Trading volume in dollar-rupee NDF hits record high on arbitrage activity
Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, ...
India rupee NDF volume hits record high on arbitrage activity
Trading volume in dollar-rupee non-deliverable forwards (NDF) at India's offshore finance hub soared to a record high in ...
Mutual fund SIP inflows surpass Rs 26,000 crore for the first time
The overall mutual fund industry recorded a net outflow of Rs 80,509 crore in December 2024, with the highest outflow coming ...
Equity MF inflows rose 15% to Rs 41,000 crore in Dec, debt funds saw outflows of Rs 1.27 lakh crore
In December 2024, the mutual fund industry experienced a net outflow of Rs 80,509 crore, with Rs 1.27 lakh crore withdrawn ...
TMCnet4h
Saba Capital Intends to Offer Shareholders of Herald Investment Trust PLC a 100% Cash Exit at 99% of NAV
"If shareholders support Saba's resolutions to reconstitute the HRI Board, Saba would encourage the new Board to offer all shareholders a 100% cash exit at 99% of the Trust's NAV. As a result, Saba ...
rediff.com4h
Draft DPDP rules: Task cut out for banks as operational challenges loom
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers ...
Rise in US bond yields, strong NDF dollar bids push rupee to record low
The rupee declined to 85.93 per U.S. dollar, weakening past its previous record low of 85.8575 hit in the last session. The currency was at 85.92 as of 9:45 a.m. IST.
Crude Oil Prices13h
U.S. LNG Wins Big As Europe Boosts Overseas Gas Imports
Europe will need to boost overseas supply not only for this winter’s consumption but also in the spring and summer.
financefeeds17h
Binance’s 2024 Year in Review: Driving Innovation and Expanding Access in the Blockchain Industry
Binance, a global leader in the blockchain ecosystem, reflects on an extraordinary 2024, marked by record-breaking milestones ...