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Budget 2023
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  • Gold is getting its glitter back Jan 16, 2023 05:18 PM IST

    Gold is getting its glitter back

    In today’s markets, there aren’t many other things you can turn to as a long-term safe haven 

  • Rupee rises alongside Asian peers and on oil price relief Jan 05, 2023 03:49 PM IST

    Rupee rises alongside Asian peers and on oil price relief

    The rupee last traded at 82.5550 to the dollar, up from 82.8025 in the previous session.

  • Egyptian pound sees largest single-day fall since IMF deal Jan 04, 2023 10:31 PM IST

    Egyptian pound sees largest single-day fall since IMF deal

    The pound fell from around 24.7 for $1 to just over 26.3 against the dollar, less than two weeks after Egypt and the IMF formally ratified the support package

  • Currency in circulation rises by 83% since demonetisation in 2016 Jan 02, 2023 01:25 PM IST

    Currency in circulation rises by 83% since demonetisation in 2016

    The Supreme Court on Monday upheld the decision of the government on demonetisation.

  • Demonetisation of Rs 500, Rs 1,000 currency notes had to be done through legislation: Justice Nagarathna Jan 02, 2023 01:13 PM IST

    Demonetisation of Rs 500, Rs 1,000 currency notes had to be done through legislation: Justice Nagarathna

    Justice Nagarathna, who was the juniormost judge in the Constitution bench also comprising justices S A Nazeer, B R Gavai, A S Bopanna and V Ramasubramanian, said the demonetisation of an entire series of notes at the Centre's instance is a far more serious issue that has wider implications on the economy and the citizens of the country.

  • Rupee recovers mild losses to end flat, forward premiums drop Dec 28, 2022 03:58 PM IST

    Rupee recovers mild losses to end flat, forward premiums drop

    The rupee ended largely unchanged at 82.8575 per dollar. It fell up to 82.9225 during the session, though moved in a narrow 10-paisa range.

  • Dollar touches one-week high vs yen thanks to rise in bond yields Dec 28, 2022 03:40 PM IST

    Dollar touches one-week high vs yen thanks to rise in bond yields

    The dollar rallied by as much as 0.67% to 134.40 in Asian trading, the most since December 20, when the BOJ sent the pair spiralling lower with an unexpected loosening of the 10-year Japanese government bond yield policy band.

  • Japanese life insurance companies could see margin calls following BoJ yield control move, says Devina Mehra of First Global Dec 21, 2022 07:55 AM IST

    Japanese life insurance companies could see margin calls following BoJ yield control move, says Devina Mehra of First Global

    If the winds favour Japan by way of lower energy prices, the yen could rally further against the dollar and other carry currencies

  • Yen rises on report of Japan govt move for more flexible inflation target Dec 19, 2022 07:31 AM IST

    Yen rises on report of Japan govt move for more flexible inflation target

    The yen was last 0.6 per cent stronger at 135.91 per dollar, after having touched a high of 135.80 earlier in the session.

  • Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude Dec 05, 2022 08:42 PM IST

    Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude

    Forex traders said a weak dollar in the overseas market cushioned the downside for the local unit.

  • Rupee falls 5 paise to close at 81.79 against US dollar Nov 21, 2022 08:36 PM IST

    Rupee falls 5 paise to close at 81.79 against US dollar

    The domestic unit finally settled at 81.79 against the American currency, registering a fall of 7 paise over its last close.

  • Dollar bounces as U.S. economy sends mixed signals; sterling drops Nov 17, 2022 08:08 PM IST

    Dollar bounces as U.S. economy sends mixed signals; sterling drops

    The greenback has tumbled in recent weeks as inflation data and comments from Federal Reserve officials have suggested that the central bank can soon slow the pace of its punishing interest rate hikes.

  • Rupee falls 37 paise to close at 81.63 against US dollar Nov 17, 2022 04:08 PM IST

    Rupee falls 37 paise to close at 81.63 against US dollar

    Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption adding room for tighter policy by the US Federal Reserve.

  • Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed? Nov 11, 2022 12:53 PM IST

    Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed?

    Catch today's commodity chat with Manisha Gupta to know how the surge could impact you!

  • Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal Oct 28, 2022 05:53 PM IST

    Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal

    Blessings of the Almighty are necessary for hard work to translate into success, the Aam Aadmi Party leader said. Kejriwal reiterated his demand to print pictures of the two Hindu deities on currency notes at a rally at Morva Hadaf in Panchmahal district of Gujarat where Assembly elections are expected to be announced soon.

  • Kejriwal’s suggestion for deities’ images on banknotes sparks furore Oct 26, 2022 07:18 PM IST

    Kejriwal’s suggestion for deities’ images on banknotes sparks furore

    Other parties term move opportunistic, with an eye on garnering the Hindu vote in the forthcoming Gujarat election

  • Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes Oct 26, 2022 02:26 PM IST

    Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes

    If Kejriwal really meant what he said then he should expel former Delhi minister Rajendra Pal Gautam and AAP’s Gujarat unit president Gopal Italia from the party for ”speaking against Hindu deities”, Tiwari demanded.

  • US dollar drops to three-week low as traders weigh a Fed pivot Oct 26, 2022 02:21 PM IST

    US dollar drops to three-week low as traders weigh a Fed pivot

    A slew of US data on manufacturing, home prices and consumer confidence have all fallen short of economist estimates, underscoring the toll of Fed tightening

  • Stocks, pound up as Rishi Sunak poised to become new British Prime Minister Oct 24, 2022 10:26 PM IST

    Stocks, pound up as Rishi Sunak poised to become new British Prime Minister

    European markets closed in positive territory, despite data showing Britain and Germany heading for recession and the Hong Kong stock market plunging

  • Dollar shrugs off suspected Japan intervention; pound eyes UK politics Oct 24, 2022 05:11 PM IST

    Dollar shrugs off suspected Japan intervention; pound eyes UK politics

    The dollar held firm in the face of a report on Friday from the Wall Street Journal that said Federal Reserve officials will likely debate the size of future interest rate hikes, which in turn kept Treasury yields from drifting higher.

  • Harry Potter is on UK currency for the first time ever Oct 23, 2022 04:05 PM IST

    Harry Potter is on UK currency for the first time ever

    Coins from the Royal Mint mark 25 years since the first Harry Potter book.

  • Rupee slips 9 paise to close at 82.88 against US dollar Oct 21, 2022 10:06 PM IST

    Rupee slips 9 paise to close at 82.88 against US dollar

    At the interbank foreign exchange market, the local currency opened at 82.89 and witnessed a high of 82.59 and a low of 82.91.

  • Smartphone apps bury the case for a pan-Asian currency Oct 17, 2022 09:38 AM IST

    Smartphone apps bury the case for a pan-Asian currency

    The debt crisis in southern Europe — and the threat it posed to the single currency in the early part of the last decade — ended that pipe dream.

  • Soaring dollar leaves food piled up in ports as world hunger grows Oct 16, 2022 06:31 AM IST

    Soaring dollar leaves food piled up in ports as world hunger grows

    Around the world, countries that rely on food imports are grappling with a destructive combination of high interest rates, a soaring dollar and elevated commodity prices, eroding their power to pay for goods that are typically priced in the greenback

  • As the causes of US inflation grow, so do the dangers Oct 15, 2022 10:08 AM IST

    As the causes of US inflation grow, so do the dangers

    High inflation has now spread well beyond physical goods to the nation’s vast service sector, which includes everything from dental care and apartment rents to auto repairs and hotel rates. The broadening of inflation makes it harder to tame