Rupee to benefit from dollar retreat, plunging US yields; oil surge tempers impactThe Indian rupee is set to begin trading on a flat note or with a slight increase, driven by falling US Treasury yields. However, the loomi...
G-Sec 10-year yields come down 5 bps to 7.39% on Fed signalsThe yield on 10-year benchmark government bonds decreased to 7.39% on Thursday, marking the largest fall since July. US Treasury yields eas...
Rupee rises 3 paise to close at 95.25 against US dollarThe Indian rupee appreciated by 3 paise to reach 95.25 against the US dollar. It started the day at 95.20 but hit an intra-day low of 95.38...
India's dealmaking resilient despite weak rupee, equity slump, Citi's Saraf saysIndia's M&A deal value has declined over the year while the number of deals remains stable. Strategic partnerships are expected to increase...
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
Rupee hits two-week low on 'sticky' dollar bids, modest intervention cushionsThe Indian rupee experienced a sharp decline on Thursday, hitting a two-week low against the dollar. Traders highlighted that heightened do...
Rupee weakens on dollar demand, elevated crude oil pricesThe Indian rupee closed at 95.22, reflecting a minor drop attributed to ongoing market pressures. With traders exercising caution ahead of ...
Elevated oil prices keep up heat on rupee, traders await cues from FedThe Indian rupee closed lower against the dollar as oil prices surged due to supply concerns. Brent oil rose to $115.3 per barrel following...
Rupee rises 4 paise to 95.03 against US dollar in early tradeIn early trade, the rupee appreciated by 4 paise to 95.03 against the US dollar amid persistent pressures. Forex traders cited strong dolla...
India’s record bank cash surplus fades as RBI curbs rupee betsIndian banks have seen their excess funds drop significantly as the Reserve Bank of India maintains liquidity tightness. This monetary poli...
Rupee edges up to 95.11 against dollar on likely RBI interventionOn Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. This change occurred despite rising o...
Rupee boxed in range; traders focus on oil, outflows and RBI's defenceThe Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challeng...
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reservesRaghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee ...
Rupee slips below to 95.18 against dollar on elevated oil pricesOn Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite incr...
India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...
Rupee weakens for third session as importers step up dollar bids, foreign outflows biteThe Indian rupee declined for three consecutive trading sessions due to increased dollar buying by importers. Elevated oil prices and forei...
Rupee falls 5 paise to 94.98 against US dollar in early tradeIn early trading, the rupee was priced at 94.98 against the US dollar, slipping by 5 paise primarily due to high crude oil rates and ongoin...