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Nifty and Sensex continue downward trend, selling continues despite Trump's victory
Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, whil…
Rupee opens on flat note against US dollar in early trade; Underperformance partly due to election worries
The rupee opened on a flat note against the US dollar in early trade on Friday, weighed down by a n…
PTI
Sebi approves IndusInd International Holdings's acquisition of Invesco's PMS business
According to sources, Sebi's approval marks the completion of a crucial phase in IndusInd Internati…
PTI
Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head
Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…
PTI
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.48, it touched 83.46 in t…
PTI
Universities in India can now admit students twice a year on lines of foreign varsities: UGC chairman
"If Indian universities can offer admission twice a year, it will benefit many students. Such as th…
ANI
Market regulator SEBI eases FPI onboarding process
SEBI has simplified the procedural requirements for onboarding of Foreign Portfolio Investors (FPIs…
PTI
Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions
The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…
ANI
The yen weakening to 150 against the dollar could spark a financial crisis in Asia, famed economist Jim O'Neill says
China will see more yen weakness as an "unfair competitive advantage," Jim O'Neill told Bloomberg 2…
Carla Mozée
China has the world's largest foreign exchange reserves — and it just grew for the first time in 2022 as the US dollar strengthens
"The current external environment is still complex and severe... and the international financial ma…
Phil Rosen
India's foreign exchange reserves down by over $760mn
On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $2.094 …
Rupee tracks buoyant equity markets, rises 7 paise to 83.3/USD
The rupee appreciated 7 paise to settle at 83.30 (provisional) against the US dollar on Friday, fol…
PTI
Sam Bankman-Fried wanted to regain control of FTX by moving assets and getting better treatment from foreign regulators, Justice Department says
Sam Bankman-Fried has stated he regrets the decision to have FTX file for bankruptcy and maintains …
Jennifer Sor
Here's what comes next for the world's top currencies as Fed moves and global growth fears weigh on foreign exchange markets
Spiking energy prices are among the factors weighing on the yen, euro, and yuan against the soaring…
Carla Mozée
Russia will increase foreign currency sales 830% as deadline for Eurobond repayment nears
Russia's central bank announced that the move to offload foreign currencies could also help calm ru…
Filip De Mott
Russia partially pulls back emergency interest rate hike as the ruble rebounds and foreign-exchange reserves grow
At an unscheduled meeting Friday, Russia's central bank trimmed its key rate to 17% from 20%.
Phil Rosen
China suffers its first foreign investment deficit as US tensions and anti-spying laws spark a western exodus
The world's second-largest economy suffered a fresh blow, with Beijing also battling faltering grow…
George Glover
Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'
Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses …
Filip De Mott
Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year
Moscow is trying to prop up the slumping ruble, which has shed around a quarter of its value this y…
George Glover
India's top lawyer Harish Salve says this may not be right time for labour reforms
Responding to a question on the lending culture of banks, he said there is a general impression …