Indian cenbank asks lenders to cut speculative bets against rupee, sources say

November 22, 2024

The Reserve Bank of India has instructed banks to reduce their long positions on the USD/INR pair to curb speculation against the weakening rupee. This move comes amidst record lows for the rupee, fueled by factors like foreign investor selling and a strengthening dollar.

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Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors

The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,

June 12, 2025

Defying gravity: This smallcap stock surges 22% in just two sessions after BNP Paribas buys stake

Unified Data Tech surged 16% to a 52-week high of ₹387 on strong volumes following a block deal where BNP Paribas acquired over 1 lakh

June 12, 2025

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