Indonesia, India Look Forward to Local Currency Trade
Jakarta. Indonesia and India are looking forward to being less dependent on the dollar in their cross-border transactions. Last year,...
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Crypto Connivers: Inside India’s Rs 350-Crore Digital Ponzi Scheme
The Central Bureau of Investigation (CBI) has launched an extensive investigation across seven Indian states, unearthing a Rs 350-crore...
USD/INR posts modest gains ahead of Indian PMI release
The Indian Rupee weakens in Friday’s Asian session. USD demand and foreign portfolio outflows could drag the INR lower. The...
Gold price in India: Rates on January 22
Gold prices rose in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 7,654.64...
India’s Economy Slows Down Just When It Was Supposed to Speed Up
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The...
India’s Economy Slows Down Just When It Was Supposed to Speed Up
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The...
EM Asian Currencies Set to Lose Support From Hedging Costs
(Bloomberg) -- The cost of hedging Asian investments for dollar-funded investors is set to drop from a two-year high, a...
Could India become Asia’s next real estate investment hotspot, surpassing even China?
India, known as the world’s back office, could supplant China to become Asia’s top real estate investment destination, according to...
India considers adoption of CBDC amid crypto ban
India contemplates banning privately operated digital currencies such as Bitcoin(BTC) and Ether(ETH). To replace these cryptocurrencies, India could adopt a Central...
Gold investors look to BRICS summit for news on rumored currency
As gold and silver prices surge heavily to start the week, precious metals investors will look to Russia to find potential answers to explain the upward trajectory of prices as the 16th BRICS Summit convenes Tuesday in Kazan, Russia.BRICS is a growing partnership, somewhat like the G7, that has recently expanded to include 10 countries and received interest from many others.Rumors have swirled about the outcome of the meeting, which is taking place in a country currently at war since the Russian invasion of Ukraine in February 2022.Many in...