What’s behind Trump’s Brics wrath and will India-US trade talks be affected?
US President Donald Trump’s threat to slap an additional 10 per cent tariff on Brics nations may be more of...
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India buys more Russian oil—but its rupee-rouble plan isn’t working
Most transactions for crude oil supplies are executed via West Asia-based traders rather than through a direct bilateral payment system...
JPMorgan mulls cutting India, China share in Emerging Market Bond Index
JPMorgan’s index is the main benchmark for developing-nation debt funds, and changes to its composition can affect global investment flows....
Trump’s BRICS warning to India adds new twist to trade deal
US President Donald Trump | Photo Credit: Eduardo Munoz President Donald Trump’s threat to impose new tariffs on India over...
India’s forex reserves rebound to $702.78 billion after previous week’s dip
India's foreign exchange reserves (forex) witnessed an uptick of $4.8 billion to $702.78 billion for the week ending June 27,...
‘Brics bank’ blasts the West ahead of leaders’ summit, while China mute on tariffs
Brazilian President Luiz Inacio Lula da Silva and New Development Bank (NDB) president Dilma Rousseff accused the United States, its...
India Champions Barrier-Free Trade and Local Currency Use at BRICS Summit in Brazil
The summit in Rio de Janeiro is expected to address broader themes including global governance reform, climate action, artificial intelligence,...
Gold price in India: Rates on July 4
Gold prices rose in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 9,179.10 Indian Rupees (INR) per gram, up compared with the INR 9,139.19 it cost on Thursday. The price for Gold increased to INR 107,063.80 per tola from INR 106,597.70 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,179.10 10 Grams 91,792.59 Tola 107,063.80 Troy Ounce 285,505.00 Gold daily digest market movers: Can Thursday's data sway the Fed and drive bullion? The ADP Employment Change report released...
Indian rupee’s performance contrasts Asian peers; eyes US trade deal for direction
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the...
USD/INR loses ground ahead of India’s PMI release
The Indian Rupee strengthens in Tuesday’s Asian session. The Fed’s dovish stance and lower crude oil prices support the INR, but renewed US Dollar demand might cap its upside. Investors brace for India’s HSBC Manufacturing PMI data and Fed’s Powell speech later on Tuesday. The Indian Rupee (INR) edges higher on Monday as the dovish remarks from the US Federal Reserve (Fed) and rising fiscal worries undermine the Greenback. Additionally, a decline in Crude oil prices provides some support to the INR. It’s worth noting that India is the world's third-largest oil consumer, and...