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RUPEE RISES
Rupee rises 7 paise to 95.19 against US dollar in early tradeThe rupee appreciated by 7 paise, settling at 95.19 against the US dollar, influenced by a declining dollar. Brent crude's lower trading pr...- Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yieldIndia’s economy is estimated to have grown 7.35% in the September quarter, supported by strong industrial output, GST collections, energy u...
- IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
- India bonds seen attracting buyers as 10-year yield nears 2022 levelsYields on India's battered government bonds may be approaching territory that more investors consider a "buy", with that on the benchmark 1...
- 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...
- Why is market rallying today? Sensex jumps 900 points, Nifty above 22,900. 6 key factors behind Rs 5 lakh crore gainsThe Indian stock market saw a vibrant uptick as both Sensex and Nifty surged over 1.1%, attributed to the Federal Reserve's decision to mai...
- 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...
- Weak returns at home fuel India's overseas retail investing boomIndian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, dom...
- Vedanta Aluminium quarterly profit more than doubles on high prices, record productionVedanta Aluminium reported a significant increase in its quarterly profit, which more than doubled from the previous year. The company's co...
- Weak domestic returns fuel India's overseas retail investing boomIndian investors are turning to global funds as domestic market performance remains weak and opportunities abroad increase. A surge in over...
- 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...
- India’s steel future depends on breaking its costly coal habitIndia plans to significantly increase its steelmaking capacity to support its development goals by 2047. The National Steel Policy proposes...
- 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...
- NDMC proposes hike in parking fees across Lutyens’ Delhi, 100% surcharge on cash paymentsNew Delhi Municipal Council plans to increase parking fees for vehicles in Lutyens' Delhi. Off-street and on-street parking tariffs will se...
- RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay MalhotraReserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank does not target any specific exchange rate or level fo...
- Rupee little changed this week as oil-fueled declines wipe out early gainsThe Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptic...
- Rupee rises for fourth straight day, closes at 95.15The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It reached an intra-day peak of 94.77,...
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