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CURRENCY MANAGEMENT
Parliamentary Committee on Finance to examine 46 economic issues, including virtual digital assets, AI, in FY'27Parliament’s Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has selected 46 subjects for examination in 2026-27, incl...
Fitch maintains Ukraine at 'CCC', expects war to extend into 2027Fitch Ratings has kept Ukraine's long-term foreign-currency rating at 'CCC', indicating significant credit risk amid the ongoing war. The a...
RBI’s forward dollar sales surge to record $200 billion in AugustThe Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significan...
Infosys guidance shock may hit stock despite numbers bounceInfosys released its quarterly results, showing good revenue growth and stable operating margins. However, the management reduced the annua...
Small and midcap indices post worst weekly decline in two yearsMid-cap and small-cap stocks in India have faced major declines, indicating a shift in market sentiment. The Nifty MidCap 150 and Small-cap...
Kotak Mahindra Bank Q2 results preview: PAT may rise up to 32% YoY; margins, loan growth in focusKotak Mahindra Bank is likely to report significant year-on-year growth in net profit for Q2FY27. Brokerages estimate profit after tax to r...
International investing for Indians: Mutual funds, GIFT City or direct stocks?Indian investors have several ways to access global markets, from domestic international mutual funds and GIFT City-based funds to direct o...
Indian Bank raises deposit rates by 15 basis pointsIndian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk...
Global Market: China's yuan hits more than four-year high against dollarIn a remarkable turn of events, China's yuan has surged against the US dollar, hitting levels unseen in over four years. This strength is l...
Infosys Q2 results preview: Will the results provide oomph to surging IT stocks?Infosys is set to report an 11% rise in year-on-year revenues and an 8% increase in net profits. However, the company may lower its full-ye...
Systemic liquidity seen uneven as some banks continue market borrowingSeveral banks in India have been borrowing from the market despite substantial foreign currency non-resident deposits inflow. This situatio...
Global Market: ECB sees Euro liquidity support boosting global currency roleEuropean Central Bank Chief Economist Philip Lane stated that stronger euro liquidity facilities can enhance the currency's global role. Mo...
Global Market | Safe-haven assets under pressure: Dollar, Swiss franc, German bonds and gold in focusSafe-haven demand is shifting amid AI-driven market volatility, geopolitical tensions, rising energy prices and mounting government debt. T...
Yen jumps after JGB auction draws big demand, euro finds reliefThe yen experienced a notable rise against the dollar, driven by unprecedented demand for long-term Japanese government bonds. In France, c...
Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv SubbaraoD Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that...
Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concernsChina’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and impr...
Oil, foreign flows in focus for rupee; bond traders eye rate-hike betsDuring the upcoming holiday week, analysts predict the Indian rupee will remain steady, with oil price trends and foreign capital flows pla...
Rupee relief comes with disruptions in financial marketsThe Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to sky...
Some mutual fund houses stop fresh inflows into gold fund of fundsBid to Boost RupeeThis is part of a series of recent measures taken since last Saturday to arrest the rupee's slide. The currency, which re...
RBI issues clarifications on forex hedging curbsThe Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging r...