Fitch Ratings has affirmed Adani Ports and Special Economic Zone Limited's (APSEZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' and removed it from Rating Watch Negative (RWN), while maintaining a Negative Outlook.
Indian stock markets continue to follow the trends of previous session on Wednesday and ended flat in the volatile session, as investor's sentiment impacted by the concerns such as overvaluation, threats of tariff war, and currency depreciation.
Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.
Foreign investors continue to pull money out of Indian stock markets, with net selling by Foreign Portfolio Investors (FPIs) reaching Rs 24,753 crore in the first week of March, according to data from the National Securities Depository Limited (NSDL).
New Delhi [India], March 7: Whether it is your honeymoon or a foreign trip with friends or family, a vacation can be expensive. Major costs include airfare, hotel accommodation, meals, sightseeing, local transfers, shopping, etc. Exhausting your savings on the trip is not a good idea when yo
The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
Continuing the drive against modules involved in the import of security paper and printing Fake Indian Currency Notes (FICN), the Directorate of Revenue Intelligence (DRI) conducted simultaneous searches at 11 different places across Maharashtra, Haryana, Telangana, Tamil Nadu and Bihar yest
New Delhi [India], February 20: The Indian currency has been going through a rough phase. This difficult ride for the Indian Rupee is not new. In the past 5 years, the USD has appreciated 14.85% against the INR. But why is this important? It is important because a change in the currency valu
Extensive searches were conducted at five locations in Bihar and one each in Jammu and Kashmir and Telangana, as part of the NIA investigations into a fake currency racket operated by accused and suspects from Nepal by using cryptocurrency.
The market participants in the upcoming week starting from Monday will react to the foreign institutional investment flow, currency movement, speculation regarding U.S. tariffs and their impact on global trade and key domestic data.