ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...
Rupee falls 17 paise to 95.35 against US dollar in early tradeThe Indian rupee weakened by 17 paise to 95.35 against the US dollar in early trade on Monday, influenced by a strong dollar and geopolitic...
Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...
Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
Rupee rises 5 paise to 95.53 against US dollar in early tradeThe Indian Rupee gained ground against the US Dollar today. This rise follows an agreement between the US and Iran to extend a ceasefire. F...
'She forgot fourth F - falling private investment': Congress' dig at Sitharaman's '3Fs' callThe Congress party has responded to Finance Minister Nirmala Sitharaman's focus on fuel, fertiliser, and forex. Party leader Jairam Ramesh ...
Oil slump, central bank support manifest in rupee’s three-day winning streakThe Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank o...
Rupee finds some footing on dollar offers from state-run, foreign banksThe Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and forei...
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushionThe Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait ...
Rupee touches one-week high on report of RBI plan to ease oil refiners' dollar bidsThe rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on t...
Rupee falls 22 paise, up for second week as US-Iran ceasefire boosts sentimentThe Indian rupee closed out a second consecutive week of gains against the dollar, a feat it last achieved six months ago, supported by flo...
Rupee gains 33 paise to 92.85 against US dollar in early tradeThe rupee strengthened by 33 paise to 92.85 against the US dollar following RBI's tightened rules to curb speculative positions. Despite th...
Rupee heads for best monthly performance since Jan on portfolio inflowsThe Indian rupee is set for its largest monthly gain against the US dollar since January, thanks to continuous foreign equity inflows. The ...
Indian rupee firms on oil plunge, dollar demand caps rallyThe rupee ended at 79.71 per dollar, compared with its previous close of 79.90. The unit had strengthened to 79.66 during the session, lift...
- Heard on the Street: Pvt bank faces forex losses
A top private bank is contemplating complaining to the regulator against a public sector bank trader who is supposedly spreading rumours th...