News for 'foreign currency'

ED raids another TN minister, CM Stalin says election campaign

ED raids another TN minister, CM Stalin says election campaign

Rediff.com18 Jul 2023

"The DMK is not worried a wee bit," he said on the ED searches. Such an action by the ED was 'usual, ordinary and a drama' enacted to divert attention.

Forex kitty swells to all-time high of $340 billion

Forex kitty swells to all-time high of $340 billion

Rediff.com27 Mar 2015

India's foreign exchange reserves shot up to an all-time high of $339.99 billion.

Forex reserves near $300-billion mark

Forex reserves near $300-billion mark

Rediff.com28 Mar 2014

The total foreign exchange reserves had increased by $1.838 billion to $297.28 billion in the previous reporting week.

India's forex reserves decline to $314.6 billion

India's forex reserves decline to $314.6 billion

Rediff.com12 Dec 2014

India's foreign exchange reserves have dropped by a massive $1.649 billion to $314.661 billion in the week to December 5, led by a fall in foreign currency assets.

Forex reserves rise to $343 billion

Forex reserves rise to $343 billion

Rediff.com24 Apr 2015

India's foreign exchange reserves surged by a healthy $2.788 billion to $343.2 billion in the week to April 17.

Rupee fall: What the government, RBI plan to do

Rupee fall: What the government, RBI plan to do

Rediff.com25 Jun 2012

India Inc expects hike in FCNR (B) rates among on Sunday's measures to arrest rupee fall.

Indian firms raise $4.56 bn from foreign markets in Dec

Indian firms raise $4.56 bn from foreign markets in Dec

Rediff.com24 Jan 2014

In November they had raised $2.19 billion from abroad, according to the Reserve Bank data released on Friday.

India's forex reserves fall to $351.615 bn

India's forex reserves fall to $351.615 bn

Rediff.com4 Dec 2015

The gold reserves remained unchanged at $18.691 billion.

India's forex reserves down at $277 billion

India's forex reserves down at $277 billion

Rediff.com2 Apr 2010

The country's foreign exchange reserves fell by $1.151 billion to $277.042 billion for the week ended March 26, against $278.193 billion in the previous week.

RBI may allow costlier FCCBs for pre-payment

RBI may allow costlier FCCBs for pre-payment

Rediff.com3 May 2012

Facing huge redemption pressure on funds raised via foreign currency convertible bonds (FCCBs), India Inc has requested the Reserve Bank of India (RBI) to allow companies to offer higher interest rates on fresh foreign currency loans or bonds, the proceeds of which will be used to pre-pay existing FCCBs.

India's forex reserves rise to $352.515

India's forex reserves rise to $352.515

Rediff.com20 Nov 2015

The gold reserves remained unchanged at $18.691 billion in the week.

India's forex reserves fall to $278.67 bn

India's forex reserves fall to $278.67 bn

Rediff.com27 Feb 2010

The country's foreign exchange reserves fell by $528 million for the week ended February 19 to $278.672 billion compared to $279.2 billion in the previous week. Foreign Currency Assets (FCA), during the week, declined to $254.203 billion from $254.7 billion a week ago, the RBI said in its weekly report.

India's forex reserves up by $2.29 billion

India's forex reserves up by $2.29 billion

Rediff.com29 Jul 2011

After declining for two consecutive weeks, the country's foreign exchange reserves jumped by $2.294 billion to $316.801 billion on the back of healthy rise in foreign currency assets last week.

Six most traded currencies in the world

Six most traded currencies in the world

Rediff.com31 Jan 2012

Lots and lots of money changes hands every day in foreign exchange trading.

India's forex reserves up at $286.72 billion

India's forex reserves up at $286.72 billion

Rediff.com4 Dec 2009

India's foreign exchange reserves rose by $1.379 billion for the week ended November 27, to $286.723 billion compared to $285.344 billion in the previous week.

Moody's may up Indian forex debt rating by mid-Feb

Moody's may up Indian forex debt rating by mid-Feb

Rediff.com8 Jan 2003

Moody's may up Indian forex debt rating by mid-Feb

'Do you have to endanger your sovereignty for peanuts of foreign money?'

'Do you have to endanger your sovereignty for peanuts of foreign money?'

Rediff.com23 Jul 2019

'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'

India's forex reserves jump to $279 bn

India's forex reserves jump to $279 bn

Rediff.com9 Apr 2010

The foreign exchange reserves rose by $2 billion to $279.096 billion for the week ended April 2 as against $277.042 billion in the previous week.

Forex reserves surge $7.78 bn to lifetime high of $568.494 bn

Forex reserves surge $7.78 bn to lifetime high of $568.494 bn

Rediff.com13 Nov 2020

The country's foreign exchange reserves jumped by a massive $7.779 billion to touch a lifetime high of $568.494 billion in the week ended November 6, RBI data showed on Friday. In the previous week ended October 30, the reserves had increased by $183 million to $560.715 billion. In the reporting week, the jump in reserves was mainly on account of an increase in foreign current assets (FCAs), a major component of the overall reserves.

India's forex reserves dip to $302 billion

India's forex reserves dip to $302 billion

Rediff.com26 Dec 2011

India's foreign exchange reserves nearly hit a nine-month low and fell by $5 billion to $302 billion for the week ended December 16, on account of revaluation in foreign currency assets.

