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Why chances of India being named a currency manipulator are slim

The Treasury cited India's "significant" trade surplus with the US and increased purchases of foreign currency last year as reasons for increased scrutiny of the Asian economy.....»»

Category: topSource: business-standardApr 16th, 2018

Rupee more sensitive to FPI inflow as FDI falls: Michael Sneyd, BN Paribas

Sneyd says India is unlikely to be named a currency manipulator in forthcoming reports.....»»

Category: topSource: business-standardApr 22nd, 2018

Despite trade tensions, Treasury declines to label China a currency manipulator

The Treasury Department says that it had declined to label China manipulator but expressed new concern about India in its semiannual report on international exchange rates......»»

Category: topSource: marketwatchApr 13th, 2018

India"s rupee hits record low as emerging markets struggle

India's rupee is the latest currency to be dragged down by fears that a trade war could hurt global economic growth......»»

Category: topSource: moneyJun 28th, 2018

This woman made a business out of hooking up cryptocurrency holders with yachts and $4 million cars — now she"s launching a currency named after herself

Elizabeth White Elizabeth White made a business out of trading in cryptocurrency holders' digital wealth in for luxury items like Lamborghinis, designer fashion, and yac.....»»

Category: topSource: businessinsiderJun 6th, 2018

Mexico Sees Slim Chances For A New NAFTA Deal; The IEA Expects The Oil Price Spike To Take A Toll (Wall Street Breakfast Podcast)

Mexico Sees Slim Chances For A New NAFTA Deal; The IEA Expects The Oil Price Spike To Take A Toll (Wall Street Breakfast Podcast).....»»

Category: topSource: seekingalphaMay 16th, 2018

Iran sanctions could swell India"s urea import bill

India was importing urea via the UAE route and making payment in dirhams (the latter's currency) during the earlier sanctions period.....»»

Category: topSource: business-standardMay 10th, 2018

Rupee plunges to 67 per dollar as crude oil spikes; Sensex at 3-month high

Brent crude, the global benchmark, was trading at $75.71 by the time currency markets closed in India.....»»

Category: topSource: business-standardMay 7th, 2018

Letter to BS: India"s complex foreign debt policy must be reformed

First, the RBI's legal mandate is to regulate the issue of bank notes, maintain monetary stability and operate currency and credit system to India's advantage.....»»

Category: topSource: business-standardMay 7th, 2018

Rupee becomes Asia"s worst-carry trade after $70 a bbl "crude" shock

The cost increase in India's biggest import item widens the nation's current-account and fiscal deficits, and has turned the currency into Asia's worst performer.....»»

Category: topSource: business-standardMay 7th, 2018

Reform, do not rationalise

It is time we shed India's complex foreign debt policy framework in favour of a coherent one that addresses the potential market failures arising from unhedged foreign currency debt.....»»

Category: topSource: business-standardMay 6th, 2018

News digest: Flipkart-Walmart deal, staff addition by IT firms, and more

The recent movement in the rupee is being taken in all seriousness by corporates in India, and they are queuing up to hedge their foreign exchange (forex) exposures, say currency consultants.....»»

Category: topSource: business-standardMay 3rd, 2018

Ivanka Trump Has Road Named After Her in India As Locals Mock Government Neglect

"Neither Ivanka Trump came to this road nor the government repaired this road,” read signs held by locals who took the repairs upon themselves......»»

Category: topSource: newsweekMay 1st, 2018

10 startups that became worth billions in record time

Lemon Art / Flickr, CC In the startup world, the odds of a company achieving a valuation of $1 billion or more is considered so slim, it's named after a myt.....»»

Category: topSource: businessinsiderMay 1st, 2018

News digest: RBI removes FPI time bar, Modi-Xi meet, job data and more

Venezuela has offered India a 30 per cent discount on crude oil purchases. The discount, however, will be applicable only if India uses the country's new blockchain technology-based currency Petro.....»»

Category: topSource: business-standardApr 28th, 2018

Amazon"s next big plan for India: To deliver "all you need" in 2 hours

In India, Amazon currently offers some groceries via a service named Pantry. It has also tied up with local vendors in four cities for Amazon Now, which promises two-hour deliveries.....»»

Category: topSource: business-standardApr 22nd, 2018

Hawkish RBI minutes rattle currency, gilts; rupee plunges to 13-month low

The market was nervous after Reserve Bank of India (RBI) Deputy Governor Viral Acharya gave hints of a policy tightening.....»»

Category: topSource: business-standardApr 20th, 2018

Why India Is Now Scrambling to Print More Currency: QuickTake

Why India Is Now Scrambling to Print More Currency: QuickTake.....»»

Category: topSource: washpostApr 20th, 2018

How sudden spike in cash demand led to a major cash crunch in many states

These currency stocks should have been adequate for India's average requirements-if Indians had adopted digital transactions.....»»

Category: topSource: business-standardApr 19th, 2018

RBI to recoup forex reserves despite being put on US watch list: BofA-ML

Last week, the US added India to the currency practices and macroeconomic policies monitoring list.....»»

Category: topSource: business-standardApr 19th, 2018

India Tries to Cool Cash-Shortage Concerns

With a cash shortage in parts of India reviving memories of the great currency squeeze of 2016, authorities sought to allay concerns, saying the problem is limited to pockets of the country and would be fixed soon......»»

Category: topSource: wsjApr 17th, 2018