Forex traders said investors were cautious ahead of the implementation of the August 27 tariff deadline and the upcoming U.S. economic data ahead of the Federal Reserve’s September 17 meeting. File | Photo Credit: AP The rupee pared initial gains to settle 6 paise lower at 87.58 (provisional) against the U.S. dollar on Monday (August…
Reserve Bank of India Governor Sanjay Malhotra speaks during the FIBAC banking conference in Mumbai, on August 25, 2025. | Photo Credit: Reuters Should the tariffs imposed by U.S. President Donald Trump kick in, the Reserve Bank of India (RBI), like in the past, would step in and provide financial support to worst impacted sectors…
Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Monday (August 25, 2025) affirmed India’s sovereign rating at ‘BBB-‘, with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. “India’s ratings are supported by its robust growth and solid external…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 18 paise to 87.34 against the U.S. dollar in early trade on Monday (August 25, 2025), supported by positive domestic equities, even as external risks remain elevated. Forex traders said the near-term direction of the rupee will depend on two key events…
Two decades ago, if you had told someone you were investing in a currency not regulated by the government, or didn’t bear the signature of the RBI Governor and couldn’t be seen but only stored in virtual wallets, they would have laughed at you. Fast forward to 2025. Several firms have started accepting crypto payments….
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto An emergency fund is one of the most important pillars of financial planning. Without an adequate emergency fund in place, a single financial exigency can push one to high-cost debt, premature liquidation of investments and even adversely impact financial health for the long term. Costly…
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches…
Finance Minister Nirmala Sitharaman chairs a meeting of Group of Ministers (GoMs) constituted by the GST Council on Compensation Cess, Health and Life Insurance, and Rate Rationalisation at Vigyan Bhawan, in New Delhi. File. Photo: X/@FinMinIndia via PTI The story so far: The Group of Ministers (GoM) appointed by the Goods and Services Tax (GST)…
Securities and Exchange Board of India (SEBI). File | Photo Credit: Reuters Markets regulator, Securities and Exchange Board of India (SEBI), has proposed a new framework for the Closing Auction Session (CAS) in the equity cash market, starting with highly liquid derivative stocks to determine the closing prices of shares. The proposal, if implemented, is…
The Securities and Exchange Board of India (SEBI) has sought public comments till September 15 on the proposals. File. | Photo Credit: Reuters Markets regulator SEBI has proposed raising the minimum order size for execution of trades in the block deal windows to ₹25 crore from the current ₹10 crore. The existing threshold had been in…
