INDIA RUPEE -Rupee to extend recovery, RBI takes more steps to ease pressure
The Indian rupee is set to build on its recovery at Tuesday’s open after the Reserve Bank of India announced more measures to alleviate pressure on the
Read MoreThe Indian rupee is set to build on its recovery at Tuesday’s open after the Reserve Bank of India announced more measures to alleviate pressure on the
Read MoreOn Tuesday, Indian stock markets started with a decline but quickly bounced back into positive territory. The BSE Sensex dipped to 71,732.21 and the NSE Nifty fell to 22,317.30, influenced by global market fluctuations. The cautious investor sentiment stemmed from…
Read MoreAudit regulator flags shortcomings in implementing the auditing standard, as experts call for timely escalation of significant audit issues, direct auditor access to audit committees and stronger scrutiny of management responses.
Read MoreThe Reserve Bank of India on Monday tightened rules on rupee non-deliverable derivative contracts, limiting overseas clients to using them only for hedging, and widened a 20% cash reserve requirement to banks’ own rupee currency hedges.
Read MoreThe International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy’s resilience amidst geopolitical tensions and depleting oil inventories. Advanced economies are projected to grow more slowly, while emerging markets may…
Read MoreThe rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI clamped down on speculative currency trading. Rupee opened the day at 95.76 per dollar…
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