5 things that changed for market over the weekend: Gift Nifty, US Fed, China stimulus, to global cues for Sensex today

5 things that changed for market over the weekend: Gift Nifty, US Fed, China stimulus, to global cues for Sensex today

The Indian stock market is likely to open higher on Monday led by positive global cues amid gains in Asian and US peers. This week, investors will eye a host of stock market triggers including the much-awaited annual general meeting (AGM) of oil-to-telecom conglomerate Reliance Industries, macroeconomic data, global cues, and more. In the week … Read more

Three key projects show how far India’s financial sector has come

Three key projects show how far India’s financial sector has come

A set of announcements over the past few days have fuelled hopes of some sort of policy convergence in the Indian financial sector. First, finance minister Nirmala Sitharaman announced that the government would soon unveil rules on allowing Indian firms to list directly on overseas exchanges and at the International Gift City exchange in Gujarat. … Read more

Rupee to replace US dollar? India wants nations facing dollar crunch to settle trade payments in rupee

Rupee to replace US dollar? India wants nations facing dollar crunch to settle trade payments in rupee

Updated Apr 2, 2023, 03:29 PM IST Recently, Commerce Secretary Sunil Barthwal said India is ready to trade in Indian rupee with countries which are “facing currency failure or have dollar shortage”. Speaking after the unveiling of Foreign Trade Policy (FTP) 2023 which seeks to increase India’s exports to USD 2 trillion by 2030, the … Read more