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CURRENCY DECLINE
Indian rupee also gains big against the US dollarIn a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...
Peaccemeal cheers bulls as Dalal Street logs biggest gains in over 2 monthsIn a remarkable turnaround, Indian stock markets soared on Friday, with major indices climbing over two percent, their highest gains in the...
India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
Rupee rallies as oil slump sparks unwinding of dollar longsThe Indian rupee experienced a robust uptick against the dollar on Friday, sparked by newfound optimism regarding peace talks between the U...
Investors fret about rates and dollar, cut back on gold, silverInvestors in gold and silver might be in for a rocky ride ahead. Experts caution that the meteoric rise seen last year is unlikely to repea...
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...
Are mutual fund investors losing interest in gold ETFs and multi asset allocation funds?Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with gold ETFs seeing a net outflow of ...
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
Global markets: Japan's Nikkei slumps, yen trades above 160 level on tech, Gulf concernsJapan's Nikkei share average experienced its biggest drop in three months. The yen also weakened significantly against the dollar. Concerns...
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
Gold price target prediction: What could be likely gold rate throughout 2026?Gold rate: Three main factors stand out, namely increased central bank purchases, strong retail demand by the top two buyers China and Indi...
Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...
Global Market: Japan warns against excessive currency volatility as Yen nears key thresholdJapan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. T...
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
Rupee falls amidst gulf tensions and rising oil pricesThe Indian rupee weakened against the US dollar on Wednesday. This decline was driven by escalating tensions in the Gulf region and a subse...
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...