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DOMESTIC CURRENCY
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...
If you only own Indian stocks, what are you missing?Indian investors may hold stocks across several companies yet remain concentrated in a single market. With India accounting for around 3% o...
China's central bank to boost support for global investors in financial marketsChina's central bank plans to improve access for global investors and issuers to its financial markets by strengthening cross-border financ...
India wants to promote rupee trade settlement to help partner facing hard currency shortage: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman said India is promoting rupee and local-currency trade settlements to help countries facing hard-curren...
World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
Rupee rises 20 paise to 94.79 against US dollar in early tradeThe rupee reached 94.79 against the US dollar following structural forex interventions by the Reserve Bank of India. Elevated crude oil pri...
Global Market: Yuan holds steady, set for third weekly gain on robust Chinese exportsChina’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its...
China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
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...
Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead?The Indian rupee strengthened 177 paise against the US dollar in two days to 94.06 following aggressive RBI market interventions. Key steps...
Global Market: China’s yuan firms as investors await US CPI data, assess inflationChina’s yuan edged higher against the dollar as investors assessed mixed inflation data and awaited US consumer price figures. Rising produ...
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FMFinance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that th...
Nifty 50 at 26,500 in 4-5 months? Monarch Networth CEO points to 3 key triggersNifty 50 could reach 26,000-26,500 within four to five months, driven by cooling US Treasury yields, dollar weakness, and FII short coverin...
SBI Research calls for abolition of LTCG tax on equities to boost foreign capital inflowsAccording to SBI Research, removing the long-term capital gains tax on equities could revitalize investment levels. The report emphasizes e...
Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
FII ownership hits 17-year low, but foreign holdings in Indian equities rise 3.6 times to $783 billion: ReportForeign investor ownership in Indian equities has fallen to a 17-year low of 15.1%, but the absolute value of holdings has risen to around ...
Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...