Decoding the fall and rise of India’s forex reserves
[ad_1] On 14 July, India’s foreign exchange (forex) reserves stood at $609 billion. On 20 October, they hit a recent low of $583.5 billion before rising again slightly to $597.9…
Status quo again: What to make of the Fed decision
[ad_1] The US Federal Reserve has decided to hold the federal funds rate steady at 5.25-5%. This is the second meeting in a row the Fed has maintained the status…
FII selling increases HDFC Bank’s ‘foreign room’
[ad_1] MUMBAI: Foreign institutional investors (FIIs) have reduced their shareholding in HDFC Bank to 58.75% as of 30 September from 60.23% on 14 June – before it merged with HDFC…
Nifty, Sensex fall for sixth day on FII sell-off as oil price rises
[ad_1] NEW DELHI : Indian benchmark indices fell the most in six days on Thursday on continued selling by foreign institutional investors (FII) amid rising oil prices and US bond…