Foreign Portfolio Investors withdrew Rs 20,974 crore from Indian equities in September (up to September 18), turning cautious after investing Rs 20,200 crore in July and Rs 29,630 crore in August, according…
The rupee closed at 95.94 against the US dollar on Thursday, down 3 paise from the previous close, after briefly slipping past the 96 mark in intraday trade. The currency recovered on…
The rupee staged a sharp recovery on Tuesday, closing 24 paise higher at 95.46 against the US dollar, driven by positive domestic markets, a weaker greenback, and a fall in crude oil…
The rupee pared initial gains and settled 3 paise lower at 95.74 against the US dollar on Monday, August 24, 2026, on a positive American currency and weak domestic markets, The Hindu…
Only 8 of India's 26 life insurers have branches in GIFT City, with most products focused on unit-linked insurance plans rather than term insurance. NRIs and foreign nationals can buy dollar-denominated policies…
India imports over 85% of its crude oil, making it the country's single largest import item. In FY24, crude imports cost roughly USD 180 billion, nearly one-fourth of total imports. A USD…
Citigroup and Axis Bank have teamed up to offer leveraged foreign-currency deposits to non-resident Indians, multiplying dollar inflows into India as the RBI ends its concessional swap window early after deposits surged…
Tata Mutual Fund, HDFC Mutual Fund, Axis Mutual Fund, and Aditya Birla Sun Life Mutual Fund have resumed accepting large lump-sum investments in their gold exchange-traded funds (ETFs) and gold fund of…
The Indian rupee opened 9 paise stronger at 95.65 against the US dollar on Friday, supported by a weaker dollar overseas, but pared most gains to close just 3 paise higher at…
During the election campaign until May 4, the government ordered public sector oil marketing companies (OMCs) to sell petroleum products at pre-Iran war prices to hide looming economic trouble, according to a…
