Indian shares look set to open on a sluggish note Friday after TCS and Tata Elxsi reported disappointing earnings results. TCS beat revenue estimates for Q2FY26, but severance…
Read more Sensex, Nifty Seen Lower With Earnings In FocusIndian shares are likely to open a tad higher on Thursday as investors brace for the September-quarter earnings season, with TCS, India’s largest IT services company, scheduled to…
Read more Sensex, Nifty Seen Tad Higher With Earnings In FocusThe Rupee ended almost flat on Wednesday despite robust dollar demand from corporates, especially oil companies, as RBI likely intervened in the non-deliverable forward market to prevent it…
Read more Rupee ends almost flat on likely RBI interventionThe Reserve Bank of India’s move to absorb most of the Dollar (USD) flows in a bid to prevent a sharp appreciation of the Rupee (INR) has led…
Read more Forex reserves + RupeeWhile stablecoins linked to underlying currencies are more feasible than private assets and offer an alternative to CBDC (central bank digital currency), they are only beneficial to certain…
Read more Stablecoins pose existential threat to policy sovereignty, CBDC preferable: RBIIndia’s central bank should allow rupee to depreciate gradually and use foreign exchange reserves judiciously, the government’s chief economic adviser V. Anantha Nageswaran on Monday. Nageswaran comment on…
Read more India should allow gradual rupee weakening, use fx reserves ‘judiciously’ – govt adviserTwo Russian banks have opened a special vostro account following permission from the Reserve Bank of India to facilitate overseas trade in rupee. Sberbank and VTB Bank —…
Read more Two Russian banks open special vostro account for overseas trade in rupee
