DHAKA: Indian High Commissioner to Bangladesh Pranay Verma said New Delhi was today Dhaka's largest export destination in Asia, and hoped that better connectivity links and new measures like trade in Indian Rupee will further enhance exports to India.

MUMBAI: The RBI announced on Thursday that it has decided to review the regulatory framework for Electronic Trading Platforms (ETPs) and the revised regulatory framework will be issued separately for public feedback.

Dhaka: During a meeting with Bangladesh's newly-elected Foreign Minister Hasan Mahmud, Indian High Commissioner Pranay Verma said a new chapter of bilateral relations between the two neighbouring nations has opened, and would work "more closely" to take the ties forward.

NEW DELHI: India's external debt rose by $4.7 billion in the April-June quarter to touch the USD 629.1 billion mark, although the debt-GDP ratio declined, RBI data released on Thursday showed.

NEW DELHI: Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost of Rs 10,000 crore in August so far also led to selling at higher levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

Abu Dhabi: The meeting of Indian PM Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday comes with many new landmark initiatives. They discussed strengthening the ''distinguished historical relations'' between the UAE and India and ways to achieve the goals of the ambitious strategic and development partnership.

Abu Dhabi: The meeting of Indian PM Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday comes with many new landmark initiatives. They discussed strengthening the ''distinguished historical relations'' between the UAE and India and ways to achieve the goals of the ambitious strategic and development partnership.

Abu Dhabi:Prime Minister Narendra Modi on Saturday held talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan, who received him at the airport on his arrival from France.

CHENNAI:The dedollarisation is a gradual journey and has to face various challenges, including geopolitical angle, said industry officials.

NEW DELHI: India batter Smriti Mandhana was the most expensive buy at the inaugural Women's Premier League auction in Mumbai, when Royal Challengers Bangalore (RCB) snapped her up for INR 3.4 crore deal.

NEW DELHI: The Indian rupee has witnessed a depreciation of 6.9 per cent in the current financial year till November 30, the Parliament was told on Tuesday.

Trading for Samvat 2078 began on a festive note with a significant gap up opening which was on expected lines.

CHENNAI: The Reserve Bank of India (RBI) does not have any fixed dollar-rupee exchange rate and its market interventions are to curb excessive volatility, said Governor Shaktikanta Das.

MUMBAI: The Indian rupee has depreciated to trade at an all-time low of 81.93 against the US dollar after the surge in dollar index, dealers said.

MUMBAI: The Indian rupee fell below 81-mark against the US dollar during the early morning trade for the first time against the US dollar.

MUMBAI: The Indian rupee has depreciated to the record low since the morning trade after the dollar index surged to 20-year high and 75 basis points rate hike by the US Fed, and hint at more rate hikes in the future.

MUMBAI: The Indian rupee ended 11 paise lower on Thursday to close at 79.56 against the US dollar.

The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.
MUMBAI:The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.

The monetary policy committee (MPC) of the Reserve Bank of India (RBI) has unanimously voted to increase the policy repo rate by 50 basis points to 5.40 per cent. Consequently, the Standing Deposit Facility (SDF) rate adjusted to 5.15 per cent and Marginal Standing Facility (MSF) rate and the Bank Rate adjusted to 5.65 per cent.
MUMBAI:The monetary policy committee (MPC) of the Reserve Bank of India (RBI) has unanimously voted to increase the policy repo rate by 50 basis points to 5.40 per cent. Consequently, the Standing Deposit Facility (SDF) rate adjusted to 5.15 per cent and Marginal Standing Facility (MSF) rate and the Bank Rate adjusted to 5.65 per cent.

The rupee has depreciated 30 paise against the US dollar on Thursday as sentiments of investors dampened due to weak macroeconomic data and tensions between US-China.
MUMBAI: The rupee has depreciated 30 paise against the US dollar on Thursday as sentiments of investors dampened due to weak macroeconomic data and tensions between US-China.

The Indian rupee is expected to trade against the US dollar in the range of 79.15 - 79.75 in this fortnight supported by positive global cues, said Bank of Baroda in a research report.
CHENNAI: The Indian rupee is expected to trade against the US dollar in the range of 79.15 - 79.75 in this fortnight supported by positive global cues, said Bank of Baroda in a research report.

Due to the RBI actions, including measures to encourage inflows, the movements of the rupee have been relatively smooth and orderly, RBI Governor Shaktikanta Das said on Friday.
MUMBAI: Due to the RBI actions, including measures to encourage inflows, the movements of the rupee have been relatively smooth and orderly, RBI Governor Shaktikanta Das said on Friday.

The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80, said Kotak Mahindra Bank in a report.
CHENNAI: The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80, said Kotak Mahindra Bank in a report.

The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.
CHENNAI: The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.

The Indian currency is expected to remain under pressure in the near-term amidst a combination of negative global cues as well as domestic factors at play, said Bank of Baroda in a report.

NEW DELHI: Indian equity benchmark indices declined sharply lower and settled in the red on Thursday in line with weakness in the US markets.

NEW DELHI: Indian equity benchmarks declined over 2 per cent on Thursday, led by slump in banking, financial and metal stocks.

MUMBAI: The BCCI has invited bids from reputed entities for staging the Closing Ceremony of IPL 2022, through a tender process."The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, rights and obligations, etc. are contained in the 'Request for Proposal' (RFP) which will be made available on receipt of payment of a nonrefundable fee of INR 1,00,000 (Indian Rupees One Lakh Only) plus any applicable Goods and Services Tax.

NEW DELHI: The Rs 9,000 crore Dwarka Expressway Project is an access controlled expressway with a route alignment connecting Mahipalpur (Shiv Murti) in Delhi with Kherki Dhaula via New Gurgaon (Gurugram) in Haryana. It will feature 20+ flyovers and bridges, 2 rail over-bridges and underpasses, 11 vehicle underpasses, 20 underground pedestrian crossings, and a 2.5m wide cycle and bike path.

MUMBAI: The Indian rupee continued to depreciate on Wednesday amid a strengthening dollar across currencies globally.

MUMBAI:The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns.

NEW DELHI: Low natural gas prices have adversely impacted upstream producers' revenues, profitability and cash accruals, ratings agency ICRA said.

The week gone by had mere four trading days but had plenty of action in it. It had two days of super gains on Monday and Thursday and two flat days. It gained 1,308.39 points or 3.50 per cent to close at 38,697.05 points. NIFTY gained 366.70 points or 3.32 per cent to close at 11,416.95 points. The broader markets saw BSE100, BSE200 and BSE500 gain 3.31 per cent, 3.31 per cent and 3.30 per cent respectively. BSEMIDCAP gained 3.32 per cent while BSESMALLCAP gained 3.28 per cent. Markets gaining almost identical between 3.28 per cent to 3.32 per cent is a rare event and I do not recall having seen such an event in a very long time. I am not sure what to make out of it but am sure that time will make us wiser.