Frank Jack Daniel And Swati Bhat

Stories by Frank Jack Daniel And Swati Bhat

Don't make 'mockery' of your lending operations: RBI to banks

Don't make 'mockery' of your lending operations: RBI to banks

Rediff.com   20 Feb 2015

India's banks rely on overnight borrowings to fund longer-term lending.

Few things economic advisors, investors expect from the Budget

Few things economic advisors, investors expect from the Budget

Rediff.com   13 Jan 2015

Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.

Retail inflation eases to around 5.2% in December

Retail inflation eases to around 5.2% in December

Rediff.com   12 Jan 2015

Earlier, India said the headline annual consumer price inflation accelerated to 5 per cent, compared with a 4.4 per cent print in November.

The man Modi chose to revive Indian economy

The man Modi chose to revive Indian economy

Rediff.com   5 Jan 2015

Eminent free market economist Arvind Panagariya has been appointed to run Indian Prime Minister Narendra Modi's new Policy Commission, set up to modernise economic strategy after decades of Soviet-style central planning.

Rupee falls on year-end FII sell-off

Rupee falls on year-end FII sell-off

Rediff.com   26 Dec 2014

The rupee had weakened by 23 paise to end at 63.51 against the American currency on Wednesday on month-end dollar demand from oil companies and persisting selling by foreign funds in stocks.

Rupee hurt by month-end dollar demand

Rupee hurt by month-end dollar demand

Rediff.com   23 Dec 2014

The rupee had gained five paise to close at 63.25 against the dollar in on Monday's trade on fresh selling of the US currency by exporters amid bullish stocks.

Rupee sees biggest one-day fall in over 4 months, may fall more

Rupee sees biggest one-day fall in over 4 months, may fall more

Rediff.com   15 Dec 2014

The rupee has posted its biggest single-day fall in more than four months to end at 62.95 against the dollar.

RBI finds falling inflation a hard sell for consumers

RBI finds falling inflation a hard sell for consumers

Rediff.com   10 Dec 2014

The RBI expects inflation in 2015 to hover around 6 per cent -- its target for January 2016 -- and sees risks to the target evenly balanced.

Rupee ends at 61.89 against the dollar

Rupee ends at 61.89 against the dollar

Rediff.com   9 Dec 2014

Rupee ends at 61.89 against the dollar, falls for second straight day.

Rupee falls, tracking broad dollar rally

Rupee falls, tracking broad dollar rally

Rediff.com   8 Dec 2014

The rupee had rebounded 15 paise to close at two-week high of 61.77 against the dollar at the Interbank Foreign Exchange on Friday.

Rupee see-saws; state banks' dollar buying, weak shares hurt

Rupee see-saws; state banks' dollar buying, weak shares hurt

Rediff.com   13 Nov 2014

The rupee had edged higher by four paise to end at 61.51 against the American currency in yesterday's trade on fresh selling of dollars by banks and exporters.

Rupee ends 5 paise down against the dollar

Rupee ends 5 paise down against the dollar

Rediff.com   12 Nov 2014

The dollar's weakness against other currencies overseas and a higher opening in the domestic equity market supported the rupee, forex dealers said.

Rupee closes weaker against the dollar at 61.56

Rupee closes weaker against the dollar at 61.56

Rediff.com   11 Nov 2014

The rupee had hit an intra-day low of 61.6750 on Friday, its lowest level since Oct. 17.

Rupee gains in line with Asia peers after US jobs data

Rupee gains in line with Asia peers after US jobs data

Rediff.com   10 Nov 2014

Traders are looking ahead at the consumer prices data due on Wednesday, amid rising expectation the Reserve Bank of India could opt for earlier-than-expected cuts in interest rates should inflation continue to ease.

Rupee ends flat; outlook positive

Rupee ends flat; outlook positive

Rediff.com   22 Oct 2014

The partially convertible rupee closed at 61.31/32 per dollar, unchanged from its Tuesday close.

RBI fires warning shots on companies' lack of forex hedging

RBI fires warning shots on companies' lack of forex hedging

Rediff.com   22 Oct 2014

The RBI's warnings signal its concern that unhedged firms could be a vulnerable link should global markets buckle.

Rupee edges higher tracking share gains; broad dollar gains hurt

Rupee edges higher tracking share gains; broad dollar gains hurt

Rediff.com   21 Oct 2014

In the offshore non-deliverable forwards, the one-month contract was at 61.58, while the three-month contract was at 62.18.

Rupee gains for third session on debt-related dollar inflows

Rupee gains for third session on debt-related dollar inflows

Rediff.com   8 Oct 2014

Forex dealers attributed the rupee's fall to increased demand for the US currency from importers and a lower opening in the domestic equity market.

Rupee hits over 1-week high on bunched-up dollar inflows

Rupee hits over 1-week high on bunched-up dollar inflows

Rediff.com   7 Oct 2014

Forex dealers said besides increased selling of the American currency by exporters and banks, the dollar's weakness against other currencies overseas also supported the rupee, but a lower opening in the domestic equity market limited the rise.