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    • It's carnage out there for emerging markets

    • Fed stimulus jitters dent Asian currencies

    • HSBC expects rupee around 62/USD by year end

      Paul Mackel of HSBC says there is still some very good yield in the Indian rupee, Malaysian ringgit and Brazilian real.

    • Rupee leads Asia forex gains on China stabilisation hopes

      Sentiment was also lifted by easing concerns of a US military strike against Syria, which saw crude oil prices retreat. The rupee hit a two-week high.

    • Rupee at new low: Market braces for more RBI tightening

      The rupee was expected to start on the back foot today because of the dollar strength versus emerging market currencies, but nobody was quite prepared for this kind of a fall in the rupee. RBI steps are not working as the rupee hit fresh lows and maybe now the market is tightening its belt for more tightening

    • Axiata Group posts 15% increase in profit in Apr-Jun

      Malaysia's telecom giant Axiata Group today reported 15% rise in its profit to 663 million Malaysian ringgit during the April-June quarter, mainly on account of higher contribution from its operating unit, including India's Idea Cellular.

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