Rupee finally bounces back, closes at 93.90 on Friday, after hitting nearly 97/$ in May and OctThe rupee emerged as Asia's best-performing currency this week, strengthening to 93.90 against the dollar. Falling crude oil prices, nearly...
India's 10-year bond posts best week in 7 years, leads emerging Asia as oil slidesThis week, Indian government bonds saw a remarkable performance, outpacing other Asian markets as benchmark yields dropped significantly. F...
Indian rupee strengthens past 94/$ as oil slides, foreign inflows returnThe Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign infl...
Rupee falls 9 paise to 94.50 against US dollar in early tradeIn early trading on Friday, the rupee slipped by 9 paise to reach 94.50 against the US dollar, driven by a robust dollar and surging crude ...
India bonds emerge as top Asian performers as oil, Treasury yields declineThis week, Indian government bonds saw a positive trend following a Democratic win in the U.S. midterm elections. The reduction in oil pric...
Scrap, cut or tweak? Centre weighs options on LTCG, STT to stem foreign investor exodusThe Centre is weighing proposals to scrap or lower long-term capital gains tax and recalibrate securities transaction tax as it seeks to ad...
Sensex stages biggest rally since April as FIIs turn aggressive buyersForeign institutional investors significantly increased their purchases of Indian stocks, leading to substantial market gains. The BSE Sens...
Rupee finds its footing as oil worries cool, traders watch flow momentumThe Indian rupee climbed to its highest value in two weeks, following a notable fall in oil prices. This uplifting trend was mirrored by a ...
Rupee extends gains for fourth day, closes at 95.64The rupee closed at 95.64 on Wednesday, modestly stronger from its previous close of 95.75 after going through a choppy session post the US...
Pull it, not just for better FPIs: Scrap FPI capital gains tax to boost inflows, strengthen rupee and cut fiscal deficitScrapping the long-term capital gains tax could significantly enhance foreign portfolio investment in India. This move would likely lead to...
Rupee gains 17 paise to settle at 94.58 against Us dollarThe Indian rupee appreciated for the second consecutive session, closing 17 paise higher against the US dollar. Easing crude oil prices and...
Trump's loss in US midterms hands Indian gold buyers new setup before DhanterasGold prices surged over 2% on Wednesday, with a weaker US dollar and lower Treasury yields supporting the rally after Democrats made gains ...
Rupee nudges higher, forward premiums dip with focus on US midterm, oil movesOn Tuesday, the Indian rupee gained slightly against the dollar, closing at 94.74 per dollar. This change occurred as investors awaited the...
$64 billion out, $5 billion in? Why LTCG tax cut may not be enough to bring FIIs backA reassessment of long-term capital gains tax is underway as foreign investors continue their significant selloff from Indian equities. Ana...
Rupee ends flat at 94.90 despite fall in oil pricesThe Indian rupee closed at 94.90, witnessing a range from 95.03 to 94.69. Market participants remained on edge with the US midterm election...
Rupee ends little changed as traders stay cautious despite oil, dollar dropThe Indian rupee closed at 94.90 per dollar, trimming its earlier advances. Despite lower oil prices and a softening dollar, the rupee stru...
Rupee rises 7 paise to 95.19 against US dollar in early tradeThe rupee appreciated by 7 paise, settling at 95.19 against the US dollar, influenced by a declining dollar. Brent crude's lower trading pr...