Page 47 - Finance News Analysis

Rupee surges 31 paise to 73.38 against the US dollar in early trade

The Indian rupee appreciated 31 paise to 73.38 against the US dollar in opening trade on Monday, tracking a positive trend in domestic equities.

Going green for planet blue: For now, India's journey has begun well

Sustainable financing is on the verge of a big take-off, even as the sum raised so far tops $16 billion

India's foreign exchange reserves slide by over $2.47 billion

India's foreign exchange reserves fell by $2.470 billion, during the week ended August 20

Rupee appreciates sharply ahead of Fed Chair speech as RBI steps aside

Closes Friday at 73.6950 to the dollar against its previous close of 74.2225, up 0.73 per cent, the highest since June 17

Foreign exchange reserves drop by $2.47 billion to $616.895 billion

Gold reserves were up by USD 913 million to USD 37.249 billion in the reporting week, the data showed.

Indian rupee posts best week in 4 months ahead of Jackson Hole speech

In the domestic bond market, the benchmark 10-year bond yield ended steady on the day but rose 2 bps on the week.

Rupee closes at a 2-month high, below 74 for first time since June 18

Supported by a firm trend in domestic equities ahead of the key speech from US Federal Reserve Chair Jerome Powell

Rupee inches 2 paise higher to close at 74.22 against US dollar

The rupee eked out a marginal 2 paise gain to close at 74.22 (provisional) against the US dollar on Thursday amid a muted trend in domestic equities.

India's forex reserves decline $2.10 billion to $619.365 billion

India's foreign exchange reserves decreased by USD 2.099 billion to stand at USD 619.365 billion for the week ended August 13 due to a fall in core currency assets and gold, RBI data showed on Friday.

Growth in currency in circulation halves to 10% post-second wave

It is too early to say if people have overcome their fears leading to cash hoarding, but the trend, if it sustains, is encouraging

Surge in gold loans, sharp uptick in auctions may be hiding a larger pain

The drop of 5-7% in gold prices after March 2021 has added to borrowers' woes, triggering margin calls and auctioning off of jewellery pledged by customers

India's forex reserves rise by $889 mn to lifetime high of $621.464 bn

The country's foreign exchange reserves increased by USD 889 million to a lifetime high of USD 621.464 billion in the week ended August 6, 2021, RBI data showed on Friday

Indian rupee slips to near two-week low on US Fed taper talk

The Indian rupee weakened on Tuesday to its lowest level in almost two weeks, in line with other Asian currencies

Forex reserves surge by $9.42 billion to all-time high of $620.57 billion

Gold reserves were up by USD 760 million to USD 37.644 billion in the reporting week, the data showed.

Rupee gains for 5th straight session to settle at 74.15 against US dollar

On Thursday, the rupee had settled at 74.17 against the US dollar.

Rupee gains for fourth straight session, settles at 74.17 against USD

The rupee settled for the day on a flat note and inched 2 paise higher to close at 74.17 (provisional) against the US currency, marking the fourth straight session of gains on Thursday.

ATM networks will have to be reinvented to face the onslaught of technology

Demonetisation provided the first serious wake-up call that cash will not be king for long, and the business of vending it will have to be reworked

As businesses set up online modes, cash flows become less prone to turmoil

Non-banking financial companies have been also reworking their collection process since the onset of the pandemic by increasingly adopting electronic modes

Regulations key to orderly growth of microfinance

The RBI's CD defines microfinance clients based on the current household income limit applicable for NBFC-MFIs

India rupee, bonds fall for second straight month; RBI policy in focus

Sentiment has been lifted after the Fed did not outline a taper timeline, which is expected to aid local shares and the rupee in the near future.