Page 97 - Finance News

NPCI directs UPI members to follow new API guidelines to avoid disruptions

For instance, this includes restricting a high number of repeat APIs for the same or older transactions

Norms on forwards likely to boost demand for 10-15-year state bonds

The yield spread between 10-year state bonds and the benchmark 10-year government bond stood at 29 basis points

Inherent risks in sustainable finance drive up lending costs: RBI's Rao

He noted that this prompts private sector investors and lenders to seek appropriate de-risking mechanisms

RBI to infuse Rs 1.25 trillion worth of liquidity via bond purchases

The first tranche of Rs 50,000 crore is scheduled for May 6, followed by three tranches of Rs 25,000 crore each on May 9, 15 and 19, respectively

Indian Rupee opens 12 paise higher at 85.33/$ amid steady FII inflows

With three sessions remaining in this month, the currency is on track to end April with gains of 0.20 per cent

MP has received investment proposals worth Rs 20,000 crore: CM Yadav

Yadav was speaking with reporters after attending the daylong Madhya Pradesh Tech Growth Conclave 2025' in Indore on Sunday

Uttarakhand to strengthen startups, sets up venture fund of Rs 200 crore

CM Dhami said that a venture fund of Rs 200 crore has been set up to boost entrepreneurship in the state

Banks set to meet investment needs of India Inc: RBI Guv Sanjay Malhotra

RBI governor says rupee's orderly movement reflects strong macro fundamentals

Axis Bank plans to raise Rs 20,000 cr through stake sale, debt issuance

The Mumbai-based bank plans to raise 350 billion rupees ($4.1 billion) through local rupee bonds or foreign currency bonds, Additional Tier-1 bonds, infrastructure bonds and other debt, the bank said

Credit card spends surged to 4-month high of Rs 2 trillion in March

Card addition slows in FY25 following higher risk weight norm

Pahalgam terror attack: Rupee, bond weaken on rising India-Pak tension

The rupee settled at 85.45 per dollar on Friday, against the previous close of Rs 85.27 per dollar. It depreciated up to 85.67 against the dollar during the day

Indian Rupee falls 18 paise to 85.45/$ as tensions escalate with Pakistan

The domestic currency closed 18 paise weaker at 85.45 after ending at 85.27 against the greenback on Thursday

RBI's cash infusion to aid more rally in short bonds, says Nomura

The strategist expects the RBI to buy bonds worth Rs 3 trillion in the current financial year, with a bias towards more action

Indian Rupee opens stronger at 85.19/$ on FII inflows, US-China trade talks

The domestic currency opened 8 paise stronger at 85.19 after closing at 85.27 against the greenback on Thursday

Net ECB inflows more than double in Apr-Feb; highest in at least 5 years

Net inflows during April 2023-February 2024 stood at $8.8 billion, according to the Reserve Bank of India (RBI) data

FPIs sell ₹10,234 cr in debt mkt in April as yield spread hits 20-year low

This was the highest monthly outflow since April 2024, when foreign investors had net sold ₹11,218 crore

Rupee seen trading at 84 per US dollar by end of year, says Nomura

On Thursday, the rupee depreciated by 25 paisa in early trade but recovered all its losses by the end of the day on the back of technical resistance, to settle 15 paisa higher at 85.27 per dollar

Nexus Select Trust to raise Rs 550 crore via non-convertible debentures

Of the total funds raised, the Reit aims to spend up to Rs 480 crore for the acquisition of any assets or investments, including but not limited to the acquisition in any special purpose vehicle (SPV)

Companies can't claim tax deduction on regulatory settlements, says govt

The tax department clarified that any expenditure incurred to resolve proceedings under four specific laws will not be treated as a business expense

Indian Rupee reverses early losses to end 15 paise stronger at 85.27/$

The domestic currency ended 15 paise stronger at 85.27 after closing at 85.42 against the greenback on Wednesday