Intervention

The National Company Law Tribunal (NCLT) is expected to hear the case on December 1.

SpiceJet and EaseMyTrip sign agreement to expand services in Indian market

The agreement is a strategic intervention with an attempt for both companies to expand their services in the Indian market and will commence on August 1, 2023.

Yen strengthens after Japan intervenes for first time since 1998

The dollar was last down 1.17% at 142.42 yen. It hit a low of 140.31 after the intervention, having earlier reached a fresh 24-year peak of 145.9 yen.

Manmohan Singh saves Patel from grilling

Reserve Bank Governor Urjit Patel today escaped possible grilling by a parliamentary committee over the demonetisation issue but for the intervention of former Prime Minister Manmohan Singh.

Severe rupee volatility could prompt RBI intervention: StanC

In an interview to CNBC-TV18 Devesh Divya, Asia FX Strategist at Standard Chartered Bank shared his reading and outlook on the currency market. He expects markets to remain volatile at least till the time that we see clear pattern emerge in terms of Brexit versus Bremain.

US Senate's Syria resolution sets 60 days deadline

The resolution is likely to be put to vote before the committee today. The resolution, among other things, permit the deployment of a small rescue mission in the event of an emergency, Congressional aides said.

Rupee likely headed to 64; NDFs surge to record

Traders did not cite any significant RBI intervention on Monday even as the currency fell 2.3 percent. Dealers cite continued dollar demand from state-run banks for oil, defence and other interest payments.

Rupee to resist at 61.20/$; govt steps awaited: StanChart

Agam Gupta of Standard Chartered Bank believes that the sentiment in the currency market has improved as likely Reserve Bank (RBI) intervention on Wednesday has boosted participants in the market. He sees strong resistance for the rupee at 61.20/USD levels.

Indian telecom gear makers write to PM on delay in policy

The TSDMA letter was signed by its members including Shyam Telecom, Tejas Networks, Matrix Comsec, Vihaan Networks, Inventum Technologies and Pulse Engineering.

Rupee closing in on record low; RBI watched

The rupee is closing in on record low as equities remain weak and USD strengthens against crosses. The Indian unit falls to 58.6425, versus 57.87/88 at Monday's local close.

What are govt's policy options to check rupee slide?

The RBI has typically chosen to stay away from intervention in the foreign exchange market in the recent past, allowing the rupee to be driven by market forces. With the rupee has now at a new low, with a further near-term weakening bias, the chances of intervention by the RBI have risen significantly.

Punishing taxes may bring rupee down further

CNBC-TV18's banking editor, Latha Venkatesh, shares her views on the rupee's reaction to a probable roll-back of GAAR and other taxes by the government. Latha points out to other vital factors that might impact the rupee such as the current account deficits.