Rupee rises 12 paise in early trade

A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai. File photo | Photo Credit: REUTERS Rupee rose 12 paise to 85.42 against the greenback in early trade, buoyed by strong FII inflows and a weaker dollar index. However, widening of…

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Foreign investors infuse ₹4,452 crore in Indian equities this week, net investment in May at ₹18,620 crore: NSDL

Net investments by FPIs in Indian equities stood at ₹4,223 crore during April, indicated a turnaround in foreign investment trends. File | Photo Credit: Reuters Foreign Portfolio Investors (FPIs) made strong investments in the Indian equity markets this week, bringing in ₹4,452.3 crore between May 13 and May 16, according to data from the National Securities…

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Futures & Options: jackpots or ticking time bombs?

In the 2002 annual chairman’s letter of Berkshire Hathaway, Warren E. Buffett, the oracle of Omaha, wrote, “In our [along with Charlie Munger] view, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.” Further, Mr. Buffet said he viewed the derivatives and the trading activities that go with…

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