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Bank of Baroda (Bank), acting as the sole mandated lead arranger, has underwritten a $500 million 5-year foreign currency term loan facility to OVL Overseas IFSC Ltd (OOIL), a GIFT City registered wholly owned subsidiary of ONGC Videsh Ltd(OVL).  Lalit …

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India achieved significant foreign exchange savings of ₹40,000 crore in FY 2024-25 through ethanol blending. New Delhi: India saved ₹40,000 crore in foreign exchange during FY 2024–25 through ethanol blending, while nearly ₹50,000 crore flowed into the …

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Global investing has expanded rapidly, exposing portfolios to currency swings that can enhance or erode returns. Whether an Indian investor allocating to US stocks, a US investor accessing emerging markets, or a global fund navigating multi-currency flows, …