Rupee to gain as Rajan comforts market sentiment

On his first day as Reserve Bank of India (RBI) governor, Raghuram Rajan lifted the sentiment in the foreign exchange market by announcing a slew of measures that are set to boost the rupee against......

RBI preparing report on derivatives trading

The Reserve Bank of India is preparing a report on derivatives trading with an objective to bring harmony in regulatory aspects for over-the-counter and exchange traded products."We are in advanced......

Currency unlikely to plunge to Rs 68 to a dollar

RBI's  steps will prevent rupee from slipping, even if OMCs meet entire $ demand from market Despite demand for dollars from state-run oil marketing companies (OMCs) emerging in the foreign......

Smart investors make 'dirty' gains in tax-free bonds

Some smart investors are taking advantage of ‘dirty’ pricing available on exchanges to amplify their returns on tax-free bonds. This practice has been rampant in bonds issued last......