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Arka Fincap aims to raise Rs 300 crore via NCD

Arka Fincap aims to raise Rs 300 crore via NCD

Tue, Dec 05, 2023

Arka Fincap's NCD- Company will raise ₹300 Cr, the company will use the amount for business expansion.

China wants to ban Bitcoin for wasting resources

China wants to ban Bitcoin for wasting resources

Fri, Apr 12, 2019

Bitcoin, the digital currency may be considered as revolutionary for the economies but China thinks otherwise. The country is proposing to ban the practice of mining the cryptocurrency for wasting resources. The National Development and Reform Commission, the country's chief planning regulator, is proposing to ban Bitcoin mining, which it says has seriously wasted resources, Engadget reports.

What lies ahead for Rupee? Lok Sabha election, RBI, Indian markets to decide

What lies ahead for Rupee? Lok Sabha election, RBI, Indian markets to decide

Wed, Mar 27, 2019

Earlier CLSA pointed that, rupee has gained 7% from its all-time lows made in October 2018.

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Did you come across Re 1, Rs 2, Rs 5, Rs 10 fake coins? This is how you can detect real one

Did you come across Re 1, Rs 2, Rs 5, Rs 10 fake coins? This is how you can detect real one

Sat, Mar 09, 2019

Many news agencies have reported about Rs 5 and Rs 10 fake coins circulation as well.

Zimbabwe plans new currency as dollar shortage bites: Finance Minister

Zimbabwe plans new currency as dollar shortage bites: Finance Minister

Sat, Jan 12, 2019

The southern African nation abandoned its own hyperinflation-wrecked currency in 2009 at the height of an economic recession, adopting the greenback and other currencies including sterling and the South African rand .

From Demonetisation low, currency with public doubles, hits record at over Rs 18 lakh cr

From Demonetisation low, currency with public doubles, hits record at over Rs 18 lakh cr

Sun, Jun 10, 2018

Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data.

Asia shares near decade highs, currencies tread water

Asia shares near decade highs, currencies tread water

Mon, Nov 06, 2017

Asian shares hovered near decade highs on Monday as strong U.S. economic data and corporate earnings supported global stocks while major currencies held in tight ranges as investors focussed on U.S. President Donald Trump`s tour of Asia this week.

RBI introduces new Rs 50 banknote; here’s what they look like

RBI introduces new Rs 50 banknote; here’s what they look like

Fri, Aug 18, 2017

Central bank confirms it will be rolling out new Rs 50 notes.

Can bitcoins be a safe haven for investors in troubled times around the world?

Can bitcoins be a safe haven for investors in troubled times around the world?

Thu, Jun 01, 2017

The value of the bitcoin has more than doubled over the last 5 months mainly due to insecurities around the US President Donald Trump and the controversies surrounding his government.

New one rupee notes to be in circulation soon

New one rupee notes to be in circulation soon

Tue, May 30, 2017

New one rupee notes with predominantly pink-green on obverse and reverse in combination with other colours will be soon put into circulation.

Facing election defeat, France's Le Pen flip-flops on euro

Facing election defeat, France's Le Pen flip-flops on euro

Mon, May 01, 2017

Voter surveys show Macron winning next Sunday with 59-60 percent of the vote, and Le Pen`s plans to quit the EU and the euro are among the least popular policies in her protectionist, anti-immigration electoral platform.

India's December external debt falls to $456.1 billion: Govt

India's December external debt falls to $456.1 billion: Govt

Fri, Mar 31, 2017

India`s end-December external debt fell by $29 billion to $456.1 billion from end-September, largely driven by a decline in long-term debt, the finance ministry said on Friday. The fall in Non-resident Indian deposits reflected Foreign Currency Non-Repatriable (B) deposits redemption.

How long will the Indian Rupee appreciate for?

How long will the Indian Rupee appreciate for?

Tue, Mar 28, 2017

As per Nirmal Bang Research, RBI intervention is decreasing as forex market turnover has more than trebled in past decade indicating INR to be more market-determined or more sensitive to foreign portfolio flows.

Plastic Rs 10 notes to be out on 'field trial' in five locations in India: Govt

Plastic Rs 10 notes to be out on 'field trial' in five locations in India: Govt

Fri, Mar 17, 2017

The government of India on Friday announced a field trial with plastic banknotes at five locations of the country.

Dollar crunched, bonds boosted as Fed goes gradual

Dollar crunched, bonds boosted as Fed goes gradual

Thu, Mar 16, 2017

"The Fed makes the world safe for risk until June," said CitiFX strategist Steven Englander. "Buy emerging market FX, equities, commodities."

Blockchain technology to move beyond bitcoins and cryptocurrencies

Blockchain technology to move beyond bitcoins and cryptocurrencies

Thu, Jan 19, 2017

Blockchain technology came about initially as a way to verify bitcoin transactions online and to enable two parties to transact business without having to know or trust each other.

India's first International Exchange at GIFT city to start trading from January 16

India's first International Exchange at GIFT city to start trading from January 16

Fri, Jan 13, 2017

Trading on the new India International Exchange at Gujarat International Finance Tec-City (GIFT city) will begin from January 16, Monday in equity, currency and interest rate derivatives to start with, a top company official said.

TCS Q2 result: Shares drop over 1%; What to expect?

TCS Q2 result: Shares drop over 1%; What to expect?

Thu, Oct 13, 2016

TCS is estimated to report 2.4% growth in c/c and cross-currency impact of 90 bps. Also, cross-currency headwind from 13% exposure to GBP (depreciated 8.5% versus US$) will be partly offset by about 4% exposure to Japanese yen (appreciated 5% versus US$).

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Thu, Oct 13, 2016

Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last U.S. Federal Reserve policy meeting indicated a December rate increase was still on the cards.

IMF includes China's yuan in elite club of reserve currencies

IMF includes China's yuan in elite club of reserve currencies

Sat, Oct 01, 2016

The yuan joins the US dollar, the euro, the yen and British pound in the IMF's special drawing rights (SDR) basket, which determines currencies that countries can receive as part of IMF loans.

Will Brexit impact Indian exports?

Will Brexit impact Indian exports?

Mon, Jun 27, 2016

Federation of Indian Export Organisations on Indian Express reported, that India’s export will face pressure led by currency volatility post Brexit decision in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products.

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