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MSCI Indices Rejig Likely This Week: Move May Benefit These Stocks
On Friday, FTSE Russell announced deferring the execution of the changes proposed to the investability weightage of its Indian constituents. "In light of the current market conditions and with India continuing to be in lockdown due to the Covid-19 pandemic which ...
Rupee Trades Higher At 70.82
The domestic currency rupee in Wednesday's session was trading higher at 70.82 per dollar. The unit opened at 70.89 as against the previous close of 70.92. On Tuesday, rupee closed at a one-month high on the back of strong foreign ...
Rupee Trades Higher At 70
FDI Norms By JV And Wholly-Owned Subsidiary To Be Relaxed
As per the current rules under FEMA, foreign joint venture or wholly-owned subsidiary of an Indian entity need to approval from the RBI for FDI. Also, on the same level there are limitations imposed in respect of overseas direct investment or ...
Rupee Ends Sharply Lower At 70.988
Rupee in  trade on Wednesday has been dragged lower to levels of 71 per US dollar even as equities climbed to new record highs. The domestic currency opened weak by 10 paise at 70.79 and ended the day at 70.988, down ...
Rupee Opens Lower At 70
Rupee Seen At 67/Dollar On Modi Win
The most bullish forecaster on the Indian currency is of the view that the currency might scale up to 67 per dollar, outperforming its major Asian peers, in an event if the exit polls come to be true and Prime Minister ...
Rupee Seen At 67 Dollar On Modi Win
What Is Market Decoupling?
In the financial or investment, often there exists correlation i.e. there is a likelihood that returns from two assets move in the same direction at the same time but when it does not happens. This is what is referred to as ...
Rupee Opens Tad Lower At 69.39
The Indian rupee opened tad lower at 69.39 per dollar versus yesterday's close of 69.35. The domestic currency is on course to hit best weekly performance since March 15 on the back of decline in oil prices. Also, a record inflow ...
Rupee Opens Tad Lower At 69
Rupee Rises Marginally On Trade Deficit Improvement
The Indian rupee for the day opened flat at 71.10 but then on some of the positives receded higher by 13 paise to 70.92 vs the US dollar. Some of the positives influencing rupee's movement in Wednesday's trade include weak ...
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