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-standard21 hr. 49 min. ago

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

US shouldn"t label India currency manipulator: Raghuram Rajan

India cannot keep running to the International Monetary Fund for help: Rajan.....»»

Category: topSource: business-standardNov 2nd, 2017

India at risk of "currency manipulator" label from US Treasury

Analysts said being singled out in the report may limit India's options in managing the rupee......»»

Category: topSource: moneycentralOct 31st, 2017

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-standard21 hr. 49 min. ago

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

Currencies: Trump’s ‘devaluation’ blast made awkward by weak dollar: analysts

A Treasury report that stopped short of naming any U.S. trade partner a currency manipulator didn’t stop President Donald Trump from leveling the charge against Russia and China on Monday......»»

Category: topSource: marketwatchApr 16th, 2018

PM Modi sets off for Britain with eye on post-Brexit trade

India's trade with Britain will also be affected if volatility hits the British currency, the pound.....»»

Category: topSource: business-standardApr 15th, 2018

US adds India to currency watch list, demands reforms to address surpluses

While no major trading partner was found to be manipulating its currency, five of those on the list meet two of the three criteria.....»»

Category: topSource: business-standardApr 13th, 2018

Trump administration spares China "currency manipulator" tag

The Trump administration is again declining to name China as a currency manipulator, but it did target that country and five others for special monitoring of practices that the administration says are making America's trade deficit worse......»»

Category: topSource: foxnewsApr 13th, 2018

India"s forex reserves rise $503.6 mn to record high of $424.864 bn

The foreign currency assets, a major component of the overall reserves, rose by USD 657.7 million to USD 399.776 billion.....»»

Category: topSource: business-standardApr 13th, 2018

India"s non-basmati exports rise 34% on Africa"s import demand

Indian variety becomes popular after Thai currency appreciates.....»»

Category: topSource: business-standardApr 12th, 2018

With RBI"s near-ban announcement, cryptocurrency prices crash sharply

Without saying so categorically, the Reserve Bank of India (RBI) as good as banned crypto currency on Thursday. As a result, prices of bitcoin and other crypto currencies on Indian exchanges have crashed. Bitcoin was trading at $6,9.....»»

Category: topSource: business-standardApr 5th, 2018

Capitol Report: Tough to sue Trump for Amazon tweets, says expert

The chances of holding the president accountable for sending Amazon shares, and the rest of the tech sector, into a nosedive, are slim......»»

Category: topSource: marketwatchApr 3rd, 2018

Q4 results: India Inc revenue to get cross-currency boost, FY19 outlook key

Aided by currency movements, operational efficiency and automation, IT companies are expected to report improvements in EBIT margins in the January-March quarter of FY18.....»»

Category: topSource: business-standardApr 3rd, 2018

Revamp afforestation rules for climate justice

Indigenous peoples should be given major stake in managing compensatory afforestation funds. Otherwise, forest restoration will fail, jeopardising India's chances of achieving its Paris climate goals.....»»

Category: topSource: business-standardMar 31st, 2018