Page 42 - Finance News Analysis

India's forex exchange reserves increases by $289 mn to $640.40 bn

India's forex exchange reserves increased by $289 million to $640.401 billion for the week ended November 19, the Reserve Bank said on Friday

Rupee plunges by 37 paise against dollar on new Covid-19 variant worries

The rupee on Friday plunged by 37 paise against the US dollar as investors turned cautious in view of massive selloffs in domestic equities and worries over a new variant of COVID-19.

India rupee at 3-week low, yields fall on new Covid variant concerns

Shares and currencies in Asia's emerging markets fell sharply as investors fled riskier assets after the detection of the significant new mutation

Rupee slips 15 paise to 74.55 against US dollar in early trade

The Indian rupee depreciated by 15 paise to 74.55 against the US dollar in opening trade on Thursday, as a muted trend in domestic equities and a firm American currency weighed on investor sentiment.

Rupee slips 12 paise to 74.54 against US dollar in early trade

The Indian rupee depreciated by 12 paise to 74.54 against the US dollar in opening trade on Wednesday, tracking stronger American currency in the overseas market.

Rupee slips 16 paise to 74.55 against US dollar in early trade

The Indian rupee depreciated by 16 paise to 74.55 against the US dollar in opening trade Tuesday, as a muted trend in the domestic equity market and firm American dollar weighed on investor sentiment

India's forex reserves decline $763 mn to $640.11 bn in November: RBI

The country's foreign exchange reserves declined by $763 million to $640.112 billion in the week ended November 12, RBI data showed

Rupee advances 9 paise to 74.28 against US dollar as crude cools off

The rupee pared initial losses to settle 9 paise higher at 74.28 against the US dollar on Wednesday on lower crude oil prices.

Insurance products preferred financial tools to meet future goals: Survey

Insurance products emerged as the preferred choice of investments for parents, as they consider these as low-risk and reliable financial tools to meet future goals, according to a survey.

India's forex reserves decline $1.14 billion to $640.8 billion

India's forex reserves decreased by USD 1.145 billion to USD 640.874 billion for the week ended on November 5 on a fall in currency and gold assets, the Reserve Bank said on Friday.

Rupee gains 7 paise to close at 74.45 against US dollar

The rupee strengthened by 7 paise to close at 74.45 (provisional) against the US dollar on Friday, as a firm trend in domestic equities boosted investor sentiments.

Rupee falls 20 paise to 74.54 against the US dollar in early trade

The Indian rupee depreciated by 20 paise to 74.54 against the US dollar in opening trade on Thursday, weighed down by a lacklustre trend in the domestic equity market and firm American dollar

LIC's tepid show pulls life insurers' new business premium down 5% in Oct

Private life insurers total APE and individual APE up 19% and 23% respectively

18% GST on insurance premium is atrocious: Former IRDAI member Nilesh Sathe

Says insurance becomes a necessity in the absence of any social security for citizens, nowhere else in the world one has to pay such heavy tax on premium

Rupee spurts 43 paise to one-month high on fund inflows, dovish Fed outlook

Rupee traded strong as the Fed statement of not being so keen to increase rates early has put pressure on the dollar index, says an analyst

BFSI Insight Summit: Privatisation has to be path-dependent, say panelists

Banking was declared a strategic sector by the government under the new privatisation policy, which means the government will only have a limited presence in the sector

Indian Rupee gains 19 paise to end at 74.68 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.06 per cent to 93.94

Indian Rupee gains 11 paise to end at 74.92 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.10 per cent to 93.89

BS BFSI Summit: SFBs should look beyond universal licence, says R Gandhi

Ex-RBI deputy governor says they must become financial conglomerates

India's import cover fell to 15.8 months in June 2021, says RBI

At the end of September 2021, India's foreign exchange reserves stood at 635.36 billion