#IndiaNrupeespot

India’s gold imports are slowing to a trickle as banks and bullion traders grapple with new restrictions aimed at shoring up a weak rupee battered by the Middle East war.

Global investors including Cerberus Capital Management, Farallon Capital Management and Ares Management Corp. are in talks to invest in Shapoorji Pallonji Group’s proposed rupee debt of 143 billion rupees ($1.5 billion), according to people familiar with…

India is considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter.

India’s foreign-exchange reserves remain strong enough to defend its currency against the Iran-war driven oil shock, with buffers well above stress levels seen during the taper tantrum, according to economists.

India is weathering global financial pressures better than headline data suggest, with worries over foreign outflows overstated, according to S&P Global Ratings.

The Indian rupee fell to a record low as crude prices rose following a flare-up in violence in the Middle East, leading analysts to consider whether the central bank may return to its 2013 playbook to support the currency.

India’s central bank-supervised clearinghouse is making changes to its trade reporting system to bring it more in line with global standards and to make it easier for lenders to disclose their offshore rupee trades, according to people familiar with the…

From Bloomberg: Tech Selloff, Fears of Fresh Rupee Curbs Cast Shadow on Indian Stocks