New Delhi, April 15 (IANS) Healthcare companies in India are expected to deliver high single-digit revenue growth (year-on-year) in the fourth quarter of FY26 (Q4 FY26), a report showed on Wednesday.However, EBITDA margins will materially be corrected, according to the report by Systematix.“Median growth is estimated at 12 per cent for revenue and 3.6 per cent for EBTIDA, with net earnings likely witnessing a 14 per cent decline, the report mentioned.The primary driver of this on-year decline …
Latest USD/INR News & Updates
New Delhi, April 11 (IANS) Gold prices rose 1.65 per cent during the week extending gains for their consecutive week, amid safe haven buying and weakened US dollar over easing inflation fears and the start of the US-Iran ceasefire negotiations.On Friday, MCX gold June futures added 0.02 per cent while MCX silver May futures inched up 0.01 per cent. Currently gold futures stand at Rs 1,52,690, while silver futures at Rs 2,43,300 per kg.The price of 10 grams of 24-carat gold was at Rs 1,50,327 on …
New Delhi, April 7 (IANS) India’s headline CPI could rise to between 4.5 and 4.8 per cent from a base case of about 4 per cent, and RBI’s April policy is likely to keep rate changes on hold in a cautious tone, a report said on Tuesday.The report from Yes Bank said GDP growth is expected to moderate to about 7 per cent with downside risks if the US-Iran war persists.”Growth has remained resilient so far, supported by domestic demand – both private consumption demand and government’s capital e…
New Delhi, March 24 (IANS) The Indian rupee opened higher against US dollar on Tuesday after US President Donald Trump announced a five-day pause of strikes on Iranian power and energy infrastructure.The domestic currency was trading at Rs 93.64 to the dollar, as compared to the record low of Rs 93.98 to the dollar in the previous trading session.According to analysts, the market has welcomed the five-day pause but not with conviction, and any signs of further de-escalation could pull the USD/IN…
Mumbai, Jan 30 (IANS) India can sustain “J‑curve” gains despite rupee weakness, if trade diversion becomes embedded in durable supply chains and is supported by logistics efficiencies, a report said on Friday.The report from Emkay Global Financial Services further stressed restrained tariffs on capital goods and intermediaries as well as steady long‑term FDI to sustain the J-curve gains, adding that these factors will matter far more than tariffs over the medium term.It projected a curre…
New Delhi, Jan 5 (IANS) Crude oil prices are projected to soften significantly to touch around $50 per barrel (bbl) by June 2026, positively affecting the CPI inflation, keeping it decisively below 3.4 per cent in the next fiscal (FY27), an SBI Research report said on Monday.Benign energy prices will impact the GDP outlook favourably, and the expected impact on annual GDP growth is around 10-15 bps, according to the report authored by Dr Soumya Kanti Ghosh, Group Chief Economic Advisor, State Ba…
New Delhi, Jan 2 (IANS) Continuing an upward trend, India’s foreign exchange reserves increased by $3.293 billion to $696.610 billion in the week ended December 26, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous week, as reported by the central bank, the country’s foreign exchange reserves had risen by $4.368 billion.According to RBI data, in the week ended December 26, the value of foreign currency assets (FCAs), the largest component of the reserves, …
Mumbai, Dec 27 (IANS) Indian equity markets ended the week in a positive terrain, buoyed by expectations of stronger domestic demand, a favourable liquidity outlook and optimism over potential Fed policy easing in 2026, analysts said on Saturday.The holiday-shortened week opened with a bullish undertone; however, momentum tapered off as the days progressed.On Friday, Sensex closed at 85,041.45, slipping 367.25 points or 0.43 per cent. Nifty also ended in the red, falling 99.80 points or 0.38 per…
Mumbai, Dec 26 (IANS) India’s foreign exchange reserves rose sharply by $4.36 billion to $693.32 billion for the week ending December 19, according to data released by Reserve Bank of India (RBI) on Friday. The increase reflects the central bank’s efforts to manage liquidity and maintain stability in the foreign exchange market.The RBI said it closely tracks developments in the forex market and steps in whenever required to ensure orderly trading conditions.These interventions are aimed at r…
Mumbai, Dec 23 (IANS) The Reserve Bank of India (RBI) on Tuesday announced a fresh set of steps to inject a large amount of money into the banking system to ease tight liquidity conditions. Through a mix of open market operations (OMOs) and a foreign exchange swap, the central bank will add nearly Rs 3 trillion to the system over the coming weeks.As part of the plan, the RBI will buy government bonds worth Rs 2 trillion through OMOs.These purchases will be done in four equal tranches of Rs 50,00…