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EMERGING CURRENCIES
Hexaware to invest Rs 310 crore to expand UK operationsThe move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D...
RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...
RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...
Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfoliosIndian economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presen...
Dollar on the defensive ahead of first Fed decision under WarshThe dollar weakened ahead of the Federal Reserve's policy decision, with optimism over a U.S.-Iran peace deal boosting risk appetite. The y...
Rupee rises for a 3rd day as crude fallsThe Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil pr...
Rupee extends winning streak to 3rd day, settles at 94.56 vs USD amid oil slideThe Indian rupee strengthened for a third consecutive session, gaining 15 paise to close at 94.56 per US dollar in a range-bound trade. The...
$320 billion danger: Jefferies warns 70 large EM funds are underweight IndiaDespite record FII outflows from Indian equities since September 2024, Jefferies said India remains a consensus underweight among emerging ...
Emerging market bets split as global rate paths divergeInvestors are changing their strategies in emerging markets. Central banks in Indonesia, Hungary, and Poland are making different moves on ...
Bulls return to banks on RBI's FCNR(B) initiativeTraders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI's foreign currency borrowing measures boost l...
World's hottest stock market turns focus to MSCI momentSouth Korea's stock market is nearing a significant milestone. Investors are watching for a potential upgrade to developed-market status by...
FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of JuneForeign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
BSF & BGB committed to maintaining peace along Indo-Bangladesh borderIndia's Border Security Force and Border Guard Bangladesh concluded their annual meeting. Both forces committed to peace and stability alon...
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...
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...