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Ease end-use curbs for issuance of ECBs, FCCBs: Assocham

Last Updated: Tuesday, May 19, 2015, 21:38

To facilitate long-term fund raising by infrastructure companies, industry body Assocham has demanded easing of end-use restrictions for issuance of commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs).

Forex reserves at life-time high

Last Updated: Friday, May 15, 2015, 23:56

Country's foreign exchange reserves increased by USD 262.4 million to touch a new life-time high of USD 352.131 billion in the week to May 8 on account of rise in foreign currency assets, RBI said.

NTPC plans to raise $1 bn through foreign currency bonds

Last Updated: Wednesday, May 6, 2015, 14:24

Country's largest power producer NTPC will raise USD 1 billion through foreign currency bonds this year to expand its power generation capacity, particularly in renewable energy segment.

Forex reserves fall by $2.59 billion to $340.41 billion

Last Updated: Friday, April 17, 2015, 18:12

After rising for three consecutive weeks, the country's foreign exchange reserves declined by USD 2.592 billion to USD 340.412 billion in the week to April 10 as foreign currency assets declined, the Reserve Bank said.

Forex kitty continues to rise, scales new high at $341.4 billion

Last Updated: Friday, April 3, 2015, 21:26

The foreign exchange reserves continued their upward momentum and scaled a new life time high at USD 341.378 billion, rising by USD 1.386 billion for the week ended March 27, the Reserve Bank data showed Friday.

Fxkart.Com announces $2 million seed funding

Last Updated: Thursday, March 26, 2015, 13:58

Fxkart.Com is an online platform for exchange of foreign currency.

Forex reserves hit new high at over USD 338 bn

Last Updated: Sunday, March 8, 2015, 11:54

Foreign exchange reserves rallied to a new life-time high at USD 338.079 billion, an increase of USD 3.886 billion in the week to February 27, on account of higher foreign currency assets.

India's forex reserves up $3.88 bn

Last Updated: Saturday, March 7, 2015, 14:24

India`s foreign exchange reserves increased by USD 3.88 billion to USD 338.07 billion for the week ended Feb 27, Reserve Bank of India (RBI) data showed.

BoI to defer $750 mn bond sale plan on excess liquidity

Last Updated: Sunday, February 22, 2015, 16:32

The city-based bank has a board approval to raise USD 5 billion through MTN beginning 2005 and has so far raised USD 2.5 billion.

Forex kitty high, but may not cushion extreme volatility: RBI

Last Updated: Tuesday, February 10, 2015, 12:30

RBI Deputy Governor H R Khan on Tuesday said though the country's forex kitty was at an all time high of USD 330 billion, there should be no complacency as no amount of reserves may be enough to fight extreme volatility.

Forex reserves hit all-time high at $322.14 billion

Last Updated: Friday, January 23, 2015, 18:35

India's foreign exchange reserves jumped by a massive USD 2.66 billion to touch all-time high of USD 322.135 billion in the week ended January 16, on account of surge in foreign currency assets, RBI said Friday.

India's forex reserves up $236 million to $319 billion

Last Updated: Friday, January 16, 2015, 20:42

The country's gold reserves remained unchanged at USD 19.377 billion.