• By Goodwill
  • 5 Comments
  • April 8, 2024

FX MORNING UPDATE

USDINR opened at 83.43 on Friday and the pair traded in the 83.26-83.44 range. Spot USDINR closed at 83.32, loss of 8  ps for USD as against prior close of 83.40. RBI reference

  • By Goodwill
  • 4 Comments
  • April 5, 2024

RBI Monetary Policy :

RBI monetary policy: Rates remain unchanged, growth outlook bright; 5 key highlights of RBI MPC outcome RBI monetary policy: The Reserve Bank of India (RBI) Governor Shaktikanta Da

  • By Goodwill
  • 31 Comments
  • February 1, 2024

Budget Highlights :

-Increase in Capex by 11.1% to 11.1 lac Cr -New 3 Railway Corridors to improve logistics efficiency   -Expansion of existing airports and new airports to be constructed   -Promot

  • By Goodwill
  • 792 Comments
  • February 1, 2024

What is in Interim Budget-2024?

Budget 2024: Govt focused on GDP – Governance, Development and Performance, says FM Nirmala Sitharaman. Markets are flat and choppy. Interim Budget- No change in Tax rates. 

  • By Goodwill
  • 34 Comments
  • January 18, 2024

FX rates and USDINR

Major developments: USD is now at 83.155. USDINR opened at 83.15. Fwd premia – 1 year fwd premia is at 1.87% p.a. The focus is on the ECB meeting.   -US retail sales cli