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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...- The Arctic is sitting on a 63-billion-ton carbon secret, and scientists are concernedBeneath the Arctic’s frozen surface lies a hidden carbon reserve of nearly 63 billion tons. As rising temperatures thaw ancient permafrost,...
- Maharashtra MLC polls: Rebel nominee defeats Sena in Nashik, BJP wins in Nanded, Chhatrapati SambhajinagarRebel BJP candidate Gokul Gite secured a surprise victory in the Nashik legislative council polls, defeating the ruling Shiv Sena nominee. ...
- Nayara Energy crosses 7,000 petrol pumps in IndiaNayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private f...
- BHEL, Coal India investing Rs 25,000 crore in Odisha coal gasification project: G Kishan ReddyA significant Rs 25,000 crore investment by BHEL and Coal India Limited is set to transform Odisha's coal sector. This ambitious project wi...
- Massive fire destroys resort in Dominican Republic, forces evacuation of almost 1,700 touristsA devastating fire ravaged a luxury resort in the Dominican Republic, forcing the evacuation of nearly 1,700 tourists. Reports indicate an ...
- 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 ...
- NYC Knicks Parade Food Deals Today: Where fans can score freebies, discounts and special offers at NBA championship celebrationThe Knicks Parade: New York City businesses are joining the Knicks' 53-year championship celebration with a wave of limited-time food deals...
- RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
- RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...
- 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...
- Rupee extends winning streak to 3rd day, settles at 94.56 vs USD amid oil slideThe Indian rupee strengthened for a third consecutive session, gaining 15 paise to close at 94.56 per US dollar in a range-bound trade. The...
- India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
- 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...
- 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...
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