The Indian rupee will find support in the coming days, buoyed by a weaker US dollar index (DXY) and expectations of strong foreign portfolio investment (FPI) inflows, a report by Union Bank of India (UBI) anticipated.
US dollar will remain soft this year which is likely to benefit Emerging Market (EM) assets according to a research report by American investment banking firm JP Morgan.
The Reserve Bank of India's record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI).
"Congress party has supported the decision to send multi-party delegations across the world. At the same time, our endeavour must be to put Pakistan back on the grey list of the Financial Action Task Force. We have to ensure that Pakistan does not get any additional funding for its Military
The US dollar has likely to be entered in a long-term downtrend because of several economic and political factors that suggest a weaker dollar in the coming years, according to a report by Jefferies.
As the global uncertainties show signs of moderation and geopolitical tensions along India's borders settle, the Rupee will witness stability, said Union Bank of India (UBI) report.
Manmohan Kamath (63) and Dinesh (12), son of a Bharath, a Nepalese residing in an apartment in the BTM Second Stage Dollars Colony, NS Palya died due to electrocution on Monday.
Refuting allegations of diverting any loan proceeds to her and husband, Byju Raveendran, BYJU'S co-founder, Divya Gokulnath, stated that the couple currently lacks the funds to even hire legal representation in a U.S. court.
Shares in Taiwan closed more than 450 points higher Wednesday, led by gains in contract chipmaker TSMC, which neared the New Taiwan Dollar 1,000 (USD 33.08) mark following an overnight rally in US tech stocks, Central News Agency Taiwan reported, quoting dealers.
Bengaluru (Karnataka) [India], May 14: MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool
Following reports of Qatar's gifting of a luxury Boeing 747-8 to the US, President Donald Trump emphasised that the aircraft will be used temporarily until the new Boeing planes arrive, highlighting the cost savings of hundreds of millions of dollars.