On Wednesday, the Indian rupee weakened marginally against the U.S. dollar, reversing its initial gains due to increased hedging by importers and the maturation of positions in the non-deliverable ...
The RBI's willingness to accept a larger scale of currency depreciation aligns with its looser policy approach and increased volatility in the currency markets. Following a recent rate cut by the RBI ...
USD/INR last at 86.69. DBS expects USD/INR to rise to 88.8 by mid-2025 on the dollar’s haven status from Trump tariffs and the Fed delaying rate cuts to 2H.
Elon Musk, the CEO of Tesla and SpaceX and chairman of X, is leading a USD 97.4 billion bid to acquire the nonprofit entity ...
LegUp Secures INR 2 Cr Funding to Revolutionise Caregiving Tech in India. Bengaluru-based caregiving-tech startup LegUp has raised INR 2 crore (~USD 250K) in pre-seed funding from ...
Reuters reported on Friday that the Reserve Bank of India (NSE:BOI) (RBI) intervened in the currency market to support the ...
Sensex and Nifty fell despite RBI reducing interest rates to 6.25% after five years. Rate-sensitive stocks declined, while ...