Searched for
FOREX EARNINGS
Consumer giants' forex earnings shine despite gobal woesLeading Indian manufacturers significantly increased exports in the last fiscal year. These companies collectively achieved net foreign exc...
NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...
Hawkish MPC, West Asia conflict cloud rupee, bond yield outlookIn light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears un...
Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
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 ...
Uflex shares surge 16% after Q1 profit zooms 630% YoYUflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs 5,366 crore...
RBI's $56.8 billion forex drive: How diaspora deposits reshape India's currency risk and balance sheetIndia's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...
European shares snap 4-week rally as higher oil prices temper strong earningsEuropean stock markets closed in the red on Friday, breaking a four-week winning streak. The rise in crude oil prices and escalating geopol...
The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
Tata Motors sells more in India, but JLR woes send profit crashing 80%Tata Motors Passenger Vehicles’ June-quarter net profit fell 80% to ₹775 crore as JLR faced supply disruptions and weaker volumes, while hi...
Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%Tata Motors PV Q1 Results: Tata Motors Passenger Vehicles on Thursday reported a consolidated net profit of Rs 775 crore for the April-June...
Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full storyFCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...
Q1 earnings show resilience as demand, cost headwinds prove less severe than expected: ICRAICRA said India Inc’s Q1 FY27 earnings began on a stronger-than-expected note, with revenue growth accelerating to 22%. Despite margin pres...
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan KumarCentral Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...
Bata India Q1 Results: Profit jumps 23% to Rs 64 crore on operational efficiencyBata India has reported a remarkable twenty-three percent increase in profits for the June quarter, thanks to effective operational efficie...
After a dash for hot dollars, India dives deep for sticky moneyThe government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it s...
Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
Global Market | Europe's STOXX 600 ends week at all-time high on earnings support, soft US jobs dataOn Friday, Europe's STOXX 600 index marked its fourth consecutive record closing, driven primarily by technology stocks that mirrored the s...
Divi's Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%The firm’s revenue from operations meanwhile rose around 28% YoY to Rs 3,080 crore in Q1 FY27, from Rs 2,410 crore reported in the year-ago...