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US Dollar

Dollar steady in cautious start to busy data, Fed week

Dollar steady in cautious start to busy data, Fed week

Mon, Jan 29, 2024

US dollar rate index news: The dollar started the week on a steady footing as investors took stock of US economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check.

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Fri, Jan 26, 2024

US dollar rate index news: The US dollar held firm on Friday after rising overnight, as traders weighed how domestic GDP data that surprised to the upside would impact the Federal Reserve's rate path and awaited key inflation data later in the day.

US dollar falls ahead of GDP, inflation data; Fed in focus

US dollar falls ahead of GDP, inflation data; Fed in focus

Thu, Jan 25, 2024

US dollar rate index news: The US dollar dropped on Wednesday, taking a breather from recent gains, as investors consolidated positions and looked to economic data this week and the Federal Reserve policy meeting next week for more clues about the start of the easing cycle.

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Axis Bank is close to acquiring Citigroup's retail banking business in India - What we know so far

Axis Bank is close to acquiring Citigroup's retail banking business in India - What we know so far

Wed, Mar 30, 2022

Axis Bank is close to acquiring Citigroup's retail banking business in India and a deal is likely to be announced soon, sources said on Wednesday.

Petrol hits Rs 100 as prices up 80 paise, diesel sees 70 paise hike - Check rates in Delhi, Mumbai

Petrol hits Rs 100 as prices up 80 paise, diesel sees 70 paise hike - Check rates in Delhi, Mumbai

Tue, Mar 29, 2022

Petrol prices in the national capital as well as most state capitals crossed Rs 100 a litre mark as its rates on Tuesday were hiked by 80 paise a litre.

JBIC prepared to finance additional $500 mn to SBI for Maruti Suzuki's supply, value chain

JBIC prepared to finance additional $500 mn to SBI for Maruti Suzuki's supply, value chain

Mon, Mar 28, 2022

JBIC has committed USD 8 billion investment in India of which USD 5 billion is for acquisition financing along with commercial banks, Toshihiko Kurihara, Chief Representative, Representative Office in New Delhi, JBIC said in an interaction.

Gold marginally higher by Rs 30; silver gains Rs 596

Gold marginally higher by Rs 30; silver gains Rs 596

Fri, Mar 25, 2022

Gold rose by Rs 30 to Rs 51,827 per 10 grams in the national capital on Friday following overnight gains in the precious metal in global markets, according to HDFC Securities.

A strong Dollar against all major currencies will prevent any long term sustained rise in crude oil; here's why

A strong Dollar against all major currencies will prevent any long term sustained rise in crude oil; here's why

Fri, Mar 25, 2022

Dr. Joseph Thomas, Head Of Research, Emkay Wealth Management decodes the impact of Dollar on oil prices, and what is the way ahead.

India needs over 2000 single-aisle aircraft in 20 years, says Boeing

India needs over 2000 single-aisle aircraft in 20 years, says Boeing

Fri, Mar 25, 2022

South Asia's air travel sector is dominated by the Indian market, which accounts for about 90 percent, the US aircraft maker said in a press release.

Mobile phone exports set to cross Rs 43,500 crore this fiscal

Mobile phone exports set to cross Rs 43,500 crore this fiscal

Fri, Mar 25, 2022

ICEA said exports of mobile phones from India have already jumped about 75 percent in one year to USD 5.5 billion (about Rs 42,000 crore) early this month from USD 3.16 billion (about Rs 24,000 crore) at the end of 2020-21.

Fintech startup Credilio raises USD 4 million

Fintech startup Credilio raises USD 4 million

Fri, Mar 25, 2022

Credilio has raised USD 4 million or around Rs 30 crore in pre-series-A round from a clutch of investors.

Gold set for weekly gain on Ukraine worries

Gold set for weekly gain on Ukraine worries

Fri, Mar 25, 2022

Gold prices were set on Friday for a third weekly gain in four, as no material progress in Russia-Ukraine peace talks supported the safe-haven metal, although a spike in U.S. yields on fears of aggressive tightening measures dented bullion`s appeal.

