loading...
On Asian cues, the rupee begins 9 paise higher at 88.61/USD.
- admin
- Finance
- Share
After closing at 88.7038 against the US dollar, the local currency opened at 88.6100 against the US dollar. According to Bloomberg data, Asian currencies saw increases of 0.14 percent for the Japanese yen, 0.13 percent for the South Korean won, 0.11 percent for the I view more...
Will RBI's UMI pitch shift the course of events?
- admin
- Finance
- Share
Governor Sanjay Malhotra of the Reserve Bank of India (RBI) has proposed a novel concept: a Unified Market Interface (UMI) that could tokenize assets and use wholesale CBDC to settle trades. Although speed and openness are promised, the primary concern is whether exces view more...
Ahead of RBI policy, the Indian rupee opens 6 paise higher and beats weak Asian currencies.
- admin
- Finance
- Share
Despite weakening in other Asian currencies, the Indian rupee began 6 paise higher today, September 30, ahead of the Reserve Bank of India's (RBI) monetary policy announcement. After closing at 88.7612, the local currency opened at 88.6975 versus the US dollar. view more...
Trump's new tariffs on branded pharmaceuticals have caused the Indian rupee to drop five paise.
- admin
- Finance
- Share
On September 26, US President Donald Trump imposed new duties on the import of branded or patented pharmaceutical products, which caused the Indian rupee to open flat and drop by 5 paise. After opening at 88.6875 against the US dollar, the local currency quickly dec view more...
Why, in spite of profit pressure, investors are sticking with banks
- admin
- Finance
- Share
Highlights ◼ Despite pressure on bank profitability, the Bank Nifty has outperformed the wider Nifty for the past year. ◼Banks' consensus earnings projections for FY26 and FY27 have been reduced. ◼ Bank profitability have been impacted by pressure on margin view more...
Ahead of the US Fed's rate decision this week, the Indian rupee opens one paise higher at 88.26/USD.
- admin
- Finance
- Share
Ahead of a widely anticipated interest rate drop at the US Federal Reserve's policy meeting this week, the Indian rupee began one paise higher against the US dollar on September 15 at 88.2612. According to market participants, the Reserve Bank of India has been steppi view more...
Can NRIs file an ITR and get a refund for short-term capital gains tax if their income is less than the exemption threshold?
- admin
- Finance
- Share
I'm an NRI. In India, my sole source of income is from stock investments made through a PIS (Portfolio Investment Scheme) account, where all capital gains are subject to tax deductions at the source. I will make less than Rs 2.5 lakh in total short-term financial gain view more...
Trump allegedly urges the EU to impose tariffs on India while supporting trade discussions, causing the rupee to open 2 paise weaker at 88.13/USD.
- admin
- Finance
- Share
On September 10, the Indian rupee began 2 paise lower against the US dollar at 88.1362. This came after news reports stated that US President Trump had asked the European Union to impose up to 100% tariffs on China and India for their purchases of Russian oil. "The I view more...
Rejecting the former CFO's accusations, IndusInd Bank describes them as "baseless and motivated."
- admin
- Finance
- Share
Gobind Jain, the former chief financial officer (CFO) of IndusInd Bank, accused Sunil Mehta, the chairman of the lender's board, of concealing accounting errors. IndusInd Bank rejected his claims on Thursday. The bank described the charges as an attempt to avoid respons view more...
Due to ongoing tariff uncertainties, the rupee opens unchanged at 88.16 against the dollar.
- admin
- Finance
- Share
Due to the ongoing uncertainty around US tariffs, the rupee began flat versus the dollar on September 3 at 88.1663. The day before, the currency had closed at 88.1600 versus the US dollar. "Risks will likely remain skewed toward further weakness due to the stalled t view more...
Concerns over tariffs and dollar demand cause the rupee to open 4 paise weaker and stay above the 88-mark.
- admin
- Finance
- Share
Due to uncertainties around tariffs, month-end dollar demand, and foreign outflows, the Indian rupee broke below the 88/USD barrier on Friday to attempt a new low and began 4 paise worse at 88.2450 on September 1. Several market investors were taken aback by the rupe view more...
Downside risk remains due to India-US trade uncertainties: RBI Bulletin
- admin
- Finance
- Share
Continued doubts about IndiaThe Reserve Bank of India's (RBI) bulletin stated that although the inflation prognosis for the near future has become less dire than expected, US trade policies still provide a downside risk. On August 27, President Donald Trump imposed a view more...
Just Login and Customize
Our Features Easily.
USERNAME : [email protected]
PASSWORD : admin1234