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FOREIGN EXCHANGE INFLOWS
Transrail Lighting shares rally 9% after bagging orders worth Rs 927 croreTransrail Lighting shares rose nearly 9% after the company secured fresh orders worth Rs 927 crore, taking its financial year order intake ...
Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressureThe Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collec...
India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expertIndia needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be...
India's forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBIIndia’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the...
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...
HDFC, ICICI Prudential, Tata Mutual Fund halt fresh investments in gold ETF FoFs ahead of festive seasonTata Mutual Fund, HDFC Mutual Fund and ICICI Prudential Asset Management Company have restricted fresh investments in their gold fund-of-fu...
Demand for bank loans rises amid hardening yieldsCanara Bank and Indian Bank reported a total corporate loan pipeline of ₹1.10 lakh crore between them. The banks are experiencing steady cr...
India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...
Canara Bank has Rs 47000 crore corporate loan pipelineCanara Bank has a corporate loan pipeline totaling Rs 47,000 crore amid rising demand from Indian companies. The bank expects credit growth...
India’s hidden gold chest is giving imported bullion a run for its moneySoaring gold prices are prompting Indians to exchange old jewellery for new designs this festive season rather than cut back on purchases. ...
Can RBI’s six forex measures help stabilise the rupee?The Reserve Bank of India has introduced several measures aimed at stabilizing the value of the rupee. These steps have successfully lifted...
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...
India’s rupee defence raises question of how far RBI will goThe Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dolla...
RBI to conduct Rs 25,000 cr OMO sale auction of government securities on Oct 13On October 13, the Reserve Bank of India plans to auction government securities valued at Rs 25,000 crore. This operation will present six ...
FM Nirmala Sitharaman meets Singapore President, PM; discuss strengthening bilateral cooperationFinance Minister Nirmala Sitharaman visited Singapore from October 9 to 11 for official discussions. She met President Tharman Shanmugaratn...
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
Reserves drop as FCNR inflows dry, RBI dollar sales continueReserves have fallen to $734.6 billion in the week ended October 2, the fourth consecutive week of fall and down from a recent peak of $785...
Rupee nears record low despite RBI hike, governor says markets can be irrationalThe Indian rupee has dipped to its lowest point in five months, following a recent interest rate hike by the Reserve Bank of India. Analyst...
FCNR inflows cushion rupee, BoP; FII flows crucial for sustained external stability: ReportForeign currency non-resident inflows have significantly bolstered rupee stability and India's balance of payments. However, the current su...