MUMBAI, April 30 (Reuters) – Indian bond yields fell on
Tuesday after the government said it would cut tax on interest
income earned on debt by foreigners, a move that is expected to
spur demand from overseas investors.

New Delhi will cut the tax on interest payments to
foreigners on government and corporate debt to 5 percent from up
to 20 percent for a two-year period, in a bid to draw further
inflows to bridge its current account deficit and polish its
reformist credentials.

MUMBAI, April 29 (Reuters) – Indian federal bond yields rose
on Monday as dealers kept positions light on caution ahead of
the central bank’s rate decision on Friday and on resumption of
supply.

The Reserve Bank of India is widely expected to lower its
key benchmark repo rate by 25 basis points for the third time
this year, but dealers are closely watching if the central bank
signals further monetary easing after recent falls in global
commodity prices.

MUMBAI (Reuters) – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors.

Kinariwala’s Capveda Capital (India) Advisory fund, which he runs from a modest office in a decrepit industrial estate in Mumbai, has returned 11.86 percent so far this year, outperforming average negative returns of 2 percent from India-focused foreign hedge funds.

MUMBAI, April 29 (Reuters) – Indian hedge fund manager
Kalpesh Kinariwala is so sure of his equity strategies in a
country that has stumped foreign rivals that he sends a daily
e-mail tracker of his performance – including to competitors.

Kinariwala’s Capveda Capital (India) Advisory fund, which he
runs from a modest office in a decrepit industrial estate in
Mumbai, has returned 11.86 percent so far this year,
outperforming average negative returns of 2 percent from
India-focused foreign hedge funds.

MUMBAI (Reuters) – The rupee ended down on Friday, falling 0.8 percent for the week, dragged by month-end dollar demand from importers and weak equities.

Weakness in local stocks, which snapped a four-day winning streak, to end 0.62 percent lower hurt the currency, dealers said.

MUMBAI, April 26 (Reuters) – The Indian rupee ended down on
Friday, falling 0.8 percent for the week, dragged by month-end
dollar demand from importers and weak equities.

Weakness in local stocks, which snapped a four-day winning
streak, to end 0.62 percent lower hurt the currency, dealers
said.

MUMBAI (Reuters) – The rupee rose on Thursday, snapping two sessions of losses, on hopes of renewed foreign fund inflows on the back of a buoyant stock market, which gained for a fourth straight session.

Foreign funds have poured in over $500 million in equities in the last four sessions, according to latest data from the capital market regulator.

MUMBAI, April 25 (Reuters) – The Indian rupee rose on
Thursday, snapping two sessions of losses, on hopes of renewed
foreign fund inflows on the back of a buoyant stock market,
which gained for a fourth straight session.

Foreign funds have poured in over $500 million in equities
in the last four sessions, according to latest data from the
capital market regulator.

MUMBAI (Reuters) – The rupee fell to its lowest in a week on Tuesday, logging a second successive day of loss, as importers continued to buy dollars and a weak euro posed headwinds to the currency.

Dollar demand from importers, particularly oil and gold buyers, has been consistently strong in recent sessions with global commodity prices plummeting, dealers said.

MUMBAI, April 23 (Reuters) – The Indian rupee fell to its
lowest in a week on Tuesday, logging a second successive day of
loss, as importers continued to buy dollars and a weak euro
posed headwinds to the currency.

Dollar demand from importers, particularly oil and gold
buyers, has been consistently strong in recent sessions with
global commodity prices plummeting, dealers said.