Rupee worries force India’s importers to hedge extra: An analysis Worried about India’s precarious external accounts and the weakening rupee, domestic importers are hedging a lot more of their currency exposures than they are required to. The rupee is down about 7.5% versus the U.S. dollar this year, and headed for what could be its worst year in four. ...

Three banks offering FD interest rate over 8% for senior citizens [ad_1] Ever since the Reserve Bank of India (RBI) started hiking key policy rates in May 2022, banks have been increasing interest rates on fixed deposits (FDs). Some banks have hiked interest rates so much that they have risen from decadal low levels to close to 8% for senior ...

Rupee seen firming to 78.5-79.5 against dollar by FY23-end: HDFC Bank By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee is likely to strengthen to 78.50-79.50 against the dollar by March 2023, as commodity prices stabilise globally and improving domestic fundamentals lure back foreign portfolio inflows, the country’s top private lender HDFC Bank said. The rupee has ...

Sovereign Gold Bonds : How is investment in Sovereign Gold Bonds taxed? [ad_1] What is the SGB issue price? “ The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription ...

Inflation to ease to 4% in two years after peaking, says RBI Governor Reserve Bank of India Governor Shaktikanta Das seeks to slow India’s inflation to 4 per cent within two years after hitting its peak in the last few months. “Inflation has peaked and price gains are getting anchored,” Das said in an interview with television channel ET Now ...

Silver, gold prices: Check weekly price trends [ad_1] Silver, gold prices: Check weekly price trends [ad_2]

NARCL revises CEO Natarajan Sundar’s salary to market rates: Report In a bid to attract experienced talent, the National Asset Reconstruction Co Ltd (NARCL) has increased the total remuneration of its chief executive, Natarajan Sundar to Rs 1.7 crore, which is significantly higher than the salaries of CEOs of top state-owned banks, Livemint said in a report on Tuesday. ...

savings account interest rates: DCB revises savings account interest rates: Check latest rates here [ad_1] has revised interest rates on savings accounts. The bank’s official website states that the revised interest rates are effective from August 22, 2022. Following the revision, the savings bank account holders can earn up to 7% interest rate on savings account deposits. DCB Bank savings ...

Aadhaar: What is the fees you have to pay to avail Print Aadhaar facility [ad_1] The Unique Identification Authority of India (UIDAI) offers Print Aadhaar and Find Aadhaar services. Here is a look at what this facility is and how much it costs to use the service. Print Aadhaar facility By paying a fee of Rs 30 for the printing ...

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