RBI Can Spend Up to $30 Billion to Defend Rupee, Says German Brokerage
Amid pressure on the rupee, a German brokerage has suggested that the Reserve Bank of India (RBI) can utilize up to USD 30 billion from its impressive forex reserves, which…
India’s External Debt at USD 624.7 Billion: Finance Minister’s Report
India’s External Debt of USD 624.7 Billion Remains Stable: Finance Minister Sitharaman India’s external debt of USD 624.7 billion at March-end 2023 with a debt-service ratio of 5.3 per cent…
India’s Forex Reserves Soar to $598.897 Billion, RBI Data Shows
India’s Forex Reserves Witness Remarkable Surge India’s foreign exchange (forex) reserves witnessed a substantial boost, surging by $4.039 billion to reach a total of $598.897 billion for the week ending…
L&T’s Shares Reach New Heights Amidst Speculations of $2.9 Billion Contract with Saudi Aramco
Larsen and Toubro (L&T) witnessed a remarkable surge in its stock price, reaching a peak of Rs 2,787.65, marking a 2% gain on the BSE during Thursday’s intraday trade. This…
Elon Musk’s $1 Billion Loan from SpaceX Amid Twitter Acquisition
Elon Musk’s $1 Billion Loan from SpaceX Amid Twitter Acquisition Published by Reuters on [Insert Publication Date] (Reuters) – Elon Musk withdrew a loan of $1 billion from SpaceX –…
Foreign Portfolio Investors Invest USD 626 Billion in Indian Equities: Morningstar
Foreign Portfolio Investors Invest USD 626 Billion in Indian Equities: Morningstar The value of foreign portfolio investors’ holdings in the domestic equities reached USD 626 billion in the three months…
Broadcom’s $61 Billion Deal to Acquire VMWare Gets UK Approval
Broadcom’s $61 billion deal to acquire VMWare has received approval from the UK’s Competition and Markets Authority (CMA) after an extensive investigation. The CMA determined that the deal would not…