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INDIAN CURRENCY
India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...- Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated t...
- RBI backs crypto ban, tax department warns of evasion risks, documents showIndia's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets an...
- FCNR(B) FD vs NRE FD: Where can NRIs earn more on $50,000 investment? Compare returns, currency risk and tax benefitsNon-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...
- Parliamentary panel to review self-reliance, modernisation of Defence Public Sector Undertakings briefing todayThe Defence committee will meet to discuss defence public sector undertaking transformation. Earlier, the Finance committee reviewed digita...
- Rupee rallies 50 paise as cheaper crude lifts sentimentThe Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude ...
- Till India's debt market do us partThe Indian capital markets are undergoing a transformation with an increase in overseas debt and equity investments, fostering greater stru...
- Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shortsOn Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar selling activity...
- Rupee rises 15 paise to 95.28 against US dollar in early tradeThe Indian rupee gained fifteen paise against the US dollar in early trade. Saudi Arabia's significant slash in August crude oil prices for...
- D-St set for a positive opening as GIFT Nifty signals firm startIndian equity markets concluded Monday's trading session on a higher note. The Nifty index experienced a gain of 0.7 percent during the day...
- Rupee hits three-week low as higher dollar demand weighsThe rupee weakened 20 paise to a three-week low of 95.39 against the dollar on Monday. Higher dollar demand, fresh arbitrage activity betwe...
- Rupee hits three-week low at 95.39 vs USD as firmer dollar, NDF maturities pinchThe Indian rupee touched a three-week low against the dollar on Monday, influenced by a stronger greenback and demand for foreign currency....
- Indian diaspora in Indonesia anticipates boost in tech, healthcare ties during PM Modi's visitPrime Minister Narendra Modi is on a three-day official visit to Indonesia, aiming to strengthen bilateral ties and their comprehensive str...
- Indian banks slash short-term debt sales on cheaper forex fundingIndian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driv...
- Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertaintyIndia's Information Technology (IT) companies are expected to report another quarter of subdued earnings growth despite seasonal strength, ...
- Rupee ends losing run on whiff of FPI flows into stocksThe Indian rupee strengthened on Friday, ending its four-day decline to close at 94.21 against the dollar. This recovery was fueled by mode...
- Cheaper oil, RBI support fail to lift rupee amid dollar demandThe Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign b...
- NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
- Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
- Global funds revisit Indian stocks as oil, rupee risks recedeGlobal fund managers are reconsidering their exit from Indian stocks as falling oil prices and rupee stabilization ease key investment conc...
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