Indian central bank likely selling dollars to support rupee, traders say MUMBAI: The Indian central bank was likely selling dollars to support the rupee as the currency lingered near its... Published 18 Nov, 2024 12:33pm
Markets Gold drifts higher, traders eye US inflation print Gold prices edged up on Wednesday as investors hunted for bargains after steep declines in the previous session,... Published 13 Nov, 2024 10:23am
Markets Indian shares open lower as rising inflation dampens rate cut hopes Indian shares opened lower on Wednesday as a spike in retail inflation dampened hopes of a rate cut by the Reserve... Published 13 Nov, 2024 10:11am
Markets India’s FX reserves log worst fall in 2-1/2 years MUMBAI: India’s foreign exchange reserves dropped for a second consecutive week, falling to a one-month low of... Published 18 Oct, 2024 05:44pm
Markets Indian rupee dips to lifetime low on dollar bids by foreign banks MUMBAI: The Indian rupee dropped to an all-time low on Monday, weighed down by persistent dollar demand from foreign... Published 14 Oct, 2024 12:20pm
Markets India’s FX reserves halt 7-week rising streak, come off record high MUMBAI: India’s foreign exchange reserves fell for the first time in eight weeks and came off a record high to stand... Published 11 Oct, 2024 05:09pm
Markets Indian bond yields may track US peers higher before debt sale MUMBAI: Indian government bond yields are expected to move marginally higher in early trading on Friday, as US... Published 11 Oct, 2024 09:57am
Business & Finance India central bank leaves interest rates unchanged MUMBAI: India’s central bank held interest rates steady on Wednesday but left the door open for future cuts, as... Published 09 Oct, 2024 12:32pm
Markets Indian bond yields seen inching up as 10-year US yield nears 4% MUMBAI: Indian bond yields are expected to trend higher in early trading on Monday, tracking a spike in US yields... Published 07 Oct, 2024 10:39am
Markets India’s forex reserves top $700bn for first time after seven-week surge MUMBAI: India’s foreign exchange reserves crossed $700 billion for the first time on record, after climbing for... Updated 04 Oct, 2024 06:43pm
Markets India’s FX reserves advance for 6th week to hit record, inch closer to $700bn MUMBAI: India’s foreign exchange reserves continued to rise for a sixth straight week to a record high of $692.3... Published 27 Sep, 2024 05:54pm
Markets Indian rupee faces resistance on dollar buying by state-run banks MUMBAI: The Indian rupee faced resistance on Tuesday following a rise driven by the U.S. dollar’s struggles a day... Published 17 Sep, 2024 10:38am
Markets India’s foreign exchange reserves hit fresh high of $689.24bn MUMBAI: India’s foreign exchange reserves extended their winning run for a fourth straight week to hit a record high... Updated 13 Sep, 2024 11:39pm
Markets India bond yields seen dipping as odds of larger Fed rate cut jump MUMBAI: Indian government bond yields are expected to open lower on Friday as sentiment was boosted after a sharp... Published 13 Sep, 2024 10:45am
Markets India’s forex reserves hit record high MUMBAI: India’s foreign exchange reserves rose for a third straight week to a record high of $683.99 billion as of... Published 06 Sep, 2024 05:07pm
Business & Finance India’s factory activity growth hits three-month low, PMI shows BENGALURU: India’s manufacturing activity growth eased to a three-month low in August as demand softened... Published 02 Sep, 2024 10:33am
Markets India’s forex reserves hit record high BENGALURU: India’s foreign exchange reserves rose for a second straight week and hit a record high of $681.69... Published 30 Aug, 2024 05:26pm
Markets India’s forex reserves rise to $674.66bn as of Aug 16 MUMBAI: India’s foreign exchange reserves rose by $4.5 billion and stood at $674.66 billion as of Aug. 16, but were... Published 23 Aug, 2024 05:36pm
Markets Indian rupee to ignore dovish Fed minutes; bias on downside MUMBAI: The Indian rupee is likely to open little changed on Thursday after the mostly dovish US Federal Reserve... Published 22 Aug, 2024 10:50am
Markets Indian rupee worst Asia performer over August despite mild rise MUMBAI: The Indian rupee rose slightly on Tuesday but continued to underperform its Asian peers which have rallied... Published 20 Aug, 2024 10:43am
Markets India’s foreign exchange reserves come off record highs MUMBAI: India’s foreign exchange reserves came off record highs and fell to $670.12 billion as of Aug. 9, the... Published 16 Aug, 2024 05:21pm
Business & Finance India’s central bank holds rates again, as expected MUMBAI: The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, as it... Published 08 Aug, 2024 10:02am
Markets India’s forex reserves come off record highs MUMBAI: India’s foreign exchange reserves halted a three-week gaining streak and stood at $667.39 billion as of July... Published 02 Aug, 2024 05:04pm
Markets Indian rupee edges higher tracking Asian peers, forward premiums rise MUMBAI: The Indian rupee gained slightly on Thursday, tracking strength in its broader Asian peers after remarks... Published 01 Aug, 2024 12:01pm
Business & Finance Indian rupee ends flat MUMBAI: The Indian rupee closed flat on Tuesday after lingering in a tight band through the day’s session as... Published 31 Jul, 2024 06:50am
Business & Finance India’s foreign exchange reserves rise for third week, hit record high BENGALURU: India’s foreign exchange reserves rose for a third straight week, hitting a lifetime high of $670.86... Published 26 Jul, 2024 06:54pm
Markets Reliance, Wipro weigh on Indian shares BENGALURU: Indian shares closed marginally lower on Monday, dragged by Reliance Industries and Wipro after the... Published 23 Jul, 2024 08:29am
Business & Finance Indian rupee ends at record closing low MUMBAI: The rupee fell to its weakest closing level on record on Friday even as likely intervention from the Reserve... Published 20 Jul, 2024 05:34am
Business & Finance India’s foreign exchange reserves hit record high MUMBAI: India’s foreign exchange reserves rose for a second straight week and hit a record high of $666.85 billion... Published 19 Jul, 2024 05:28pm
Markets India’s forex reserves fall to $652 billion as of June 28 MUMBAI: India’s foreign exchange reserves fell by $1.7 billion last week to stand at $652 billion as of June 28,... Published 05 Jul, 2024 05:04pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points