Searched for
DHANYA ANN THOPPIL
Rupee closes stronger, outperforms major Asian peers in JanuaryThe local currency logged a 0.2% increase in January, marking its strongest monthly rise since June 2023. The rupee's Asian peers were down...
Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
Rupee rises on drop in US yields but lags rally in Asian peersAsian currencies were up sharply, led by the Malaysian ringgit and Korean won, but the rupee was a laggard amid persistent U.S. dollar dema...
European shares gain ahead of US inflation data, ECB policy meetEuropean shares rose on Monday as investors looked forward to a crucial U.S. inflation reading as well as a monetary policy decision from t...
Mahindra's EV unit raises $145 million from TemasekTemasek will take up to a 3% stake in the company, which last year raised up to $250 million from British International Investments (BII) a...
India's Vedanta CFO Sonal Shrivastava says confident of meeting debt maturities in FY24The company is committed to reducing debt as its "high-quality" assets continue to generate a healthy cash flow, Sonal Shrivastava said in ...
Angel One shares slip 5% after NSE slaps penaltyFurther, the NSE ordered the company to inspect all its existing authorised persons (APs) and submit reports on the inspection and investor...
Shriram Finance looking to sell 15% stake in housing arm - sourcesShriram Housing Finance is a unit of Shriram Finance, one of India's largest non-banking finance companies formed by the merger of Shriram ...
India bond yields dip tracking U.S. peers, flatlines for weekThe yield on two-year bonds has slipped 25 bps to 4.82% since Wednesday's close, while that on the 10-year paper fell 12 bps to 3.85%
Rupee edges higher on improving risk sentimentOutlook on the currency brightened a little after data on Wednesday showed India's trade deficit in January shrank to a one-year low, promp...
India securities tribunal gives relief to NSE in colocation caseThe Securities Appellate Tribunal (SAT) ordered the country's largest exchange to pay a penalty of 1 billion rupees ($12.3 million) for the...
Indian rupee falls to 81.60/USD on suspected RBI dollar purchasesThe rupee was at the day's low of 81.60 to the dollar, down from 81.3250 in the previous session. The local currency had opened at 81.2425....
Cyient Q3 Results: Revenue jumps 37% QoQ as acquisitions pay offThe Hyderabad-based company benefited from the four acquisitions it did last year, including its largest ever of Finnish engineering servic...
India govt to take final call on selling wheat in open market in 10 days - sourcesThe intervention is being planned by the government via its open market sale programme, which it uses to sell grains at a pre-determined pr...
Rupee weakens on corporate dollar demand; premiums fallCash dollar outflows by a large corporate kept the USD/INR pair well bid, a trader said. For a cash dollar outflow, a company would have to...
Rupee slips on safe-haven dollar demand, Fed minutes in focusConcerns over China's economic outlook dampened risk appetite, boosting demand for the safe-haven dollar. The dollar index climbed 0.8% to ...
Rupee drops in line with Asian FX, corporate dollar demand seenThere is a huge cash dollar demand in both the spot and forwards markets, a trader with a private said, adding that foreign banks are likel...
Rupee posts best weekly performance in about 4 years; premiums riseThe data made it highly likely that the Fed will deliver a smaller sized rate hike at its next meeting. Fed futures now assign a near 85% p...
Rupee firms as risk assets gain ahead of Fed meetingThe Chinese yuan reversed earlier losses to surge, pulling up most of Asian emerging currencies along with it, as the dollar index fell 0.5...
Bond yields drop as oil plunges to 7-month lowThe benchmark 10-year government bond yield was at 7.1372% as of 0445 GMT. The yield had ended at 7.1844% on Wednesday. The 10-year 7.26% 2...