Rahul Namjoshi warns of negative impact on INR from tariffs on Indian exports and depreciation of Chinese yuan.

The funding issue was oversubscribed by 2.7 times and facilitated by InCred, with the company being valued at INR 1,000 crore (around USD 120 million).

The round was led by the Michael & Susan Dell Foundation and BLinC Invest, with Resurgent India serving as an advisor.

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Investors will focus on Q3 reslts, alongside economic data which will help in determining the rate cut trajectory from US Federal Reserves.

The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.

“As acceptability grows the INR could be increasingly used to settle international transactions between two jurisdictions a role being performed by the USD." These guidelines are part of the ...

The Pakistani rupee marginally improved against the US dollar, appreciating 0.05% in the inter-bank market on Friday. At close, the currency settled at 278.71 after a gain of Re0.15 against the ...

Traders may take cues from retail sales and weekly unemployment claims data from the US. USD-INR spot price is expected to trade in a range of ₹86.35 to ₹86.75," he said. Meanwhile ...

A religious shrine sealed up by the ancestors of Jesus — and preserved for nearly 3,000 years — has been discovered in the ancient heart of Jerusalem. The place of worship, carved into the ...