RBI's currency defence could leave banks paying the price
Net Open Rupee Position is the overnight unhedged exposure held by a bank in India.
Read MoreNet Open Rupee Position is the overnight unhedged exposure held by a bank in India.
Read MoreThe Indian Rupee hit a record low against the US Dollar. Mounting worries over the energy crisis, fueled by the Middle East war, are impacting the currency. Analysts predict further losses for the Rupee. India faces growth and inflation risks.…
Read MoreCommerce and Industry Minister Piyush Goyal met with US Trade Representative Jamieson Greer and China’s Commerce Minister Wang Wentao on the sidelines of the WTO Ministerial Conference. Discussions focused on next steps for a proposed India-US bilateral trade agreement and…
Read MoreUS demand for Indian exports like shrimp and textiles remains subdued due to policy uncertainty and geopolitical tensions, despite tariff cuts. Section 301 investigations into “structural excess capacity” further dampen recovery prospects for these sectors. Gems and jewellery exports, however,…
Read MoreCEO pay in India grew slowest since COVID-19 in FY26. Deloitte reports median compensation reached Rs 10.5 crore. This reflects market volatility and changing incentive plans. CFOs saw the highest pay rise due to high attrition and increased responsibilities. Companies…
Read MoreIndia’s central bank will examine e-commerce marketplaces and other digital payment facilitators. This move aims to strengthen oversight of the country’s fast-growing payments ecosystem. The Reserve Bank of India will also review cross-border payments and introduce secure tokenisation and transparent…
Read More