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Indian stock indices continue to rally
Updated : 3 years, 4 months ago IST
Nifty oil and gas, and Nifty auto were the top moving Nifty 50 indices this morning.
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Sprite becomes a billion-dollar brand in India
Updated : 3 years, 4 months ago IST
New Delhi [India], October 27 (ANI/BusinessWire India): The Coca-Cola Company today reported strong third quarter 2022 results as the company continued to build on the momentum from the first half of the year. "Our strong capabilities and consumer insights continue to help us win in the mark
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Indian stock indices continue to rally; value of rupee appreciates
Updated : 3 years, 4 months ago IST
Good second quarter earnings and high trading volumes during Diwali, which is considered auspicious by investors community, somewhat gave fuel to the financial markets.
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Pound strengthens versus dollar on news of Sunak becoming prime minister
Updated : 3 years, 4 months ago IST
The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity contracting for a fourth straight month, an indication that the US Federal Reserve's aggressive monetary tightening was having a significant impact.
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RBI Deputy Governor says internationalisation of rupee is a desirable obje
Updated : 3 years, 4 months ago IST
The Deputy Governor said protection from currency volatility not only reduces cost of doing business, it also enables better growth of business, improving the chances for Indian business to grow globally.
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Foreign investors turn net sellers in India for second straight month
Updated : 3 years, 4 months ago IST
New Delhi [India], October 24 (ANI): Foreign portfolio investors have withdrawn funds worth Rs 5,992 crore from Indian stock markets so far in October and become net sellers for the second straight month amid the strong US dollar index, weak rupee, and tightening of monetary policy.
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Pakistan, China to launch three new CPEC-like corridor projects: Report
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 23 (ANI): Pakistan and China are set to start three new corridors in November, in addition to the multiple billion dollars China Pakistan Economic Corridor (CPEC), to strengthen bilateral ties.
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India's forex reserves at 2-year low amid depreciating rupee
Updated : 3 years, 4 months ago IST
New Delhi [India], October 22 (ANI): India's foreign exchange reserves during the week that ended on October 14 fell to an over two-year low of USD 528.367 billion, a drop of USD 4.5 billion from the previous week.
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During visit to China, Shehbaz to seek new investments, debt rescheduling
Updated : 3 years, 4 months ago IST
Beijing [China], October 22 (ANI): Pakistani Prime Minister Shehbaz Sharif's agenda for his maiden visit to China in November is to seek new investments worth billions of dollars and urge Beijing for rescheduling its debt, media reports said.
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Chidambaram suggests PM to meet top economists to manage rupee depreciatio
Updated : 3 years, 4 months ago IST
New Delhi [India], October 21 (ANI): Veteran Congress leader and former finance minister P Chidambaram has a suggestion for Prime Minister Narendra Modi against what he termed as the "relentless decline" in the value of the Rupee.
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Indian stocks extend gains to sixth straight day; Rupee retreats from reco
Updated : 3 years, 4 months ago IST
New Delhi [India], October 21 (ANI): Indian stock indices extended their gains for the sixth straight session on Friday, led by strength in banking and financial stocks coupled with good second-quarter corporate earnings.
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Rupee still stronger in comparison to other currencies, says analyst Sunil
Updated : 3 years, 4 months ago IST
New Delhi [India], October 20 (ANI): Market analyst Sunil Shah on Thursday said even though the rupee as a currency has weakened in comparison to the US dollar, but it is still "far stronger" than other currencies.
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