Wipro announced its largest-ever share buyback of Rs 15,000 crore at a 19% premium, despite lackluster Q4 earnings. The IT major's board ap...

Foreign investors face higher costs and complexity hedging against rupee swings due to India's forex rules. This, coupled with war-related ...

India's central bank is taking action to support the rupee. State-run oil refiners are being asked to use a special credit line for dollar ...

Shapoorji Pallonji Group is currently navigating a challenging landscape, requiring additional time to fulfill a significant bond repayment...

Indian stock markets and the rupee face potential downturns. Last week's gains were driven by a temporary truce impacting oil prices. The m...

India's Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengtheni...

Banks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India's $100 million net open position limit. T...

The Indian rupee gained for the fourth consecutive session on Wednesday, while forward premiums declined as a plunge in oil prices after th...

Pricing distortions stemming from the Indian central bank's recent foreign exchange curbs have opened up arbitrage between exchange-traded ...

The rupee saw a slight gain on Monday, trading within a narrow band as banks unwound arbitrage positions. Demand from importers and oil com...

The Indian rupee closed nearly unchanged on Monday, wedged between dollar sales spurred by the unwinding of arbitrage positions and importe...

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...

India'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...

The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the r...

The Reserve Bank of India's intervention to curb arbitrage trades has triggered a disorderly unwinding of bank positions, causing the rupee...

The Indian rupee fell to a record low for the third straight session on Monday, finding only fleeting relief from the central bank's tighte...

The Indian rupee is expected to rally as the Reserve Bank of India imposed curbs on onshore position limits, requiring banks to cap net ope...