Buy-sell swaps are primarily being deployed to lengthen the maturity of the forward book. Illustration: Dominic Xavier/Rediff Key Points A 90-day VRR auction for Rs 25,000 crore will be conducted on January 30. The RBI has maintained that OMO purchases
The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week. Illustration: Dominic Xavier/Rediff India’s foreign exchange reserves rose by $14 billion
State-owned Hindustan Copper Ltd (HCL) on Saturday (January 24) said it has been declared the preferred bidder for the Baghwari-Khirkhori copper and associated mineral block in Madhya Pradesh. The company participated in the Notice Inviting Tender (NIT) dated October 31,
TACO may have saved the day, but like the storm hitting much of the country, markets could freeze up again. TACO, of course, is an acronym for Trump Always Chickens Out. It was the ticket to a recovery this past
Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Te lensFix/Pexels.com Booking momentum remains encouraging, supported by leisure travel, event-led demand, and steady corporate movement, with last-minute pick-ups expected closer to arrival Key Points Hotels
Don’t let the subcompact label fool you, the Tata Punch is a real SUV at heart, warns Rajesh Karkera. Since its debut in 2021, the Tata Punch has been a favourite for those seeking SUV styling in a compact package…
The reserves climbed to an all-time high of $705 billion in September 2024, but have been under pressure lately Illustration: Dado Ruvic/Reuters Key Points Value of the gold reserves jumped by $4.62 billion to $117.45 billion India’s reserve position with
Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed’s interest rate decision, where expectations are muted. Photograph: Francis Mascarenhas/Reuters Key Points Adani Ports, Eternal, IndiGo, Axis Bank, Bajaj Finserv,
Gandhar Oil Refinery (India) Ltd on Friday (January 23) reported a 67.9% year-on-year increase in net profit for the third quarter, rising to ₹32.4 crore from ₹19.3 crore in the year-ago period. Revenue from operations for Q3 FY26 stood at
BPCL Q3 results: Maharatna PSU Bharat Petroleum Corporation Limited announced financial results for the October to December quarter on Friday, 23 January. The state-owned company’s consolidated net profit rose 88.87% to ₹7,188.4 crore from ₹3,805.94 crore in the same quarter
