Search Results for: depreciating rupee

How can Investors Utilize Compounding in Mutual Fund Investments?

Learn how to use compounding in mutual fund investments to grow your wealth. Start early, reinvest earnings, and stay invested for long-term gains.

26 days ago

How does SIP work, and how do you open an SIP account?

1. The investor needs to be aware of their current financial situation to identify how much risk they can take

26 days ago

India saved pilferages worth $40 bn in last 8 years with DBT schemes: FM Sitharaman

India saved $40 bn worth pilferages in last 8 years with DBT schemes: FM Sitharaman

India saved pilferages worth $40 billion in the last eight years with the Direct Benefit Transfer (DBT) schemes of the government, according to Union Finance Minister Nirmala Sitharaman.

28 days ago

Invest Wise: How to Ensure That Your Mutual Fund SIPs Aren't Sub-optimal

Systematic Investment Plans are a powerful tool for wealth creation, but ensuring that they are not sub-optimal requires careful planning, regular reviews, and commitment

28 days ago

Sensex ends lower, market trend remains positive

The Indian stock market closed marginally low on Wednesday as selling was seen in auto, pharma, and metal sectors.

29 days ago

Indian Stock Market : Long-term outlook for domestic market remains robust amid geopolitical risks

Despite a sustained selling pressure from the foreign institutional investors (FIIs) amid geo-political tensions this week, the long-term outlook for the domestic market remains robust with a stability in growth and a pickup in capex.

Oct 19, 2024

President Murmu, PM Modi extend Dussehra, Durga Puja greetings

As Indians across the nation and the world celebrate Dussehra and Durga Puja on Saturday, President Droupadi Murmu and Prime Minister Narendra Modi extended their warm wishes on the festivals that signify the victory of good over evil.

Oct 12, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Middle East tensions, high crude oil prices bring rupee to 84-mark against dollar

With elevated crude oil prices amid global geo-political situations, the rupee on Friday breached the 84-mark against the US dollar for the first time.

Oct 11, 2024

RBI retains repo rate at 6.5 pc after MPC Review; Keeps FY25 growth at 7.2%

RBI Governor Shaktikanta Das said that inflation for the third quarter (Q3) this fiscal is set to moderately increase to 4.8 per cent,

Oct 9, 2024

india, india forex reserves, rbi, foreign exchange reserves, fii, fpi, fdi, modi govt, arun jaitley, india trade

India's foreign exchange reserves this week cross $700 billion for first time

Despite geo-political uncertainties, the investors' confidence remained intact in India's growth story as the country's foreign exchange reserves surpassed $700 billion for the first time, reaching $704.89 billion in the week ending September 27, the Reserve Bank of India

Oct 4, 2024

Bull run hopes high amid expectations of under-performing stocks leading next

At close on Friday, Sensex was down 264 points or 0.31 per cent at 85,571 and Nifty was down 37 points or 0.14 per cent at 26,178.

Sep 28, 2024

Fed Rate Decision sends Indian markets high on trajectory, bullish momentum to continue

The ongoing bullish momentum is like to take Nifty towards 25,900-26,000 levels. On the upside, 26,000 will act as an immediate hurdle for Nifty.

Sep 21, 2024

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion.

Sep 1, 2024

Going global: UAE opens Rupee payment mode via UPI to encourage Indian customers

The government of India has been promoting UPI as a global payment platform. Now merchants in the United Arab Emirates (UAE) are accepting payments via UPI in Rupees to attract Indian customers.

Aug 17, 2024

India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally.

Aug 11, 2024

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