India

Rupee Slump to Push India to Seek Yuan Trade Settlement

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Indian Rupee Hits Record Low As Dollar Index Surges

The plan would enable direct convertibility between the rupee and yuan and will help cut transaction and hedging costs, the people said, asking not to be identified citing rules. The proposal would allow Indian exports of pharmaceuticals, oilseeds and sugar to China to be settled in rupee, while keeping out trade in high volume products such as electronics, they said.

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Dhanteras 2018: जानिये कब है धनतेरस, क्या है पूजन और खरीददारी का शुभ मुहूर्त

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Dhanteras 2018: दिवाली से ठीक दो दिन पूर्व धनतेरस का त्योहार मनाया जाता है. दरअसल, ऐसी मान्यता है कि धनतेरस के दिन यानी धनत्रयोदशी के दिन भगवान धनवंतरी का जन्म हुआ था. तभी से धनत्रयोदशी के दिन को धनतेरस के रूप में मनाया जाने लगा और इस दिन को धन तेरस के रूप में पूजा जाता है. इस बार धनतेरस 5 नवंबर को है.

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Popularity of India Stocks Over Past Decade Adds to Outflow Risk

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Gold Silver Reports (GSR) – Monsoon season may be over, but India’s investors are at risk from a different kind of flood. — Indian stocks have been the biggest emerging-Asian beneficiaries of the wave of liquidity that swept over world markets in the wake of the global financial crisis, That may also make them the most vulnerable, now that the waters are receding.

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