The huge pressure on the currency market largely went unnoticed because of the demonetisation exercise. November saw redemptions of more than $17 billion of the foreign currency non-resident dollar deposits, out of about $27 billion raised three years ago. But, the huge pressure on the currency market largely went unnoticed because of the demonetisation exercise. Three years ago, banks had swapped dollars received in these deposits for rupees with the Reserve Bank of India. At the time ... Rediff.com, 21 hours ago
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22:16 IST Share Article PRINT A A A Vikas Dhoot NEW DELHI: December 01, 2016 22:16 IST Updated: December 01, 2016 22:16 IST more-in Uncertainty over how much tax dodgers will have to pay The tax law amendments to implement the ...The Hindu, 1 day ago
The rupee had seen some volatility and slid to an intra-day low of 68.86 last week — a fall of close to 3 per cent during the month — in the wake of capital outflows. Indian banks have quietly redeemed close to 90 per cent of Foreign Currency ...Indian Express, 2 days ago Rupee may hit 70 sooner than later; five export-oriented stocks to bet on Economic Times, 4 days ago Tighten your seat belts, rupee could be heading for 70 in near term Economic Times, 1 week ago Rs may hit 70+ levels to the $ Rediff.com, 1 week ago
On Tuesday November 8, Narendra Modi, the Prime Minister of India announced that the Indian government will be discontinuing the largest denomination bills in circulation, the ₹500 and ₹1000 rupee notes. These notes represent approximately 86% ...NATO Association of Canada, 2 days ago RICS School of Built Environment Launches Mumbai Campus PR Newswire India, 2 weeks ago
India offers huge opportunities to investors hunting for yield, says Emerging Trends In Real Estate® Asia Pacific 2017
Survey from ULI, PwC Ranks Bangalore and Mumbai as Top Two Real Estate Investment Markets Mumbai (November 24, 2016) The real estate industry in India is ripe with opportunity thanks to the availability of good-quality land, according to ...PriceWaterhouseCoopers India, 1 week ago Bengaluru, Mumbai top two realty spots in Apac Smart Investor, 1 week ago 'Bengaluru, Mumbai top realty investment spots in APAC' ZeeNews.com, 1 week ago Bengaluru, Mumbai top realty investment spots in APAC: Report Udayavani, 1 week ago
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NEW DELHI: The S&P BSE Sensex rallied 400 points to close the day at 26,316.34, led by gains in Infosys, TCS, ITC, Sun Pharma and HDFC Bank. The Nifty50 reclaimed its crucial level of 8,110 supported by gains in IT, realty, power, oil & gas, metal ...Economic Times, 1 week ago
Mumbai: A painfully low rupee is sending importers scurrying to cover their offshore liabilities.And short-term hedges are the favourite choice. One-month forwards contract is the most popular tool amid prevailing uncertainties, dealers said. ...Economic Times, 1 week ago How's falling rupee drove importers Economic Times, 1 week ago
Foreign investors have pulled out Rs 28,919 cr from India as they rush to take benefit of rising US yields and dollar; demonetisation adds to pressure. Three years ago, on August 28, days before Raghuram Rajan was to take charge as the RBI Governor, ...Indian Express, 1 week ago
The rupee touched a record low on Thursday but retreated on intervention by the Reserve Bank of India (RBI) even though the central bank is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in ...Smart Investor, 1 week ago
A sharp drop in the rupee against the US dollar is giving sleepless nights to a class of company promoters, who had borrowed money through foreign currency bonds (FCCBs) that are due for redemption now. Data from corporate database Ace Equity ...Economic Times, 1 week ago
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