EXPERTS BELIEVE THAT the RBI may intervene less in the spot market and much more in the over-the-counter market. The central bank has already built significant positions in the NDF market, which is why OTC would be its preferred option. The rupee has depreciated from levels of 84 to 85 in just months, while moving from 83 to 84 in 14 months. The dollar index, which measures the greenback's strength against the basket of six major currencies, was trading slightly higher at 108.1 amid rising US Treasury yields, which rose to 4.61%.
Denne historien er fra December 28, 2024-utgaven av Financial Express Delhi.
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Denne historien er fra December 28, 2024-utgaven av Financial Express Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Hallucinatory AI May Not Necessarily Be a Bad Thing
The smart machines, it turns out, are dreaming up riots of unrealities that help scientists track cancer, design drugs, and even win the Nobel Prize
Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash
But stops short of admitting airliner was shot down
Genome reveals how a small group burst out of Africa
DNA from European fossils dating back 45,000 years offers new clues to how our species spread across the world
Across the Aisle
Commentators described the BJP-led government as a 'minority' government that will force Mr Modi to be more circumspect and restrained. I did not share that view. They thought that Mr Modi will be more deferent to Parliament, but that too was belied by the Winter session. Apparently, on Mr Modi's instructions, the ministers and MPs carried on in the usual aggressive way, showed scant respect to Parliamentary rules and conventions, and rode roughshod over the Opposition
Defiant push to change Constitution
PM Narendra Modi enjoyed the same support of the people as in 2014 and 2019 Lok Sabha elections
What does the future hold for out-of-form India captain Rohit Sharma?
STEVE SMITH WAS said to be a shadow of his best self before he scored a long overdue hundred against India in the Brisbane Test.
Individualised AI Tools
According to the Info-Tech Research Group report, more and more organisations will also be pursuing building their own AI tools.
Biotech Advancements
Recent breakthroughs in the field of biotechnology are expected to provide solutions for dominant problems in 2025.
Adani Green Forms New Subsidiary for Renewables
ADANI GREEN ENERGY on Saturday incorporated a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited.
Scindia Meets FM to Discuss India Post's Profitability Path
Communications Minister Jyotiraditya Scindia has met finance minister Nirmala Sitharaman to discuss India Post's path to profitability, an official release said on Saturday.