From bricks to stocks: Indian family houses take leap with new-found wealth

From bricks to stocks: Indian family houses take leap with new-found wealth

Rediff.com25 Jun 2024

Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.

India's forex reserves fall sharply to $351.92 bn

India's forex reserves fall sharply to $351.92 bn

Rediff.com4 Sep 2015

Country's foreign exchange reserves declined sharply by $3.433 billion to $351.920 billion.

India's forex reserves up at $276.36 billion

India's forex reserves up at $276.36 billion

Rediff.com4 Sep 2009

India's foreign exchange reserves rose by $4.405 billion for the week ended August 28, to $276.362 billion as compared to $271.957 billion in the previous week.The foreign currency assets (FCA), during the week, declined to $260.523-billion from $260.938 billion in the week-ago period, RBI said in its weekly report on Friday.

Crypto Bourses Under The Scanner

Crypto Bourses Under The Scanner

Rediff.com26 Nov 2022

Crypto exchanges have been asked to furnish details this month itself.

Rupee among most traded currencies in the world

Rupee among most traded currencies in the world

Rediff.com9 May 2013

Currencies are traded 24 hours a day every working day.

India's forex reserves rise to $282.84 bn

India's forex reserves rise to $282.84 bn

Rediff.com3 Sep 2010

After having declined for two consecutive weeks, India's foreign exchange reserves grew by $293 million to $282.84 billion compared to earlier week's $282.55-billion.

TN minister Ponmudy issued illegal mining licences to family: ED

TN minister Ponmudy issued illegal mining licences to family: ED

Rediff.com18 Jul 2023

The Enforcement Directorate on Tuesday alleged that Dravida Munnetra Kazhagam leader and Tamil Nadu Higher Education Minister K Ponmudy issued "illegal" red sand mining licenses to his MP son, relatives and some benami holders, and that huge amount of "hawala" funds generated from this mining business was used to purchase companies abroad.

India allows local firms to prepay forex bonds

India allows local firms to prepay forex bonds

Rediff.com6 Feb 2003

India said on Thursday domestic firms would be allowed to prepay existing foreign currency convertible bonds up to September 30, 2003.\n\n\n\n

Moody's upgrades ratings on 11 Indian banks, FIs

Moody's upgrades ratings on 11 Indian banks, FIs

Rediff.com5 Feb 2003

After upgrading India's foreign currency debt rating, Moody's Investor Service on Wednesday upgraded the foreign currency deposit, debt and issuer ratings for 11 Indian banks and financial institutions.

India's forex reserves up at $353.648 billion

India's forex reserves up at $353.648 billion

Rediff.com31 Jul 2015

In the previous week, reserves had declined by $1.03 billion to $353.33 billion.

Moody's upgrades India's rating to investment grade

Moody's upgrades India's rating to investment grade

Rediff.com10 Jan 2012

The 'P-3' ratings suggest acceptable ability to repay short-term obligations.

India's forex reserves fall to $ 318.57 bn

India's forex reserves fall to $ 318.57 bn

Rediff.com29 Aug 2014

The country's foreign exchange reserves declined by $810.7 million to $318.579 billion for the week ended August 22, on account of drop in foreign currency assets.

Vodafone Idea board approves raising up to Rs 14,500 crore

Vodafone Idea board approves raising up to Rs 14,500 crore

Rediff.com3 Mar 2022

Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore would be raised by way of sale of equity or through debt instruments such as ADR, GDR and FCCBs. In a regulatory filing, the company said the board has cleared issuance of up to 338.3 crore equity shares of face value of Rs 10 each at an issue price of Rs 13.30 per equity share for an aggregate consideration of up to Rs 4,500 crore.

India's forex reserves drop to $293 bn

India's forex reserves drop to $293 bn

Rediff.com11 Jan 2014

India's foreign exchange reserves declined by $2.599 billion to $293.11 billion in the week ended January 3 on account of a fall in foreign currency assets, RBI said.

Rupee fall to hit India Inc's margins by Rs 11k cr

Rupee fall to hit India Inc's margins by Rs 11k cr

Rediff.com2 Jul 2012

Embedded redemption premium and 36 per cent depreciation in five years will realise forex losses worth Rs 67.2 billion.

Forex reserves hit new record high of $333 billion

Forex reserves hit new record high of $333 billion

Rediff.com21 Feb 2015

Foreign exchange reserves have hit a fresh high.

The fall of the Indian rupee: How it helps NRIs

The fall of the Indian rupee: How it helps NRIs

Rediff.com2 Dec 2011

India's rupee woes seem to have worked in favour of non-resident Indians (NRIs). Last week, the Reserve Bank of India increased the cap on foreign currency non-resident (FCNR) and non-resident external (NRE) interest rates.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

How interest rates impact the currency

How interest rates impact the currency

Rediff.com11 Aug 2014

Conversely a rate hike may have positive effects if it triggers currency appreciation.

India's forex reserves hit all-time high at $322.14 billion

India's forex reserves hit all-time high at $322.14 billion

Rediff.com23 Jan 2015

The country's gold reserves remained unchanged at $19.377 billion.