Indian govt hikes inflation-adjusted allowances NEW DELHI: The Indian government on Thursday hiked inflation-adjusted pay and allowances for 11.7 million employees... Published 08 Mar, 2024 03:14am
Markets Indian rupee caught between Fed rate cut bets, strong 83/USD resistance MUMBAI: The Indian rupee is expected to have a choppy session on Friday, caught between bullish expectations of a US... Published 12 Jan, 2024 11:12am
Markets Indian rupee looks to keep momentum heading into US inflation data MUMBAI: The Indian rupee, on Thursday, will be looking to build on recent momentum in the lead-up to US inflation... Published 11 Jan, 2024 11:29am
Business & Finance India plans to lower budget gap by at least 50 bps, raise capital spending as much as 20% in FY25 NEW DELHI: India is planning to lower its budget deficit by at least 50 basis points in 2024/25 from this year’s... Published 11 Jan, 2024 10:44am
Markets Yen lags while dollar waits on US CPI SINGAPORE: The yen was squeezed on Thursday, weighed by sluggish Japanese wages, while the dollar was becalmed as... Published 11 Jan, 2024 09:43am
Markets Indian rupee drops on weak Asian cues, position trimming MUMBAI: The Indian rupee declined on Wednesday, pressured by the weakness on Asian peers and the exit of short... Published 10 Jan, 2024 12:12pm
Markets Indian rupee inches up tracking Asian peers, forward premiums rise MUMBAI: The Indian rupee was higher on Tuesday, aided by an uptick in its Asian peers and positive sentiment in... Published 09 Jan, 2024 12:43pm
Business & Finance Tamil Nadu hails $80bn pledges from firms including Microsoft, Hyundai CHENNAI: India’s Tamil Nadu state said on Monday it had signed pacts totalling 6.64 trillion Indian rupees ($80... Published 09 Jan, 2024 04:18am
Markets Two Bangladesh banks to offer trade transactions in Indian rupees DHAKA: Two Bangladeshi banks including the largest state-owned lender plan to introduce trade transactions in Indian... Published 07 Jul, 2023 05:08pm
Markets Indian rupee likely to open flat, weakness in Asia may weigh BENGALURU: The Indian rupee is expected to open little changed on Monday, though weakness in Asian counterparts will... Published 19 Jun, 2023 10:12am
World India government direct tax collections rise 11% in April-June NEW DELHI: The Indian government said on Sunday that its net direct tax receipts rose 11% year-on-year to 3.80... Published 18 Jun, 2023 08:16pm
Markets Indian rupee falls to 6-week low, premiums drop MUMBAI: The Indian rupee sank to a six-week low against the U.S. dollar on Monday as interest rate differentials... Published 15 May, 2023 05:47pm
World India, Russia settling some non-oil trade in rupees: Indian banker NEW DELHI: India and Russia have been settling some of their non-oil trade in rupees since the beginning of this... Published 15 May, 2023 05:37pm
Markets Indian rupee to see more losses on dollar spike and higher US yields MUMBAI: The Indian rupee is expected to weaken on Monday, adding to last week’s losses, tracking a rally on the... Published 15 May, 2023 09:58am
Markets Indian rupee likely to struggle at open on weak Asia peers MUMBAI: The Indian rupee is expected to struggle at open versus the US dollar on Friday tracking losses in other... Published 12 May, 2023 10:54am
Markets India bond yields seen lower as data hints Fed may pause rate hikes MUMBAI: Indian government bond yields are expected to decline in the early session on Thursday, tracking U.S. peers,... Published 11 May, 2023 10:43am
Markets Indian rupee may nudge higher after data indicates Fed may pause rate hikes MUMBAI: Indian rupee is poised to open higher on Thursday, after largely in-line U.S. inflation data made it more... Published 11 May, 2023 10:37am
Markets Traders assess sustainability of Indian rupee’s decline, eye U.S. inflation data MUMBAI: The Indian rupee was little changed to the U.S. dollar on Wednesday morning as traders gauged the near-term... Published 10 May, 2023 11:01am
Markets Indian rupee slips on likely dollar outflows; premiums at 2-month low MUMBAI: The Indian rupee fell on Tuesday likely on the back of dollar outflows by a large foreign bank and pressured... Published 09 May, 2023 11:04am
Markets Indian Rupee ends little changed on likely dollar buying by RBI MUMBAI: The Indian rupee held in a tight range on Monday with intermittent dollar buying intervention by the Reserve... Updated 08 May, 2023 03:34pm
Markets India, Russia suspend negotiations to settle trade in rupees NEW DELHI/MUMBAI: India and Russia have suspended efforts to settle bilateral trade in rupees, after months of... Published 04 May, 2023 01:23pm
Markets Indian rupee poised to open higher after Fed hints at a pause MUMBAI: The Indian rupee is expected to open higher on Thursday, tracking a decline in the dollar against Asian... Published 04 May, 2023 12:46pm
Business & Finance India’s April services activity hits near 13-year high, inflation accelerates BENGALURU: India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust... Published 03 May, 2023 11:43am
Markets Indian rupee receives boost from dollar’s struggles, fall in oil prices MUMBAI: The Indian rupee was trading higher on Wednesday, helped by the dollar’s decline due to an overnight plunge... Published 03 May, 2023 11:30am
Markets Indian rupee to edge higher in Fed decision, US jobs data week MUMBAI: The Indian rupee is expected to inch higher on Tuesday to begin a week that will traders assess the outlook... Published 02 May, 2023 10:51am
Markets Indian rupee to open higher on upbeat risk, upside seen largely capped MUMBAI: The Indian rupee is expected to open higher to the US dollar on Friday, boosted by the positive risk... Published 28 Apr, 2023 09:37am
Markets Indian rupee keeps up momentum, thanks to dollar’s struggles MUMBAI: The Indian rupee on Thursday touched its highest against the US currency in more than seven weeks, helped by... Published 27 Apr, 2023 11:32am
Markets Indian rupee headed lower as risk aversion props up safe haven dollar MUMBAI: The Indian rupee is expected to decline on Wednesday as worries over the US banking sector reappeared,... Published 26 Apr, 2023 09:50am
Markets Indian rupee looks to rise further on back of dollar weakness MUMBAI: The Indian rupee will be looking to build on the previous session’s momentum on Tuesday in wake of the... Published 25 Apr, 2023 11:15am
Markets Indian rupee, bond yields seen rangebound in run up to Fed meeting MUMBAI: The Indian rupee and government bond yields are expected to be rangebound in the week before a critical US... Published 24 Apr, 2023 11:03am
