FOREIGN EXCHANGE MARKET
In talks with Indian firms to issue green bonds: Luxembourg Stock Exchange CEO
Green bonds are debt instruments issued to fund green projects or those that have a positive environmental or climate impact.
ED arrests Robert Vadra's aide Thampi for FEMA violations
The Enforcement Directorate (ED) on Monday arrested CC Thampi of Holiday Group, a "...
ED arrests NRI businessman Thampi in PMLA case linked to property deals
The Dubai-based businessman has also been summoned by the agency in t...
Sensex drops 416 points, Nifty below 12,250; Kotak Bank falls 5%
Not-so-impressive Q3 results, oil spike send Sensex tumbling 416 pts; Nifty below 12,250; Kotak Bank drops 5%.Sensex drops 416 points, Nifty...
Metropolitan Exchange gets nod to launch weekly IRFs
Weekly IRFs would have weekly convergences to interest rates.
What's really weighing on market sentiment suddenly?
“Earnings of some large companies were slightly below expectations. Valuations are not cheap for any of these companies so a miss on expectations can lead to over-reaction to the results,” said Nitin Bhasin, head of research-institutional equities at Ambit Capital.
GIFT City to begin trading in rupee-dollar in futures market
The central bank Monday issued directions for currency derivatives in any currency pair involving the Indian Rupee in international financial centres.
NSE turns world’s largest exchange in derivatives trading
NSE notched up 6 billion contracts traded volume in 2019, up 58% from a year ago, surpassing CME Group to become the world’s largest exchange. CME's 2019 volume in 2019 was 4.83 billion contracts, roughly the same as the prior year.
India attracted $49 billion FDI in 2019, among top 10 recipients of overseas investment: UNCTAD
UNCTAD, in its Global Investment Trend Monitor report said that the global foreign direct investment remained flat in 2019 at $1.39 trillion, a 1% decline from a revised $1.41 trillion in 2018. “South Asia recorded a 10% increase in FDI to $60 billion. The growth was driven by India, with a 16% increase in inflows to an estimated $49 billion. The majority went into services industries, including information technology,” it said.
Rising markets, falling economy: Which indicator will reverse first?
A few stocks, popularly known as Hrithik stocks contribute most of the index gains.
India is becoming a popular destination for foreigners to chase their startup dreams
A host of foreign nationals are relocating to India to fulfil their startup ambitions despite stumbling blocks.
Yen gains, yuan falters as stocks swoon on fears about China virus
The yen edged higher 0.15 per cent to 110.01 per dollar on Tuesday.
Edelweiss group chairman dismisses allegations of violating foreign exchange regulations
Edelweiss is a home-grown professional financial services group built over 25 years by more than 11,000 employees and 2 million customers. The group has many large, Indian and foreign customers, investors and partners as the company cities endorsing ita governance standards.
Foreign companies will be taxed for money earned by Indian arms
Questioning has begun. The tax department has already issued notices to subsidiaries of several MNCs.
RBI buys net $6.93 billion in currency market in November
The RBI bought $7.46 billion and sold $530 million in the market in November
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