Page 127 - Finance News

Axis Bank's Q3FY25 results: Net profit rises 4% to Rs 6,034 crore

Bank reported fresh slippages of Rs 5,432 crore, up 46%

PSU funds: Recovery may take a while; stay put if you've long horizon

Stocks in areas such as defence, capital goods, railways, and PSU banks had rallied significantly

Tata Sons' de-registration application under consideration, says RBI

On Thursday, the regulator released the list of NBFC-UL for 2024-25 in which 15 entities are named, same as financial year 2023-24. No new NBFCs were included in the list for FY25

Bond yields drop 6 bps to 6.75% on RBI's daily VRR auction assurance

RBI receives bids for Rs 30.7K cr on Thursday against notified amount of Rs 50K cr

RBI liberalises Fema rules to facilitate cross-border transactions

The RBI has also allowed non-resident Indians to use such balances for foreign investments, including foreign direct investment (FDI) in non-debt instruments

RBI updates Fema regulations to boost cross-border rupee transactions

The RBI has updated FEMA regulations to encourage cross-border INR transactions, including settling trade, investments, and export payments, with foreign currency accounts allowed

Rupee falls 4 paise to 86.44 against US dollar during early trade

However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said

RBI must shun excessive forex market intervention, says former head

Rupee tested a series of new lows recently, slipping to an all-time low of 86.7025 per dollar on Jan 14, and rose 0.3 per cent on January 15

After 5-day streak of lows, rupee posts best day in 7 mths against dollar

A narrowing trade deficit in December, down to $21.94 billion down from a record $31.86 billion in November, further bolstered market sentiment

RBI to conduct daily VRR auctions from Friday to infuse liquidity

Move to ease liquidity concerns; set to begin with Rs 50,000 crore

India's digital evolution on post-pandemic treadmill: Ranks 8th in momentum

The 'momentum' of digital evolution is calculated based on the annual rate of change in a country's digital evolution, essentially how quickly its digital transformation is occurring

Why did RBI replace flexible exchange rate with de facto peg against dollar

The RBI must come out with an official explanation, but until it does, we can only guess. But there are a few reasonable hypotheses

BoB raises Rs 5,000 crore through 10-year infrastructure bond at 7.23%

IRFC raises Rs 2,780 crore at 7.25% for 10-year bonds

NPCI International, UAE fintech partner to enable UPI for Indian travellers

The collaboration with fintech firm Magnati will enable QR-based UPI merchant payments through point-of-sale (POS) terminals across the UAE

Rupee rebounds after falling to lifetime low, US inflation data in focus

The currency had declined to an all-time low of 86.6475 in the previous session. It recovered on Wednesday, helped by the dollar index's retreat from a more than two-year peak

Rupee slide raises doubts over rate cuts in February, analysts caution

The weaker currency could add to elevated inflation through costlier imports, while a cut in interest rates could dampen already tepid capital flows

Rupee falls 2 paise to 86.55 against US dollar in early trade today

At the interbank foreign exchange, the rupee opened at 86.50 and touched 86.45 against the greenback in initial deals

RBI rejigs deputy guv portfolios; Rajeshwar Rao takes monetary policy dept

The government has already started the process of finding a successor for Patra

Impact of Trump's presidency to be short-lived on Indian rupee: SBI

'Indian rupee, well-supported by the Reserve Bank of India (RBI) against extreme volatilities post-pandemic, is likely to recover beyond current challenges'

Rupee hits new low of 86.68 per dollar as oil importers boost demand

RBI's intervention policy unlikely to have changed