The rupee is expected to trade in the range of 87.5-88.5 against the US dollar in the near term, while strong macroeconomic fundamentals are likely to support the domestic currency in the long run, according to a report released by Bank of Baroda.
In a statement, BCCI said, "The Board of Control for Cricket in India ("BCCI") invites bids from reputed entities for acquiring the National Team Lead Sponsor Rights. Accordingly, the BCCI is issuing an Invitation for Expression of Interest for National Team Lead Sponsor Rights ("IEOI"), whi
In a significant move aimed at further facilitating trade in Indian Rupees, the Reserve Bank of India (RBI) has simplified the procedure for opening Special Rupee Vostro Accounts (SRVAs).
The Indian Rupee continued to weaken on Tuesday, 5th August, as it came under pressure due to continuous dollar demand from importers and persistent foreign institutional investor (FII) outflows
The Indian Rupee is likely to weaken further to 88.5 per U.S. dollar following the imposition of fresh tariffs by U.S. President Donald Trump, according to a report by ICICI Bank.
Foreign Secretary Vikram Misri, addressing a press briefing, said that this will be the first line of credit extended to the Maldives denominated in Indian rupees, replacing the earlier dollar-denominated credit.
IIFL Home Finance Limited (IIFLHFL), a leading housing finance company focussed on the affordable housing segment, has secured a USD 100 million (in equivalent Indian rupee) financing from the Asian Infrastructure Investment Bank (AIIB).
As global trade tensions rise with the return of high tariffs under US President Donald Trump's policy, questions are being raised on whether countries affected by these tariffs will sell off their dollar-denominated assets to manage the financial burden.
The Indian rupee is expected to trade in the range of 85.25-86.25 against the US dollar in the near term, according to a recent report by Bank of Baroda.
Speaking to ANI on Tuesday, Ramdev said, "The people should support PM Modi's call for 'swadeshi' products because the PM wants to achieve the aim of the 'Viksit Bharat' and wants to make the country an economic and spiritual superpower. To achieve this, we need to boycott products from Chin
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.