Indian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...

The Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...

Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...

Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...

The Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...

The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...

In a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...

In FY27, India's economy grapples with inflation that hits hardest in rural regions, where rising food prices become an urgent concern. The...

India is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...

Japan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. T...

The Japanese yen is nearing a critical 160 per dollar level, prompting warnings of decisive action from Tokyo. Meanwhile, the U.S. dollar i...

Heightened Middle East tensions, including Iranian attacks and U.S. strikes, propelled oil prices and boosted the dollar's safe-haven appea...

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taki...

The Indian rupee weakened by 29 paise to close at 95.27 against the dollar on Tuesday, pressured by foreign investor outflows and high crud...