Forex Reserves Fall For Seventh Straight Week To A Near Two-Year Low
India’s foreign exchange reserves fell below $550 billion for the first time in nearly two years, marking the seventh straight week of declines. NDTV Profit-Latest
Month: September 2022
Vedanta’s Reserves Transfer Proposal Gets Proxy Advisory Firm’s Backing
Metals and oil conglomerate Vedanta Ltd’s proposal to reorganise capital and transfer Rs 12,587 crore from general reserves to retained earnings has won the backing of US-based proxy advisory firm… … Read More
Equity Investors Poorer By Rs 4.90 Lakh Crore As Sensex Tumbles Nearly 2%
Investors’ wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. NDTV Profit-Latest
Investors Dump Global Bond And Equity Funds In The Week Ended Sep 21
Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the US Federal Reserve meeting in which further rate … Read More
Crypto Exchange Kraken Has No US Watchdog Registration Plans: New CEO
Cryptocurrency exchange Kraken has no plans to delist tokens the U.S. Securities and Exchange Commission has labeled as securities, or to register with the agency as a market intermediary, said… … Read More
RBI May Let Rupee Weaken In The Next 2 Quarters: Kotak Bank
The RBI may slow its intervention to protect the rupee during October-March, and allow the currency to move in alignment with global trends, Kotak Mahindra Bank said on Friday. NDTV … Read More
Sensex Crashes Over 1,000 Points, Marking Three Straight Days Of Decline
Stock Market India: Equity benchmarks crashed on Friday to extend losses for the third straight session. NDTV Profit-Latest
Rupee Closes At Its Weakest Ever After Hitting A New All-Time Low
The rupee breached 81 per dollar for the first time ever on Friday before recovering to under that level as the Reserve Bank of India intervened. NDTV Profit-Latest
Vinod Shantilal Adani, Gautam Adani’s Brother, Is Richest NRI
Vinod Shantilal Adani, businessman and elder brother of Adani Group chairman Gautam Adani, has become the richest non-resident Indian (NRI), according to the IIFL Wealth Hurun India Rich List 2022. … Read More
Meet Vinod Shantilal Adani, Richest NRI And Gautam Adani’s Brother
Vinod Shantilal Adani, businessman and elder brother of Adani Group chairman Gautam Adani, has become the richest non-resident Indian (NRI), according to the IIFL Wealth Hurun India Rich List 2022. … Read More