India central bank caps lenders’ net rupee FX positions at $100 million

RBI caps banks’ rupee net open positions at $100 million to curb volatility as foreign outflows and Iran war fears push the rupee to record lows.

RBI caps banks’ rupee net open positions at $100 million to curb volatility as foreign outflows and Iran war fears push the rupee to record lows.

Board-approved amendment leads to waiver of outstanding loan including accrued interest; no financial impact on the company, Paytm says

G R Infraprojects wins NHAI HAM bids for NH 56 in Gujarat and NH 33 Mokama Munger in Bihar, bagging projects worth over Rs 3894 crore with strict SEBI trading norms.

The other commodities under suspension include chana, crude palm oil, mustard seeds and their derivatives, and soybean, along with its derivatives.

The U.S. dollar strengthened against the yen on Friday, hitting 160 yen for the first time since July 2024, when Japanese officials last intervened to prop up the currency.

JSW Steel arm to acquire BPSL steel business via slump sale and form joint venture with JFE Steel of Japan as JSW Steel shares fall over 2% on NSE.

Bank of India has been fined ₹58.50 lakh for violations related to ‘Priority Sector Lending (PSL) – Targets and Classification’ and ‘Interest Rate on Deposits, while Central Bank of India has been penalised ₹63.60 lakh for lapses in adherence to…

Wall Street slides as Dow Jones, S and P 500 and Nasdaq hit lows amid Iran tension, rising Brent crude, surging Treasury yields and a partial US federal shutdown.

Coal India and Damodar Valley Corporation form DVC CIL Power Private Ltd JV for power projects as Coal India plans new coking coal washeries to cut imports. Shares of Coal India Ltd ended marginally higher on Friday, March 27, by…

The capital will be deployed to drive high-value manufacturing, create employment opportunities, and strengthen the company’s position in global supply chains.