Search Results for: rupee depreciation

Petrol, diesel prices regulated by election dates, not by global rates: Congress

Congress spokesperson Gaurav Vallabh alleged that retail inflation, GDP growth, and a depreciating rupee are some of the examples that paint a concerning picture of how the economy was being managed.

Sep 11, 2022

KCR eyes national role; pursues goal of 'BJP-mukt Bharat' [details]

KCR, as Rao is popularly known, is mincing no words in attacking Modi and the BJP over what he called their divisive politics, wrong policies and deliberate attempts to destroy the spirit of federalism.

Sep 11, 2022

Experts predict volatility in Indian rupee likely to persist in the short term

Sujan Hajra, Chief Economist and Executive Director, Anand Rathi Shares and Stock Brokers, said from Rs 73 per dollar in April 2021, recently rupee moved below Rs 80 per dollar

Sep 10, 2022

India's external debt of $620 billion is sustainable, defends Finance Ministry

In a recent report, the Department of Economic Affairs said the country's external debt continues to be sustainable and prudently managed.

Sep 5, 2022

After a volatile week expect markets to remain rangebound [details inside]

The Indian Rupee gained 6 paisa or 0.08 per cent to close at Rs 79.80 to the US Dollar. Dow Jones continued to remain under pressure and lost on four of the five trading sessions.

Sep 4, 2022

Britain slips behind India, ranks 6th biggest economy now as per IMF data

The calculation is based in US dollars, and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund.

Sep 3, 2022

india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

Forex: Rupee falls 11 paise at 79.56 against US dollar

Dollar index, which gauges the the strength of greenback against the basket of six major currencies were at 109.037.

Sep 2, 2022

Indian rupee declines sharply to a record low, one dollar equals Rs. 80.14

At 11 a.m., the rupee was trading at 80.04, as compared to 79.86 close on the previous trading session against the US dollar.

Aug 29, 2022

RBI Gold bonds: Second Sovereign Gold Bond Scheme series to open on August 22

The government has announced that the second series of the Sovereign Gold Bond Scheme for the current fiscal will open for subscription on August 22, and the issue price is Rs 5,197 per gram.

Aug 20, 2022

RBI tightens noose on fraudulent Chinese lending apps; plugs loopholes in regulatory guidelines

Investigating agencies found that various fintech companies in collusion with NBFC had thus indulged in predatory lending, by-passing the regulatory system.

Aug 18, 2022

Most banks hike deposit rates ahead of festive season

Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed.

Aug 17, 2022

Amul hikes milk prices by Rs 2 per litre; check out revised costs [details]

According to Amul, the hike is just a four per cent increase in price and lower than prevailing food inflation.

Aug 16, 2022

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Big market crash coming? Bank of America predicts Nifty to slump to 15600 by December [read now]

The firm stated that it is neutral on the information technology sector and underweight on stocks in the external/export-driven sectors like materials and select discretionary.

Aug 12, 2022

Markets: Rupee, bond yield ends almost flat ahead on long weekend

The Indian rupee and the government bond yield ended almost flat on Friday as most traders remained on the sidelines ahead of the long weekend.