Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Nifty, Sensex Rise as Oil and Dollar Ease; IT Stocks Lead Early Sentiment - Investing.com India
Nifty, Sensex Rise as Oil and Dollar Ease; IT Stocks Lead Early SentimentInvesting.com India
Rupee appreciates 24 paise to open at 95.47 against US dollar
Rupee appreciates 24 paise to open at 95.47 against US dollar
Rupee opens 24 paise stronger against dollar as oil prices cool, risk sentiment improves
Indian rupee gains to 95.47 against US dollar, boosted by softer crude and RBI inflow measures, as markets watch oil prices and US Federal Reserve outlook.
Amazon Raises C$14 Billion in Record Canadian Dollar Bond Sale
Amazon on Monday sold senior unsecured notes in five parts, with maturities ranging from three to 30 years.
India's unicorns' next test: Delivering investor exits
Can India's billion-dollar startups generate cash returns for investors?
RBI opens a dollar swap window to help hedge foreign borrowings
The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge their foreign currency borrowings. The facility will be available at a fixed cost of 1.5% per annum. This initiative is expected to encourage significant inflows into the FCNR-B window.
RBI unveils dollar-rupee swap window to draw inflows, steady rupee
New FCNR and ECB swap windows aim to attract long-term foreign currency deposits and cut hedging costs for banks and companies.
RBI launches forex swap facility for PSU ECBs, bank foreign borrowings
The RBI has introduced a special forex swap facility for PSU overseas borrowings and banks' foreign currency funding, seeking to boost dollar inflows as higher oil prices, rupee weakness and global uncertainty weigh on external balances.
Rupee gives up inflow-boost gains as oil surge, conflict fears weigh
The rupee fell 0.8 per cent against the dollar as renewed West Asia tensions pushed crude oil higher, while equity weakness and dollar demand added pressure
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra says
Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to attract dollar inflows. This initiative aims to strengthen the rupee. Banks will offer attractive interest rates to overseas customers. Punjab National Bank plans to raise $3 billion itself.
INR dragged lower by negative cues from equities, surging oil and firm dollar overseas
The Indian rupee lost further momentum during the course of the day and is seen settling the day lower by around 40 paise at Rs 95.57 per dollar. Elevated crude oil prices and firm dollar index around 100 mark are seen pressurizing rupee. Dollar index spiked above 100 for the first time in two months following a strong jobs data on Friday, driving sooner than expected rate hike by Fed but has edged marginally below the level today. Meanwhile, Indian shares fell sharply on Monday, mirroring weak cues from global markets as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. The BSE Sensex and NSE Nifty 50 settled lower amid weak global cues, escalating tensions in West Asia, and rising crude oil prices. The Sensex dropped 719.08 points (0.97%) to settle at 73,524.26, while the Nifty fell 243.70 points (1.04%) to end the day at 23,123.00. Also, rupee weakened despite the Indian government introducing a ...
Rupee Falls 56 Paise To 95.74 Against US Dollar As Crude Oil Prices Surge
At the interbank foreign exchange market, the rupee opened at 95.35.