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China may halt Yuan weakening drive to curb capital outflows, calm global nervousness

Aug 27, 2015

China may halt Yuan weakening drive to curb capital outflows, calm global nervousness

Government economists and policy advisers say the People's Bank of China will now try to stop the yuan weakening much past 6.5 per dollar #China #China slowdown #Yuan #People's Bank of China #Policy makers #PBOC #currency devaluation
Yuan devaluation effect: Will 65-66 be the new normal for the rupee?

Aug 25, 2015

Yuan devaluation effect: Will 65-66 be the new normal for the rupee?

The fall of the rupee is evidently due to the Chinese devaluation that has affected all countries. #Dollar #Rupee #FDI #Yuan #CurrencyWatch
China devalues Yuan again sparking fears of Asian currency war

Aug 12, 2015

China devalues Yuan again sparking fears of Asian currency war

Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day, sending fresh shockwaves through global markets and fuelling fears of a currency war as jittery Asian neighbours came under pressure to devalue as well. #World #Economy #China #IMF #NewsTracker #Asia #Yuan #Currency #Devaluation
Govt notifies norms for composite cap on overseas investment

Jul 30, 2015

Govt notifies norms for composite cap on overseas investment

Under the modified norms, all types of direct and indirect overseas investments, whether portfolio or FDI, will be subject to a composite foreign investment cap for that particular sector. #ICICI Bank #FDI #Yes Bank #HDFC Bank #PolicyWatch #Kotak Mahindra Bank #Overseas investment #Foreign Currency Convertible Bonds
Insurgents, militants funded by drug and fake currency trade: Assam ADGP

Jul 28, 2015

Insurgents, militants funded by drug and fake currency trade: Assam ADGP

Insurgent and militant groups in the country, including those in the north east get huge funds from illicit trade in drugs and fake currency, Assam Additional Director General of Police Mukul Sahay said on Tuesday. #NewsTracker #Fake currency #militants #insurgents #drug trade #Assam Meghalaya #Illicit Tobacco Trade
Greece situation could have implications on international currency: Nirmala Sitharaman

Jul 06, 2015

Greece situation could have implications on international currency: Nirmala Sitharaman

The government is "very closely" monitoring the developments in Greece as that could have implications on the international currency market, Commerce and Industry Minister Nirmala Sitharaman said on Monday. #Economy #NewsTracker #Nirmala Sitharaman #Greece Financial Crisis #International Currency Market
RBI gives Rs 100 note a makeover, check out the new security features here

Jun 26, 2015

RBI gives Rs 100 note a makeover, check out the new security features here

As per the apex bank's notification, they have issues Rs100 denomination banknotes in Mahatama Gandhi series-2005 with a new numbering pattern. #RBI #NewsTracker #Raghuram Rajan #Currency #fake notes #Rs 100