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DOLLAR DEMAND INDIA
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
Axis Bank bets on data centres to gold loans to outpace industry credit growthAxis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowe...
Bitcoin tops $80,000 for first time since May as soft dollar, debasement fears boost momentumBitcoin surged above $80,000 to a more than three-month high, gaining 16% since last week and 28% in August. A weaker US dollar, softer bon...
Full flow FCNR deposits could hit $100 billion, beat estimatesStrong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...
ET WLF 2026: India likely to play a key role in the next industrial revolution, says Sir Ron KalifaIndia should aim to be a trusted global leader as the world redefines its economic order. The country has earned the right to set the pace ...
AI volumes may outweigh revenue deflation for IT sector by FY30: ReportCLSA said the industry is facing "multiple macro/micro headwinds", but expects AI to eventually create new growth opportunities. It said AI...
Gold regains momentum as weak dollar, safe haven demand and seasonal buying support pricesGold prices have surged sharply in August, supported by a weaker U.S. dollar, expectations of monetary easing, geopolitical tensions, and s...
Gold rallies to 3-month high on weaker dollar, bullish technicalsGold prices soared to a three-month high on Friday, marking its third consecutive weekly increase. This rally was driven by a softer U.S. d...
Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USDThe Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions ...
HDFC Bank's record dollar bond sale makes it top issuer under RBI windowHDFC Bank has achieved a remarkable feat by securing $1.75 billion through a dual-tranche dollar bond issuance, marking the largest single ...
Indian equity markets rally nearly 1% as dollar retreats and US bond yields coolThe Indian stock market rebounded on Thursday, marking the end of a downward trend. Major indices Nifty and Sensex enjoyed notable gains, s...
HDFC Bank raises record $1.75 billion in overseas bond saleHDFC Bank raised a record $1.75 billion through three- and five-year dollar bonds, marking the largest debt capital market raise by an Indi...
India bond yield curve flattens on central bank unpredictability, demand for long-term debtIndian bond yields are experiencing a flattening trend as the central bank's policy adjustments begin to influence borrowing costs. The Res...
D-Street poised for a positive start as GIFT Nifty trades firmly higherNifty declined for a seventh session, influenced by elevated crude oil prices. Analysts anticipate continued pressure due to global weaknes...
Rupee hits three-week low, traders wary about fall to 96/USD as RBI stands guardOn Wednesday, the Indian rupee hit its lowest point since late July, primarily due to high oil prices and sustained demand for the dollar. ...
Sabse bada rupaiya: India prints 3x more notes than the US, 6x more than EuropeIndia's rupee banknotes in circulation significantly outnumber US dollar and Euro notes. The Reserve Bank of India reports 176 billion rupe...
ICICI Bank raises $750 million as Indian banks tap dollar bond marketICICI Bank raised $750 million through five-year dollar bonds at 105 basis points over US Treasuries, marking its second dollar issuance in...
From kirana to currency: Small towns are scrambling for dollarsSmall towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...
RBI's heavy FX footprint revives memories of a tightly managed rupeeThe Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...
Rupee faces pressure as RBI defends 95.45 against dollar amid rising crude oil pricesThe Reserve Bank of India is defending the rupee at 95.45 against the dollar. Traders are closely watching crude oil prices amid West Asia ...