Page 61 - Finance News Analysis

Goldilocks entrepreneurs: Too small to get loans, too big for scheme sops

India needs many SMEs, each of whom may not individually hire many people, but collectively, they can provide a quantum of productive employment

India International Exchange plans to waive fee to lure rupee trade home

Rupee trading onshore has been shrinking at the expense of offshore market, with volumes in London topping those in India's financial capital Mumbai

Forex reserves slid by $388 mn to $428.5 bn in the week ended Sept 20: RBI

The overall reserves had declined by $649 million to $428.960 billion in the previous reporting week

As bank mergers loom, PSB contractual workers stare at job losses

Most PSBs have already been closing down ATMs, as well as doing away with security guards in the existing ones

London overtakes India's financial capital Mumbai in rupee trading

Average daily volumes for rupee in the UK soared to $46.8 billion in April, a more than five-fold jump from $8.8 billion in 2016

FPIs pull out Rs 1,263 cr in first week of Sept despite surcharge rollback

As per latest depositories data, foreign portfolio investors pulled out a net amount of Rs 4,263.79 crore from equities but infused a net Rs 3,000.86 crore into the debt segment

China's August forex reserves rise to $3.1072 trillion, up $3.5 billion

Reserves have rebounded from an October 2018 low thanks to capital controls and rising foreign investments in Chinese stocks and bonds

Foreign exchange dealers under lens for large overseas remittances

ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries--Thailand, Dubai, Singapore and Hong Kong

Technology underlay FM Nirmala Sitharaman's bank mergers decision

Numbers of officers now more than other workers in PSBs

Delivering on growth a must for NextGen PSBs to attract investors

Analysts cite examples of SBI and BoB to indicate how the mergers could be value-depletive for investors in the near term

Foreign investors pull out Rs 5,920 cr in August despite surcharge rollback

In July, overseas investors had pulled out a net amount of Rs 2,985.88 crore from the capital markets

Meet Bimal Jalan, the go-to advisor across the political spectrum

One of the reasons Jalan can afford to be forthright is that he has seen it all in his 78 years

Forex reserves slip below $430-bn-mark, down by $1.45 bn: RBI Report

In the previous week, the reserves had marginally slipped by $ 70.8 million to $ 430.501 billion but still remained above the $ 430 billion-mark

From growth slowdown to equity outflows: Why the rupee has lost its mojo

The rupee is set for its worst monthly loss in six years and some analysts warn of more pain to come

India's foreign exchange reserves at new life-time high of $430.57 bn

The country's gold reserves surged by $1.591 billion to $26.754 billion

Rising price of gold boosts central bank's forex reserves coffers

The rising price of the precious metal has helped the central bank increase overall forex reserves despite currency reserves not rising

Why wealth concentration in the hands of richest 1% may not be a bad thing

Inequality between the very richest and the rest correlates with greater innovation. But we mustn't let the top level become a closed shop

Cold currency war between major trading blocs flaring up again, says Pimco

Major central banks may not be the only ones in the cold currency war, according to Fels, who noted expectations for lower rates in South Korea, Indonesia, Chile and South Africa this week

Contrary to bond traders' expectations, RBI is trying to remove cash

The Reserve Bank of India will hold a reverse repo auction of Rs 250 billion of 63-day duration on today

Budget 2019: Traders have a challenge spotting govt's hidden, growing debt

There's growing expectations that the government will do an accounting sleight of hand to keep its deficit in check: borrow via state-owned firms and issue special bonds