Minneapolis, Minnesota Local News
Indian Shares Seen Tad Higher At Open On Softer U.S. Inflation Data
[ad_1] Indian shares look set to open a tad higher on Thursday after the annual rates for both U.S. headline and core inflation eased…
Tag: rupee
Minneapolis, Minnesota Local News
Sensex, Nifty Seen Lower With Earnings In Focus
[ad_1] Indian shares look set to open on a sluggish note Friday after TCS and Tata Elxsi reported disappointing earnings results. TCS beat revenue…
Minneapolis, Minnesota Local News
Sensex, Nifty Seen Tad Higher With Earnings In Focus
[ad_1] Indian shares are likely to open a tad higher on Thursday as investors brace for the September-quarter earnings season, with TCS, India’s largest…
Banking
Rupee ends almost flat on likely RBI intervention
[ad_1] The Rupee ended almost flat on Wednesday despite robust dollar demand from corporates, especially oil companies, as RBI likely intervened in the non-deliverable…
Banking
Forex reserves + Rupee
[ad_1] The Reserve Bank of India’s move to absorb most of the Dollar (USD) flows in a bid to prevent a sharp appreciation of…
Banking
Stablecoins pose existential threat to policy sovereignty, CBDC preferable: RBI
[ad_1] While stablecoins linked to underlying currencies are more feasible than private assets and offer an alternative to CBDC (central bank digital currency), they…
Business
India should allow gradual rupee weakening, use fx reserves ‘judiciously’ – govt adviser
[ad_1] India’s central bank should allow rupee to depreciate gradually and use foreign exchange reserves judiciously, the government’s chief economic adviser V. Anantha Nageswaran…
Business
Two Russian banks open special vostro account for overseas trade in rupee
[ad_1] Two Russian banks have opened a special vostro account following permission from the Reserve Bank of India to facilitate overseas trade in rupee.…