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LOCAL CURRENCY RATING
Domestic SIPs power India's market resilience amidst FPI outflows: HDFC SecuritiesIndia is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-...
Waka Waka! Indian consumer giants seek to roar louder in AfricaIndian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a y...
Rupee ends a tad higher as oil slide, foreign inflows lift sentimentThe Indian rupee experienced a slight boost this week, driven by declining oil prices and the prospect of increased foreign investment. Alt...
RBI intervention steadies rupee, governor's rate comment pulls down hedging costsThe Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...
Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
Rupee records strongest week in 11 as bond inflows, softer oil prices lend supportThe Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and down...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
Rupee hits six-week high on RBI measures and dollar inflow hopesThe rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer c...
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
Rupee inches up, Iran deal longevity worries and hedging dragThe Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...
Rupee hits five-week high after oil plunges; traders eye further rallyThe Indian rupee strengthened against the U.S. dollar for a second day. This rise follows a drop in oil prices and measures by the Reserve ...
Hudco mulls $1 billion foreign debt under RBI forex swap facilityHudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...