Asia

India's forex reserves rise to 4-month high

India's foreign exchange reserves rose to an over four-month high of $604.04 billion as of December 1, according to the latest data released by the RBI on Friday.

Dec 9, 2023

Nifty crosses 21,000-mark, reaches new all-time high

The Nifty reached a new all-time high as the RBI Governor announced the monetary policy, surpassing the 21,000 mark, says Rupak De, Senior Technical analyst at LKP Securities.

Dec 8, 2023

RBI retains repo rate at 6.5%

As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

Dec 8, 2023

Markets expect profit booking at higher levels after poll results

Markets expect profit booking at higher levels after 2023 Assembly election results in 5 states which give thumbs up to BJP

Dec 7, 2023

Over 97% of Rs 2,000 banknotes have been returned: RBI

The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business on November 30, 2023, the Reserve Bank of India (RBI) announced on Friday.

Dec 1, 2023

Markets await exit polls on Thursday

This week is likely to be volatile but a rally is likely soon. FIIs have already turned buyers. FII and DII money flows can trigger a large-cap led rally, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Nov 28, 2023

SEBI can't act against entities based only on news reports: CJI

Chief Justice D.Y. Chandrachud, has expressed concerns over the reliance placed by the petitioners in the Adani-Hindenburg case on certain media reports to level allegations against the Adani Group and India's regulatory system.

Nov 25, 2023

Sensex, Nifty remain flat on banking stocks' poor performance

At 11 am the Sensex was up 11.28 points or 0.02% at 66,029.09, while the Nifty was up 9.50 points or 0.05% at 19,811.50.

Nov 24, 2023

CRISIL upgrades IIFL Finance's outlook to 'Positive' from 'Stable'

Fairfax-backed IIFL Finance Limited, which is one of India's largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to 'Positive' from 'Stable'.

Nov 22, 2023

Rupee fails to recover despite fall in US dollar; Rupee hovering at this value

The rupee failed to recover in morning trade on Tuesday despite a weak dollar and was hovering at the previous day's record low of 83.34 against the US greenback at 11.28 a.m.

Nov 21, 2023

India's gold imports soared to 31-month high in October on festive demand

India's gold imports for the month of October peaked at 123 metric tons, compared to 77 tons in the same period a year ago

Nov 20, 2023

Make In India reaping fruits as Amazon eyes $20 billion exports by 2025: Top official

Amazon has slashed the subscription fees for its global selling programme from $120 to $1 for the first three months for exporters signing up before March 31

Nov 17, 2023