Indian equity indices ended Wednesday in negative territory, possibly due to the rupee's weakness against the US dollar, Foreign Institutional Investor (FII) outflows, and ongoing trade uncertainties.
As the rupee weakens toward Rs 90 per dollar, Uday Kotak has urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics.
"Everything is connected to the subject, and that subject was examined in your (RS Chairman) office. After that only she (Dola Sen) spoke. The Leader of the house cannot interfere and say everything is unparliamentary, you delete. Leader is telling, Leader is bulldozing," Kharge told Chai
Ambassador of Ireland to India, Kevin Kelly expressed his delight at attending the Hornbill Festival in Nagaland, calling it an honour for Ireland to be invited as a country partner. He praised the festival's vibrant opening ceremony and highlighted the uniqueness, diversity, and evolving n
New Delhi [India], December 2: Every nation has its rebuilder -- the one who transforms chaos into continuity. For India's rice industry, that figure is Karam Chand Chanana, the patriarch whose courage after Partition turned adversity into architecture. From his resilience emerged a legacy t
Union Finance Minister Nirmala Sitharaman met senior Finance and Economic Ministers from Andorra, Montenegro, Hungary, Kuwait, Cayman Islands, Slovak Republic, Panama and Zimbabwe in New Delhi on Tuesday, reaffirming India's commitment to stronger global cooperation in tax transparency and e
New Delhi [India], December 2: Orient Exchange, one of India's most trusted RBI-authorised foreign exchange providers, has launched a traveller-friendly Buy Back Guarantee offer, allowing customers to return unused foreign currency at the same rate they purchased it. This benefit shields tra
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
The Enforcement Directorate (ED) on Tuesday launched extensive searches across multiple locations in Jharkhand, Maharashtra, and Gujarat in connection with an ongoing probe under the Foreign Exchange Management Act (FEMA), officials said.
The Nagari - Future Cities Conclave, organised by the Centre of Policy Research and Governance (CPRG) in collaboration with the National Stock Exchange (NSE), concluded on Monday after a full day of discussions on accelerating India's urban transformation. The Conclave brought together se
The merchandise trade deficit moderated to US$ 87.4 billion in Q2, marginally lower than USD 88.5 billion in the corresponding period last year. Exports and imports both grew, but the increase in exports helped contain the deficit.