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Rupee's forex boost fades fast, may trade at 96 levelsThe Indian rupee has weakened against the US dollar after recent gains. Renewed US-Iran tensions have pushed crude oil prices higher global...
Samsung Electronics family to sell $1.2 billion stake amid share rallyExperts view the sale by Lee's sisters Lee Boo-jin and Lee Seo-hyun and his mother, Hong Ra-hee, as part of the owner family's efforts to s...
Rupee weakens to 86.02 amid equity outflows and Central Bank reviewThe Indian rupee weakened to 86.02 against the dollar on Wednesday, eventually settling at 85.90, influenced by equity outflows and NDF pos...
What led to rupee becoming Asia's worst performing currency in May?The Indian rupee experienced a decline in May, becoming the worst-performing Asian currency due to tariff uncertainties, border tensions, a...
Rupee weakens as Trump’s tariffs hit Indian exportsThe Indian rupee opened at 85.77/$1, weakening 27 paisa after Trump imposed 26% tariffs on Indian imports. Traders expect a range of 85.50-...
Rupee weakens to 84.485 per dollar amid FPI outflows and month-end dollar demandThe Indian rupee weakened to 84.485 per US dollar on Thursday. Foreign investor selling and month-end dollar demand from importers pressure...
Rupee at new low of 83.65 on strength in greenbackThe Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Res...
Rupee eases for three straight weeks as oil resurgence weighsThe rupee fell 0.1% for the week, having traded in a 20 paisa range over the period.The Financial Times reported that JPMorgan is seeking i...
India's weak rupee finds reprieve as foreigners seek bonds"Signs of inflation cooling off, prospects of oil staying lower due to cooling global demand and China slowdown and manageable deficits are...
Indian rupee posts weekly loss, underperforms in AsiaThe partially convertible rupee traded in a tight range all day to end 0.03% lower at 79.6550 per dollar, compared to its previous close of...
Shinhan Bank enters home loan businessShinhan Bank India, local arm of a South Korean lender, is offering home loans at 6.5% onwards per year for salaried and self-employed prof...
Not just stocks, rupee too comforts investors with calmness!The volatility index on the rupee has come off 69 basis points in the past month.
Offshore forwards shoot up with dollar inflows for share sales“Overseas investors are likely to have entered into short-term contracts in the NDF market,” said Anindya Banerjee, currency analyst at Kot...
RBI to conduct Operation Twist for Rs 10,000 crThe central bank will conduct the latest OT auction on October 1. It will buy three sets of securities maturing between 2025 and 2029.
True Balance raises $23 million in bridge roundThe latest round saw the participation of Japan-based global messenger Line Ventures Corporation, Korean search engine Naver, Korean lender...
- HSBC, hedge funds too may bid for Lehman
State-controlled Korea Development Bank (KDB) proposed buying 25% of Lehman Brothers for up to $5.3 billion, a newspaper reported, but othe...
- Shinhan Fin to buy 85% of LG Card for $7.5bn
Shinhan Financial was selected as the leading bidder to buy LG Card, the main creditor of South Korea’s top card issuer said on Wednesday, ...