Month: March 2023

With an aim to recover fines from elusive offenders, capital markets regulator Sebi today introduced a reward system for up to Rs 20 lakh to informants for sharing information about … Read More

The rupee pared its initial gains and settled for the day lower by 7 paise at 82.02 (provisional) against the US currency on Thursday tracking a muted trend in domestic … Read More

Private Indian refiners are jostling with independents in China for Russian ESPO crude loading in April, pushing prices higher after Moscow lowered exports of its flagship grade Urals, industry sources … Read More

Reserve Bank Deputy Governor M Rajeshwar Rao also said that internationalisation of rupee has its own benefits as well as challenges and risks | The Hindu

Luxury carmaker Mercedes-Benz India on Thursday said it will increase prices of its vehicles ranging between Rs 2 lakh to Rs 12 lakh across different models from April 1, to … Read More

Alembic Pharmaceuticals today said it has received an approval from the US health regulator to market a generic antidepressant medication in the American market. The company has received an approval … Read More

Aviva posted a 35% rise in operating profit that trumped forecasts today, and pledged to pay a 300 million pound buyback to investors after navigating a volatile year in financial … Read More

Capital markets regulator Sebi today extended the timeline till March 15, for submission of public comments on a proposal pertaining to higher responsibility for sponsors of investment vehicles — REITs … Read More

The Reserve Bank of India (RBI) was possibly buying dollars in spot and paying in forwards via public sector banks on today  to mop up foreign currency inflows, three traders told … Read More

India needs to gear up to manage the inevitable volatility that will emerge in the foreign exchange market as the country progresses further towards internationalisation of the rupee, a deputy … Read More