The hidden financial curriculum of studying abroadIndian families often overlook financial planning while preparing for overseas education, despite its high cost. Early forex planning, comp...
Rupee weakness cushioned by central bank intervention, shorts grow waryThe Indian rupee ended the day with minimal fluctuations, influenced primarily by oil market dynamics and moves from the central bank. Stat...
Global Market |Bank of Japan signals vigilance on Yen weakness, keeps door open for rate hikesThe Bank of Japan monitors yen weakness closely, with Governor Kazuo Ueda highlighting its impact on import costs and inflation. While shor...
Dollar near two-month trough as US inflation data awaitedThe US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and ste...
Loans against FCNR B deposits exempt from priority sectorThe Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and N...
India not in favour of separate BRICS currency: Piyush GoyalBRICS group comprises 11 major emerging markets and developing countries of the world -- Brazil, China, Egypt, Ethiopia, India, Indonesia, ...
India's forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed the nation's reserves to their high...
SBI sees broad-based credit growth, sticks to 14-15% FY27 loan growth guidanceState Bank of India expects credit growth to remain broad-based across segments. The bank retained its loan growth guidance at fourteen to ...
RBI's FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billionThe Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...
Global Market: Japan reveals record $40 billion yen-buying intervention as currency pressure persistsJapan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciatio...
Yen and dollar drift on Iran deal concerns, payroll jittersOn Thursday, currency markets exhibited a sense of caution as traders monitored impending economic data. The Japanese yen battled to uphold...
No case for early closure or extension of swap window: RBIThe Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of paymen...
Plastic notes in India get a likely release date: Here's what RBI Governor saidPlastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of India is targeting this rollout after...
Yen finds footing after intervention, dollar near 6-week low on Mideast hopesCurrency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dolla...
Yen clings to intervention gains as traders stay alert to moreThe yen maintained intervention-driven gains after joint Tokyo and Washington action. Speculators are wary of rebuilding bearish positions,...
Global Market: Japan stocks slide as stronger Yen hits exporters; Nikkei drops Over 2%Japanese stocks tumbled as a sharp rally in the yen weighed on export-oriented companies, with the Nikkei falling over 2%. Auto and chip st...
Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...