds: Inside the new debt allocation strategyEven as this volatility spills over into equity markets, high net worth individuals (HNIs) and ultra HNIs (UHNIs) are not pulling back shar...
Reliance Industries shares rally 3%. How crude oil price impacts its marginReliance Industries shares jumped as brokerages said the recent selloff was overdone and noted the company could benefit from rising crude ...
USD vs INR: Is it the best time for NRIs to transfer money to India as Rupee falls below 90 per USD?The Indian rupee has hit a historic low against the US dollar, crossing 90. This presents a significant opportunity for Non-Resident Indian...
Looking to take your investments international? Why GIFT City should be your chosen gatewayOutbound investments at GIFT City, done through the liberalised remittance scheme, carry the additional benefit of INR depreciation over th...
What's behind the fiasco at IndusInd Bank?The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said all derivative...
Pakistan's Punjab govt asks Indian Sikhs to carry USD instead of INR during their visitIndian Sikhs visiting Pakistan's Punjab province for holy places are advised to carry US dollars instead of Indian currency. This advisory ...
India’s Green Hydrogen Push: What the government must focus on following the Union BudgetThe 2024 Union Budget of India designated INR 600 crore to the National Green Hydrogen Mission, aiming to enhance green hydrogen production...
Indian rupee is now aiming to be world’s alternate reserve currencyCurrently, India is the fastest growing major developing economy in the world. Very soon it is expected to be the third largest economy. Gl...
IPL 2024 in Iraq: Live updates, scores, highlights of Indian Premier League matchesIt is interesting to note that the auction for IPL 2024 was held in Dubai, for the first time since its beginning in 2008. The respective t...
Rupee hits two-week high, forward premiums choppy; volumes improveThe Indian rupee reached a two-week high, aided by dollar sales by a UK-headquartered bank, while forward premiums were off their highs fol...
Day trading guide for TuesdayThe index has immediate support at 12,800 levels as it is the confluence of the 80% retracement of the immediate previous up move (12,730-1...
What to make of the rupee’s growing strength? Don’t take it at face valueSecondly, there is no statistical significance to rupee’s cyclicality.
Rupee still looks bullish after FOMC meet
HSBC revises 2016-end forecast for USD-INR to 66 from 69According to HSBC, lower currency volatility has been an important attribute for the rupee and has had the positive effect of boosting conf...
How the falling Indian rupee can help NRIsFor every USD, Euro, GBP, the Kuwaiti dinar or any other appeciated currency sent to India, you will get more bang for the buck.