BSE hoists the sails for Sensex's 'offshore' voyage

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the ‘offshore’ debut of its 30-share index, which has become synonymous with the......

AIF returns trailed market gains in Dec

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Illustration: Uttam Ghosh/Rediff.com Close-ended......

Rupee falls 9 paise to settle at all-time low of 83.13/USD

The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency.......

Tightening India-US 10-year bond yield spread puts rupee under pressure

One of the key factors contributing to the decline in the value of the rupee against the US dollar is the tightening yield spread between the 10-year India government bond and the US government......