Two NDF militants nabbed

Last Updated: Thursday, December 26, 2013, 21:02

Two suspected National Democratic Front terrorists were arrested on Monday in a joint operation by the police and the army.

FM asks market players to offer ways to control NDF volume

Last Updated: Saturday, December 14, 2013, 20:09

The Reserve Bank has also been keenly watching the NDF market and for the first time, it has openly come out a statement in its annual report released in August.

Chidambaram calls for high level of probity in capital market

Last Updated: Saturday, December 14, 2013, 11:58

The statements comes in the backdrop of Rs 5,600 crore payment crisis at National Spot Exchange Ltd (NSEL).

'NDF sucking out liquidity, need to deepen local forex market'

Last Updated: Friday, September 20, 2013, 21:34

Domestic forex market needs to be deepened and made more competitive as non-deliverable forwards is sucking out liquidity from the onshore place, increasing the rupee volatility, RBI Governor Rahuram Rajan said Friday.

NDF mkt crackdown, Rajan effect helping Re stabilise: Experts

Last Updated: Sunday, September 15, 2013, 16:57

NDF is a forex derivative instrument, traded over-the-counter and operated in currencies that are freely convertible unlike the rupee. "It seems the RBI and finance ministry officials gave a dressing down to the NDF players," a forex analyst with a brokerage told PTI.

Mayaram meets treasury heads of foreign banks on rupee

Last Updated: Saturday, August 31, 2013, 18:55

Economic Affairs Secretary Arvind Mayaram on Saturday discussed the continuing rupee fall and the resultant macro-economic impact with the treasury heads of leading foreign banks.