Forex traders said surging U.S. bond yields are rattling global investors. Moreover, the narrowing yield differential between India and the U.S., is making Indian assets less attractive. Representational file image. | Photo Credit: The Hindu Rupee depreciated 37 paise to close at 85.96 (provisional) against the U.S. dollar on Thursday (May 22, 2025), on dollar…
At the interbank foreign exchange, the domestic unit opened at 85.95 and fell to 86.10 against the greenback, registering a loss of 15 paise over its previous close. | Photo Credit: Reuters The rupee depreciated 15 paise to 86.10 against the American currency in early trade on Friday (May 23, 2025), as foreign institutional investors…
The rupee snapped its three-day losing streak and settled for the day higher by 70 paise at 85.25 (provisional) against the U.S. dollar. File | Photo Credit: Reuters The rupee snapped its three-day losing streak and settled for the day higher by 70 paise at 85.25 (provisional) against the U.S. dollar on Friday (May 23,…
Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,045.36 crore on May 22, 2025, according to exchange data. | Photo Credit: PTI Benchmark indices Sensex and Nifty rebounded sharply by nearly 1% on Friday (May 23, 2025), propelled by buying in market heavyweights Reliance Industries, HDFC Bank and ITC. After a flat start to the…
State-owned power giant NTPC on Saturday (May 24, 2025) reported a nearly 22% rise in consolidated net profit to ₹7,897.14 crore in the March quarter of FY25, aided by higher revenue from its generation business. The power major had reported a net profit of ₹6,490.05 crore in the January-March period of 2023-24, the company said…
Last week, the BSE benchmark dropped 609.51 points or 0.74% and the Nifty declined 166.65 points or 0.66%. File. | Photo Credit: AP The combined market valuation of six of the top-10 most valued firms eroded by ₹78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities….
“We ignore the implications of the dramatic decline at our own peril,” Congress leader Jairam Ramesh said. File | Photo Credit: The Hindu Flagging the latest Reserve Bank of India (RBI) data that reveals that the Foreign Direct Investment (FDI) inflows into India in 2024-25 plunged by an unprecedented 96%, the Congress on Sunday (May…
Short selling, also called shorting, is quite tricky for investors who are new to the bourses. For, the concept deviates from the much-established ways of making profit – first buy at a lower price (first leg of trade) and then sell at a higher price (second leg). Further, in most cases, sellers either own the…
Image used for representational purposes. | Photo Credit: Getty Images/istockphoto Investing in passion assets can be exciting, but it needs a large investment. Also, maintaining passion assets such as art and wine requires special care involving a huge cost. Here, we discuss how you should, if you want to, move investments to passion assets. Reverse…
A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. File photo | Photo Credit: REUTERS The rupee appreciated sharply by 40 paise to 85.05 against the US dollar in early trade on Monday (May 26, 2025) on the back of a…
