USD vs INR: The Indian rupee depreciated past 93 against the US dollar for the first time on Friday, marking its sharpest single-day decline in more than four years, amid concerns over the impact of Iran’s war-driven disruptions to global energy supplies on Asia’s third-largest economy. The rupee dropped over 1% to 93.7350 per dollar,…
So far in 2025-26, only three banks—Bank of India, Bank of Baroda, and Axis Bank—have tapped infrastructure bonds, raising a total of ₹25,000 crore, as against ₹Rs 94,488 crore raised by 11 lenders a year ago, according to ratings firm Icra Ltd. Source
The names of 10 big defaulters of the country have come to light. According to the data revealed from Parliament, a total of Rs 40,635 crore is due on all of them till March 31, 2025. In a written reply in the Lok Sabha, Union Finance Minister Nirmala Sitharaman said that these companies and individuals…
Petrol and diesel prices across several Indian cities saw marginal changes but these fuel rates remained largely unchanged on March 13, Friday, even as global oil markets scramble for stability. After one of the most turbulent trading weeks in years. Cities like Hyderabad, Kolkata and Patna continue to have some of the highest petrol prices…
RBI: reserve Bank of India To declare the dividend of commercial banks and profits Has abolished its 2025 framework to control the method of sending. In its place, new guidelines have been brought which will be applicable from FY27. According to media reports, in a notification issued on March 10, the Central Bank said that…
The Sovereign Gold Bond Scheme (SGB) 2020–21 Series XII will be available for premature redemption on Monday, March 9, as it enters its fifth-year redemption window under Government of India guidelines. Investors holding the bond are likely to realize a capital gain of around 248% over the original issue price of ₹4,612 per unit for…
The ongoing conflict in the Middle East, with the US and Israel-led attacks on Iran and the strong retaliation by the Islamic state, has put the global investors on edge and oil prices on a boil. This situation does not bode well for the equity and bond market investors. The signs of a bloodbath on…
Only “permissible holders” can buy or sell equity shares of Indian public companies listed on IFSC exchanges, said Ketaki Mehta, partner, GIFT City at Cyril Amarchand Mangaldas. “Importantly, a permissible holder cannot be a person resident in India. Consequently, resident Indians, whether individuals or companies, are prohibited from purchasing or selling such shares on IFSC…
In the recent past, there has been a huge jump in the prices of gold and silver. After all, what is the reason behind the increase in the prices of gold and silver, Finance Minister Nirmala Sitharaman has responded on this. He said, the government is keeping a close watch on the prices of gold…
The Securities and Exchange Board of India (Sebi) will look into representations by stockbrokers seeking a rethink of new norms issued by the Reserve Bank of India (RBI) that require banks to tighten funding to proprietary traders under capital market exposure rules. Sebi chief Tuhin Kanta Pandey at an event on Monday, “We have received…
