Nov 26, 2015 at 20:23 | Source: Reuters
While foreigners had not previously explicitly been banned from buying defaulted bonds, officials said investors had sought clarity from the Reserve Bank of India after a unit of JP Morgan in India suffered significant mark-to-market losses in late August.
Nov 26, 2015 at 19:00 | Source: PTI
In a notification, RBI said that it has been receiving requests from some of the foreign banks to remove the numerical restriction on engagement of expatriates in view of the operational difficulties faced by them in doing business in India.
Nov 26, 2015 at 10:22 | Source: CNBC
This registration comes ahead of a highly-anticipated announcement by the International Monetary Fund on Monday that China's yuan may join its foreign exchange basket.
Nov 26, 2015 at 09:55 | Source: PTI
They will be allowed to conduct renminbi and foreign exchange trading of one or more traded forex products, including spots, forwards, swaps and options, Xinhua added. China, the world's second largest economy, is pushing to give its yuan currency, also known as the renminbi, the status of a world currency.
Nov 26, 2015 at 08:09 | Source: CNBC
"Next week could be one of the most important weeks of the whole year," said Marc Chandler, head of foreign exchange strategy at Brown Brothers Harriman.
Nov 24, 2015 at 15:27 | Source: SME Mentor
India has been one of the most resilient emerging markets, with foreign buyers taking up about USD 9.7 billion of debt this calendar year
Nov 24, 2015 at 13:14 | Source: Reuters
Several market participants involved in the sale said offshore units of Nomura, Standard Chartered and Bank of America Merrill Lynch bought about 30 billion rupees (USD 451 million) of the 35 billion rupees on offer in October, the first window for foreigners to buy in.
Nov 24, 2015 at 11:14 | Source: PTI
The desk will provide services like cash management, and products on financial markets, debt capital markets, employee banking services, it said in a statement. It will also provide detailed guidance on foreign direct investment and mergers and acquisitions, it added.
Nov 23, 2015 at 09:28 | Source: Reuters
The world's second-largest economy will also provide aid worth 3.6 billion yuan (US USD 560 million) to underdeveloped states within the Association of Southeast Asian Nations (ASEAN) in 2016, Vice Foreign Minister Liu Zhenmin told a news conference during the annual East Asia Summit, which this year was held in Kuala Lumpur.
Nov 18, 2015 at 17:18 | Source: CNBC-TV18
Market expert Sudip Bandopadhyay believes the global situation has rattled investors Paris attack has had a sentimental impact, there is also the impending US Federal Reserve interest rate hike and there are no positive triggers domestically. He says the pressure on foreign investors to sell emerging markets like India is too much