Mumbai, March 14 (IANS) The Bombay Stock Exchange (BSE) conducted a mock trading session on Saturday across multiple market segments as part of its periodic system testing.The exercise covers the equity, commodity, currency, electronic gold receipt (EGR) and equity derivatives segments. Trading members can log in from 9:15 am to 10:00 am to participate in the mock trading session.The exercise allows them to test systems and connectivity with the exchanges and aims to ensure that its trading syst…
Latest currency News & Updates
New Delhi, March 2 (IANS) India’s GDP growth for FY27 is likely to touch 7.2 per cent and FY26 growth could be revised up to 7.8 per cent from 7.6 per cent in the subsequent GDP estimates from the government, a report said on Monday.The report from HDFC Bank said the new GDP series with base year 2022‑23 confirms India’s healthy growth performance in this fiscal, adding the growth estimates will rise going forward given strong high‑frequency indicators in Q4.The nominal growth for FY27 is …
New Delhi, Feb 24 (IANS) Customs officials at Delhi’s Indira Gandhi International (IGI) Airport have filed a case against a US passport holder following the recovery of a large haul of undeclared foreign-origin goods and currencies. The passenger arrived from Hong Kong on Flight No CX-695 and was intercepted as part of routine spot profiling carried out by Customs officers.Officials said that the passenger’s baggage underwent X-ray screening, followed by a detailed physical examination in line…
Mumbai, Feb 16 (IANS) Currency in circulation (CiC) in India reached an all‑time high of about Rs 40 lakh crore by January 2026 end, with year‑on‑year growth accelerating to 11.1 per cent from 5.3 per cent last year, a report said on Monday.The report from SBI Research said on an incremental basis (YTD), the currency with public (CWP), accounting for 97.6 per cent of the circulated currency, reached an all time high of around Rs 39 lakh crore. Meanwhile, CiC surged Rs 2.76 lakh crore or 3….
Seoul, Jan 15 (IANS) South Korea’s central bank again left its benchmark interest rate unchanged on Thursday as a weakened won and rising inflation concerns limited room for further easing.In a widely expected decision, the Monetary Policy Board of the Bank of Korea (BOK) held the key rate at 2.5 per cent at its rate-setting meeting in Seoul, marking the fifth consecutive on-hold decision since July, reports Yonhap news agency.”Inflation is expected to gradually decline, though the elevated exch…
Mumbai, Dec 20 (IANS) Foreign institutional investors (FIIs) have net sold shares worth Rs 21,104 crore in December, but there are signs of a reversal of foreign institutional investor outflows due to macro strength and earnings visibility, analysts said on Saturday.Strengthening of the currency in the last two days has helped to stem the tide of FII selling, they said. During the last three trading days, FIIs were buyers in the cash market with a total buy figure of Rs 3,596 crore.”As the year …
The Rupee’s recent weakness isn’t a sudden shock—it’s the result of long-term global and domestic forces aligning. This piece explains…