Shares of Motisons Jewellers turned ex-split on Friday, November 08, in the ratio 1:10. Gold-related stocks have gained strong traction in recent months, fueled by the sustained demand for gold despite rising prices and a noticeable shift in consumer preference from unorganised to organised jewellery retailers. There has been a steady rise in jewellery demand in India, driven by rising …
As the Reserve Bank of India restricts unhedged currency derivatives, Nithin Kamath, co-founder of Zerodha, on Wednesday said that it would mean the death of currency derivative trading and that regulatory risk is the biggest risk for stock brokers. Taking to X, Nithin Kamath wrote: “I have said this before, regulatory risk is by far the biggest risk for stock …
Highlights Reserve Bank of India revises rules on foreign currency exposure of banks on October 11 RBI modified, consolidated guidelines for banks on unhedged foreign currency exposures RBI said a comprehensive review of extant guidelines has been undertaken Reserve Bank of India news : The Reserve Bank of India on Tuesday modified and consolidated guidelines for banks on unhedged foreign …
Notwithstanding the over 7% depreciation of the Indian rupee against the US dollar, the Reserve Bank of India has decided to ensure that the rupee finds its level in an orderly evolution, but it would have zero tolerance for volatile and bumpy movements. “We will continue to engage with the forex market and ensure that the rupee finds its level …
Days after the domestic currency breached the 80-level against the dollar, Das said Reserve Bank of India has zero tolerance for volatile and bumpy movement in the rupee Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday said the rupee is holding up relatively well when compared to the currencies of emerging market peers and advanced economies. Days after …