Dalal Street Voice: India at cusp of an earnings and credit cycle; could hit $3 trn GDP mark this year: Rajesh Bhatia of ITI Long Short Equity Fund

Dalal Street Voice: India at cusp of an earnings and credit cycle; could hit $3 trn GDP mark this year: Rajesh Bhatia of ITI Long Short Equity Fund

Thu, Mar 24, 2022

In an interview with Zeebiz's Kshitij Anand, Bhatia said that India is at the cusp of earnings and credit cycle and therefore, if these inflation scares prove to be transient, then FIIs will have to come back to India and corporate earnings growth in double-digit will lead to the double-digit in stocks as well.

Rupee rises 4 paise to end at 76.35 against US dollar

Rupee rises 4 paise to end at 76.35 against US dollar

Thu, Mar 24, 2022

The rupee traded in a narrow range and settled 4 paise higher at 76.35 (provisional) against the US dollar on Thursday, despite a muted trend in domestic equities.

Russia Ukraine Conflict could trigger further crisis in global commodity prices; expect greater spike if war continues

Russia Ukraine Conflict could trigger further crisis in global commodity prices; expect greater spike if war continues

Thu, Mar 24, 2022

Having managed to swing above the USD 123 mark, the prices of crude are edging higher, once again and it will be difficult to estimate the movement of this 'Black-Gold'.

Atmanirbhar mission not leading India towards closed economy, says NITI Aayog Vice-Chairman Rajiv Kumar

Atmanirbhar mission not leading India towards closed economy, says NITI Aayog Vice-Chairman Rajiv Kumar

Tue, Mar 22, 2022

NITI Aayog on Tuesday sought to dispel the fear that India is favouring a closed economy by promoting 'Atmanirbhar' mission.

Inflection Point Ventures announces USD 50 million VC fund

Inflection Point Ventures announces USD 50 million VC fund

Tue, Mar 22, 2022

IPV, an angel investment platform, on Monday announced the launch of its new fund Physis Capital that will have a corpus of USD 50 million (about Rs 380 crore).

Gold steady as robust Treasury yields counter Ukraine woes

Gold steady as robust Treasury yields counter Ukraine woes

Tue, Mar 22, 2022

Gold prices held steady on Tuesday as U.S. Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve chairman.

PhonePe announces acquisition of GigIndia

PhonePe announces acquisition of GigIndia

Mon, Mar 21, 2022

Digital payments platform PhonePe on Monday announced that it has acquired GigIndia, a network for freelance micro-entrepreneurs.

RBI remains net seller of US dollars in January; sells USD 771 million

RBI remains net seller of US dollars in January; sells USD 771 million

Thu, Mar 17, 2022

The Reserve Bank of India (RBI) remained a net seller of the US currency in January 2022, selling USD 771 million in the spot market.

Tata Consultancy Services wins Singapore Stock Exchange contract - SGX Nifty IFSC to run on TCS trading platform

Tata Consultancy Services wins Singapore Stock Exchange contract - SGX Nifty IFSC to run on TCS trading platform

Wed, Mar 16, 2022

Tata Consultancy Services, which controls over 40 percent of the capital markets infrastructure solutions, has won a contract from Singapore Stock Exchange to run trading and settlement platforms for the upcoming SGX Nifty Exchange at International Financial Services Centre in Gandhinagar.

Rupee spurts by 42 paise to 76.20 against US dollar on stocks rally

Rupee spurts by 42 paise to 76.20 against US dollar on stocks rally

Wed, Mar 16, 2022

The rupee spurted by 42 paise to a nearly two-week high of 76.20 against the US dollar on Wednesday.

ATF price hiked by steepest ever 18 percent to all-time high

ATF price hiked by steepest ever 18 percent to all-time high

Wed, Mar 16, 2022

Jet fuel prices on Wednesday were hiked by over 18 percent - the steepest ever increase - to all-time high levels after international oil price surged to a multi-year high.

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