The rupee is trading within a narrow range against the US dollar in early trading

The rupee traded within a narrow range against the US dollar in early trade on Wednesday after support from positive domestic equities was offset by month-end dollar demand. Forex traders said the major factors affecting the rupee are geopolitical developments. Moreover, the Reserve Bank of India has also intervened on both the buying and selling […]

India’s foreign exchange reserves rise by $4.49 billion as the RBI buys more gold

CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]

India’s foreign exchange reserves rise by $4.49 billion as the RBI buys more gold

CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]

High energy prices, cheaper ders stimulate the decentralized power in Pakistan, says IEEFA Report – Mettis Global Link

June 5, 2025 (MLN): The convergence of rising energy prices and falling costs of distributed energy sources (Ders), such as Fotovoltaic (PV) systems on the roof and battery energy storage systems (BESS), has encouraged consumers to adopt decentralized energy solutions. By one report By the Institute for Energy Economics and Financial Analysis (ieefa) entitled ‘battery […]