OVERSEAS MARKET
Rupee falls 11 paise to 83.45 against US dollar The central government's fiscal deficit reached 3% of the annual estimates by May-end 2024-25. India's forex reserves surged to USD 653.711 billion, with FIIs selling shares worth Rs 23.09 crore. The RBI confirmed the increase in reserves, reflectin...
01 Jul, 2024, 04.04 PM ISTRupee closes higher, outperforms most Asian peers in first half of 2024 RBI interventions and global economic factors propelled the rupee's resilience. The JPMorgan index inclusion and current account surplus contributed to the rupee's strength against the dollar amidst changing global market dynamics.
28 Jun, 2024, 03.48 PM ISTRupee rises 8 paise to 83.37 against US dollar in early trade Market anticipates US inflation data, oil supply issues from Russia and the Middle East drive prices. The rupee strengthens against the dollar amidst market optimism and increased foreign investments.
28 Jun, 2024, 10.22 AM IST- ADVERTISEMENT
What would Japanese intervention to boost a weak yen look like? Amid market uncertainties and political pressures, Prime Minister Fumio Kishida considers intervening to stabilize the yen ahead of the ruling party leadership race. The effectiveness of intervention in addressing public concerns over the weak yen a...
27 Jun, 2024, 07.53 AM ISTBajaj Auto inaugurates its first overseas manufacturing facility in Brazil Bajaj Auto opened a new manufacturing plant in Brazil to produce Dominar models and expand its global presence with partners like KTM AG and Triumph, targeting the growing Latin American two-wheeler market.
26 Jun, 2024, 12.01 PM ISTRupee trades in narrow range against US dollar in early trade The rupee traded against the US dollar, influenced by positive domestic equities and the strength of the American currency. Forex traders noted the impact of the strong US dollar and elevated crude oil prices on the local unit.
25 Jun, 2024, 10.13 AM ISTRupee sees range-bound trade against US dollar in morning deals The rupee traded against the US dollar in early trade, influenced by the equity market and factors like the dollar's strength and crude oil prices.
24 Jun, 2024, 10.24 AM ISTTata Elxsi, Titan among 21 companies in focus this week for dividend, AGM, stock split, bonus issue Companies like Tata Elxsi, Titan, and JSW Holdings are set to be in the spotlight this week with corporate actions such as dividends, stock splits, and annual general meetings lined up.
24 Jun, 2024, 08.58 AM ISTRupee recovers 3 paise to 83.58 against US dollar in early trade Rupee trades 3 paise higher at 83.58 against the US dollar, supported by foreign capital and strong equity market sentiment.
21 Jun, 2024, 10.40 AM ISTRupee rises 6 paise to 83.37 against US dollar in early trade Rupee remains steady at 83.37 against the US dollar driven by various factors including foreign capital inflow, equity market performance, and positive economic indicators.
19 Jun, 2024, 10.25 AM ISTIndian corporates are likely to go slow on overseas dollar loans: BofA Indian corporates are likely to reduce overseas dollar loans due to expensive current rates. There is a 'huge pent-up demand' for investing in local firms' equity. Borrowing costs in the US have increased sharply, leading to a preference for IPOs an...
17 Jun, 2024, 12.11 AM ISTRupee opens on flat note against US dollar in early trade The 30-share BSE Sensex and NSE Nifty experienced slight declines, reflecting market movements. Moody's Ratings forecast India to maintain its position as the fastest-growing economy in the Asia-Pacific region.
14 Jun, 2024, 10.08 AM ISTRupee falls 6 paise to 83.54 against US dollar in early trade Rupee depreciated 6 paise to 83.54 against the US dollar on Thursday, influenced by the strength of the American currency and elevated crude oil prices.
13 Jun, 2024, 10.17 AM ISTRupee rises 5 paise to 83.54 against US dollar in early trade Rupee appreciated 5 paise to 83.54 against the US dollar, driven by positive sentiments in the domestic equity market.
12 Jun, 2024, 10.24 AM ISTPV exports rise by 2.68 lakh units in last 4 years; Maruti accounts for 70 pc of incremental shipments Passenger vehicle exports from India increased by 2.68 lakh units in the last four fiscal years, with Maruti Suzuki India contributing to nearly 70% of the growth.
09 Jun, 2024, 11.28 AM ISTRupee rises 6 paise to 83.47 against US dollar in early trade The rupee appreciated 6 paise to 83.47 against the US dollar in early trade on Friday ahead of the RBI monetary policy announcement.
07 Jun, 2024, 09.52 AM ISTRupee gains 7 paise to 83.44 against US dollar in early trade Rupee appreciated 7 paise to 83.44 against the US dollar, influenced by domestic equity markets and lower crude oil prices. The currency rebounded from a decline post-election results showing less-than-expected majority for the BJP-led NDA.
05 Jun, 2024, 10.04 AM ISTAdani stocks, overseas bonds battered by rout Adani Group's offshore bonds dropped 1-2 points post Modi government's failure to secure a predicted victory as per exit polls.
05 Jun, 2024, 07.19 AM ISTInvestors must take Rajan’s promise, not Pitroda's threat Investors are anxious about the potential impact of the ongoing general elections on economic policies. The possibility of the INDIA alliance, led by the Congress Party, coming to power has raised fears of a significant policy shift, particularly fo...
29 May, 2024, 11.27 AM ISTIndian origin hotel investors increasing in overseas markets Accor opened Raffles London at The OWO, London’s most expensive hotel owned by the Hinduja Group, expressing gratitude to the Hindujas for the partnership.
22 May, 2024, 11.47 PM IST