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RBI issues framework for reclassification of FPI to FDI
Currently, an investment made by foreign portfolio investor along with its investor group (FPI) sho…
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
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
Enforcement Directorate searches Hiranandani Group premises in Mumbai
Group in Mumbai on charges of violations under the Foreign Exchange Management Act (FEMA), accordin…
ANI
India Cements share price plunges over 6% after ED search
The Enforcement Directorate (ED) has carried out a search operation at the corporate office of Indi…
India's foreign exchange reserves rose by USD 2.6 billion in the week ending May 10: RBI
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently. A…
ANI
India's forex reserves sufficient to cover 11 months of projected imports
India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…
ANI
Indian markets surging to all time highs today: What's happening post Fed decision?
The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95.…
Sensex, Nifty extend gains to scale fresh peaks on firm global cues
Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …
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
At USD 642.292 bn, India's foreign exchange reserves hit all-time high
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD …
ANI
RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6
Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…
ANI
FPI's holdings are up by ₹16,990 crore since the inclusion of govt bonds in JP Morgan Index
The Foreign Portfolio Investors (FPIs) are responding positively on inclusion of Indian government …
ANI
Foreign investors take out Rs 14,800 crore from equities in June on poll results, attractive Chinese stock valuations
Foreign investors withdrew nearly Rs 14,800 crore from domestic stocks in the first week of this mo…
PTI
Enforcement Directorate files case against BBC for irregularities in foreign funds
The Enforcement Directorate has filed a case against BBC India under Foreign Exchange Management Ac…
ANI
MoS IT to take up SVB linked startups woes with FinMin; pitches for Indian banks
The IT ministry will take up woes of Indian startups impacted by the Silicon Valley Bank collapse w…
PTI
Indian stocks accumulated stellar returns this week; Sensex jumped 1,600 points
Indian stock indices closed Friday's trade on a steady note and closed this week on a flyer, defyin…
ANI
Foreign exchange funds double average returns due to the biggest divergence in central bank rates since 2008
Currency investors have reaped returns as high as 20% in some trades by arbitraging between differe…
Aruni Soni
Rupee rises 3 paise to end at 83.43 against US dollar
At the interbank foreign exchange, the domestic unit opened at 83.40 and moved in the range of 8…