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NEWS
Russia halts rupee repatriation as India offers bouquet of investment options, say sources
Wed, May 08, 2024     Source : Business Line
Russian entities looking to invest surplus rupee piling in vostro accounts in securities, bonds, equity, loans
NEWS
West Asia flare-up roils equity, rupee; Sensex, Nifty slip over 1%
Tue, Apr 16, 2024     Source : Business Standard
Losses limited amid diplomatic efforts to contain the crisis
NEWS
Many countries want to start rupee trade with India: FM Nirmala Sitharaman
Sat, Mar 02, 2024     Source : Economic Times
Finance Minister Nirmala Sitharaman on Friday said many countries are negotiating to start trade in rupee as the country's fundamentals are strong and the Indian unit has been "mostly stable" against most ...
MUTUAL FUNDS NEWS
Overseas investing limits for mutual funds will depend on rupee’s stability: Das
Fri, Jan 12, 2024     Source : Mint
Reserve Bank of India governor Shaktikanta Das said the central bank is waiting for the right time to increase the overseas investment limit for domestic mutual funds, which is currently capped at $7 billi...
NEWS
IL&FS Group may surpass Rupees 61k-crore debt recovery goal
Mon, Dec 18, 2023     Source : Financial Express
The corporate affairs ministry had superseded the board of IL&FS in October 2018 following reports of financial irregularities.
NEWS
RBI receives 97% of 2000 rupee notes as of Nov 30
Sat, Dec 02, 2023     Source : Economic Times
Of the total 2000 rupee bank notes that were withdrawn from circulation as on 19th May this year, 97.26% have been returned, said the Reserve Bank Of India (RBI).
NEWS
Keeping an eye on rupee & Fed policy, says FM Nirmala Sitharaman
Tue, Nov 28, 2023     Source : Economic Times
Finance minister Nirmala Sitharaman said on Monday that while the domestic market and India's macroeconomic fundamentals are fairly well-rooted, the government continues to monitor external factors such as...
NEWS
SBI, Bank of Baroda gets encouraging response for digital rupee
Fri, Nov 24, 2023     Source : Financial Express
Bank of Baroda is targeting to increase the number of CBDC users to 1 million by the end of current financial year.
NEWS
Weaker rupee dents FPI returns; JP Morgan bond index inclusion offers hope
Fri, Nov 03, 2023     Source : Mint
The depreciation of the Indian rupee over the past two years has impacted dollar returns for foreign portfolio investors (FPIs), leading to cash market sales.
NEWS
Government hikes windfall tax on petroleum crude to 9,800 rupees/ton effective tomorrow
Wed, Nov 01, 2023     Source : Mint
The Indian government has increased the windfall tax on petroleum crude to 9,800 Indian rupees ($117.70) per ton from 9,050 rupees per ton starting Wednesday, according to a government notification on Tues...
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