by Dhara Hariya | 21/09/23 | Forex
In early Thursday trading, the Indian rupee displayed a slight weakening trend as exporters engaged in dollar sales, offsetting concerns about the surge in U.S. Treasury yields following a hawkish Federal Reserve policy. Here’s a summarized look at the key...
by Dhara Hariya | 21/09/23 | Forex
In a recent turn of events, the Indian financial market has witnessed significant fluctuations across various sectors. Here’s a brief overview of the key highlights: 1. Stocks: SENSEX and NIFTY Face Declines The benchmark BSE Sensex saw a drop of 455.17 points,...
by Dhara Hariya | 21/09/23 | Forex
In a recent development, the Indian rupee opened slightly weaker against the US dollar on September 21, influenced by broader global trends. Here’s a concise summary: At 9.10 am, the rupee was trading at 83.12 against the dollar, marking a marginal 0.05 percent...
by Dhara Hariya | 20/09/23 | Forex
This week marks a significant juncture for the world’s most influential central banks, with four of them poised to announce monetary policy decisions. Here’s a quick overview of what to expect: Federal Reserve: The Fed is first in line, with an...
by Dhara Hariya | 20/09/23 | Forex
In a move aimed at enhancing data quality and monitoring, the Reserve Bank of India (RBI) has instructed credit information companies (CICs) to establish a common Data Quality Index (DQI) for both commercial and microfinance segments. The introduction of DQIs will aid...
by Dhara Hariya | 20/09/23 | Forex
India Ratings & Research has revised its GDP growth projection for India in 2023-24, increasing it by 30 basis points to 6.2%. However, the agency has issued a warning about the sustainability of current domestic consumption levels. Principal Economist Sunil Sinha...
