Reuters India

Rupee weaker as Asian FX on the back foot on Fed rate-hike bets

By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee weakened against the dollar on Monday, along with most other Asian emerging market currencies after recent U.S. data bolstered bets of another Federal Reserve rate hike. The rupee finished at 81.98 per U.S. dollar compared with 81.8850 in the previous session. Importer-led dollar demand pulled the …

Rupee weaker as Asian FX on the back foot on Fed rate-hike bets Read More »

India’s overnight swap market pricing in rate cuts before 2023 end – analysts

By Dharamraj Dhutia MUMBAI (Reuters) – India’s overnight indexed swap (OIS) rates are pricing in interest rate cuts by the Reserve Bank of India (RBI) with a clear timeline after the central bank kept rates unchanged last week, analysts said. OIS rates, often seen as the clearest indication of future policy rate actions, are interest …

India’s overnight swap market pricing in rate cuts before 2023 end – analysts Read More »

India likely to get “below normal” monsoon rains in 2023 – Skymet

BENGALURU (Reuters) – India is likely to get “below normal” monsoon rains in 2023 with an increasing likelihood of El-Nino, which typically brings dry weather to Asia, private weather forecasting agency Skymet said on Monday. “Likelihood of El Nino is increasing and its probability to become a dominant category during the monsoon is growing large. …

India likely to get “below normal” monsoon rains in 2023 – Skymet Read More »

India inflation seen easing in March on softening food price rises: Reuters poll

By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely eased in March to 5.80% thanks to softer food price rises, dipping below the Reserve Bank of India’s upper tolerance limit for the first time this year, a Reuters poll of economists found. The data is due at 1200 GMT on April 12, less than …

India inflation seen easing in March on softening food price rises: Reuters poll Read More »

Cricket-Rinku smashes five sixes in last over to give Kolkata famous win in IPL

(Reuters) – Rinku Singh hit five sixes off the last five deliveries as Kolkata Knight Riders chased down a mammoth target of 205 to beat the Gujarat Titans in the Indian Premier League on Sunday. The Titans, reigning IPL champions, looked to have wrapped up victory after Afghanistan spinner Rashid Khan claimed a hat-trick to …

Cricket-Rinku smashes five sixes in last over to give Kolkata famous win in IPL Read More »

Ukrainian deputy foreign minister due to seek Indian aid – report

NEW DELHI (Reuters) -Ukraine’s First Deputy Foreign Minister Emine Dzhaparova will ask India on an upcoming visit for humanitarian aid and equipment to repair energy infrastructure damaged during Russia’s invasion, a newspaper reported on Saturday. India’s foreign ministry said the Ukrainian minister was arriving in India on Sunday on a four-day trip during which the …

Ukrainian deputy foreign minister due to seek Indian aid – report Read More »