Air India plans to downsize with owner Tata balking at lossesAir India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Ta...
12 Jun, 2026, 05.41 PM IST
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
11 Jun, 2026, 09.02 PM IST
Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersIndian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked inv...
11 Jun, 2026, 03.43 PM IST
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...
11 Jun, 2026, 01.22 PM IST
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
10 Jun, 2026, 02.27 PM IST
Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal OswalThe Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...
10 Jun, 2026, 01.38 PM IST
A $6 billion share sale wave in India signals deals perking upIndia's equity markets are poised for a busy period with over $6.3 billion in offerings expected in two months. This surge follows a subdue...
10 Jun, 2026, 08.18 AM IST
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
09 Jun, 2026, 10.52 AM IST
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
08 Jun, 2026, 04.44 PM IST
Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...
06 Jun, 2026, 10.18 AM IST
RBI MPC June meet 2026: What's cheaper and what's costlierThe Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy pr...
05 Jun, 2026, 12.00 PM IST
Currency, bond markets await RBI cues from MPC meetThe Indian rupee and benchmark bond yields traded narrowly on Thursday ahead of Friday's policy rate decision and potential currency suppor...
05 Jun, 2026, 06.10 AM IST
Rupee closes at 95.78 vs USD ahead of crucial central bank rate reviewThe Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures ...
04 Jun, 2026, 03.52 PM IST
Rupee could fall to 98/USD by July amid energy crisis, BofA Securities exec saysThe Indian rupee faces a potential record low of 98 against the dollar by July due to the Middle East energy shock, impacting domestic asse...
03 Jun, 2026, 11.51 AM IST
Rupee slips 29 paise to 95.27, RBI steps in to arrest slideThe Indian rupee weakened by 29 paise to close at 95.27 against the dollar on Tuesday, pressured by foreign investor outflows and high crud...
03 Jun, 2026, 05.47 AM IST
RBI contains rupee's fall, shrinks dollar-rupee forward premiumsThe Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interv...
02 Jun, 2026, 04.25 PM IST
PSB dollar sales help rupee close flat at 95The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are...
02 Jun, 2026, 05.31 AM IST