Page 53 - Finance News Analysis

India Inc's big boys: Share of large borrowers on banks' books decline

However, large advances in the SMA-0 (special mention accounts) category registered a quantum jump (155.6 per cent) over the previous quarter and 245.6 per cent over March 2020 levels

Rupee slips 3 paise to 73.07 against the US dollar in early trade

The rupee opened on a flat note and depreciated 3 paise to 73.07 against the US dollar in opening trade on Friday tracking the muted opening in domestic equities.

Rupee surges 13 paise to 73.12 against the US dollar in early trade

The rupee appreciated 13 paise to 73.12 against the US dollar in opening trade, as heavy buying in domestic equities and weakness of the US currency in the overseas market lifted investor sentiment

Rupee falls 24 paise to 73.48 against the US dollar in early trade

The rupee depreciated 24 paise to 73.48 against the US dollar in opening trade on Monday, tracking a rebound in the American currency even as domestic equities were trading with significant gains

Rupee rises 3 paise to 73.08 against the US dollar in early trade

The rupee appreciated 3 paise to 73.08 against the US dollar in opening trade on Thursday, tracking positive domestic equities and weak American currency

Rupee opens flat, rises 3 paise to 73.14 against US dollar in early trade

The rupee opened on a flat note and appreciated 3 paise to 73.14 against the US dollar in opening trade on Wednesday tracking most Asian currencies amid concerns about more lockdowns

Rupee slips 13 paise to 73.15 against the US dollar in early trade

The rupee depreciated by 13 paise to 73.15 against the US dollar in opening trade on Tuesday tracking the muted opening in domestic equities

Fitch Solutions revises forecast, says Indian rupee to trade weaker in 2021

We see depreciatory pressure on the rupee due to worsening terms of trade from rising oil prices, further monetary easing, it said

Rupee surges 21 paise to 72.90 against the US dollar in early trade

The rupee appreciated by 21 paise to 72.90 against the US dollar in opening trade on Monday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market

RBI to conduct simultaneous sale-purchase of govt securities on Jan 7

The Reserve Bank of India will conduct simultaneous purchase and sale of government securities under open market operations for Rs 10,000 crore each on January 7

Rupee slips 4 paise to 73.11 against the US dollar in early trade

The rupee depreciated by 4 paise to 73.11 against the US dollar in opening trade of the first session of the New Year as market participants remained on the sidelines due to lack of fresh cues

Rupee surges 19 paise to 73.12 against the US dollar in early trade

The rupee appreciated by 19 paise to 73.12 against the US dollar in opening trade on Thursday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market

Rupee surges 9 paise to 73.33 against the US dollar in early trade

The rupee appreciated by 9 paise to 73.33 against the US dollar in opening trade on Wednesday supported by sustained foreign fund inflows and weakness in the American currency in the overseas market

Rupee rises 11 paise to 73.38 against the US dollar in early trade

The rupee added another 11 paise to trade at 73.38 against the US dollar in opening session on Tuesday in line with stronger Asian peers and positive domestic equities

Rupee rises 4 paise to 73.51 against the US dollar in early trade

The rupee appreciated by 4 paise to 73.51 against the US dollar in opening trade on Monday as sustained foreign fund inflows and strong domestic equities strengthened investor sentiment

Rupee surges 14 paise to 73.62 against US dollar in early trade

The rupee appreciated 14 paise to 73.62 against the US dollar in opening trade on Thursday as sustained foreign fund inflows and hectic buying in domestic equities strengthened investor sentiment

RBI governor asks banks to strengthen lending capacity by raising capital

During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively

Rupee slips 6 paise to 73.90 against US dollar in early trade

The rupee depreciated 6 paise to 73.90 against the US dollar in opening trade on Wednesday in line with weaker Asian peers amid concerns over a new coronavirus strain.

India on currency manipulation watchlist: Is that a cause for concern?

The US Treasury has, while branding Switzerland and Vietnam as currency manipulators, added India, Taiwan and Thailand to its 'Monitoring List'

Rupee hits one-month high on foreign fund inflows, traders wary of RBI

RBI has been aggressively buying dollars to prevent sharp appreciation in rupee and ensure export competitiveness