March 28, New Delhi: India is solidifying its position as a global financial powerhouse by engaging with international investors and institutions. In Toronto, a high-level delegation highlighted the opportunities at GIFT City, India's first international financial hub in Gujarat.Participants...
canada
economic development
finance
financial centers
gift city
gujarat
ifsca
india
india-canada relations
internationalfinance
investment
k. rajaraman
Mumbai, March 27 The rupee plunged by 86 paise to close at another all-time low of 94.82 (provisional) against the US dollar on Friday, weighed down by high oil prices and a stronger dollar amid uncertainty over the West Asia conflict.A sharp decline in the domestic equity markets and...
Mumbai, March 20 India's foreign exchange reserves declined by USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday.In the previous reporting week, the overall reserves had fallen by USD 11.683 billion to USD 716.81 billion. The kitty had expanded to...
currency
financial assets
foreign exchange reserves
gold reserves
imf
india
internationalfinance
reserve bank of india (rbi)
special drawing rights (sdrs)
Islamabad, March 9 According to a report on Monday, Pakistan has approached Saudi Arabia with a series of requests for long-term economic support, including converting existing short-term deposits of USD 5 billion into a 10-year long-term facility, as well as requests to enhance the deferred...
deposits
economic support
exim bank of pakistan
extended fund facility
financial transactions
fiscal policy
geopolitical tensions
imf program
internationalfinance
oil facilities
pakistan
public investment fund
remittances
saudi arabia
sukuk issuance
Mumbai, March 9 The rupee plunged by 46 paise to near its all-time intra-day low of 92.28 against the US dollar in early trading on Monday as global crude oil prices soared and the US dollar strengthened amid the worsening situation in the Middle East.Brent crude, the global oil benchmark, was...
Mumbai, March 6 India's foreign exchange reserves jumped by USD 4.885 billion to a record high of USD 728.494 billion during the week ended February 27, the Reserve Bank said on Friday.In the previous reporting week, the overall reserves had fallen by USD 2.119 billion to USD 723.608 billion...
banking sector
currency assets
economic data
financial assets
financial reporting
foreign exchange reserves
gold reserves
imf
india
internationalfinance
mumbai
reserve bank of india
reserve management
special drawing rights
usd
New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...
economic growth
energy sector
extended fund facility
financial tranches
fiscal policy
gdp
government reform
imf loan
inflation
internationalfinance
macroeconomic stability
monetary policy
pakistan economy
policy conditionality
political stability
In today's foreign exchange market, the rupee experienced a slight decline, closing at 90 rupees and 65 paise against the US dollar. The dollar index, which reflects the strength of the US dollar against a basket of six other major currencies, was trading at 97.01 during the day.
Mumbai, February 13 India's foreign exchange reserves declined by USD 6.711 billion to USD 717.064 billion during the week ending February 6, the RBI said on Friday.In the previous reporting week, the kitty had jumped by USD 14.361 billion to a record high of USD 723.774 billion.During the...