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SAJAL GUPTA
Indian rupee also gains big against the US dollarIn a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...- Mayday: Rupee breaches 96 wall, pulls back after RBI interventionThe Indian rupee faces historic challenges, having plummeted to unprecedented levels against the US dollar. The surge in crude oil prices i...
- RBI’s oil forex window set to fuel rupee recoveryThe Reserve Bank of India has opened a special foreign exchange window to supply dollars to state-run refiners, easing pressure on the rupe...
- Banks rush to exit overseas forex bets ahead of RBI deadlineIndian banks have largely exited their net open foreign exchange positions ahead of a regulatory deadline, reducing aggregate positions fro...
- Rupee logs biggest gain in 12 yearsThe Indian rupee saw a strong surge on Thursday, gaining nearly 1.8% against the dollar. This appreciation followed new regulations by the ...
- RBI's March-end rupee support faces test from war and oil surge this yearHistorically, the rupee strengthens by March 31 due to RBI intervention, benefiting corporate balance sheets. However, this year, elevated ...
- At 92.43/$, rupee almost makes a new all-time lowThe Indian rupee neared its all-time low at 92.43/$ on Monday, with the Reserve Bank of India intervening to defend the currency. Despite r...
- Ecommerce giants Amazon, Flipkart record Rs 11,621 crore in combined ad revenue in FY24This marks an impressive 33% increase from the previous fiscal year’s Rs 8,705 crore, according to regulatory filings by both companies. Ex...
- Twitter India's FY24 net tanks 90% amid falling ad revenueTwitter Communications India, now X Corp, saw a 90% decline in net profit and revenue last financial year. This was after Elon Musk's takeo...
- 56 bhog prasad reaches Ayodhya, to be offered to Ram Lalla 'first' after Pran PratishthaA devotee from Lucknow on Friday handed over '56 bhog prasad' that would be offered to Ram Lalla 'first' after the Pran Pratishtha ceremony...
- Rupee falls to record closing ahead of U.S. Fed outcomeThe currency held in a tight range of 83.3850 and 83.4050 through the session as the central bank likely intervened to prevent the rupee fr...
- Rupee closes slightly higher, dollar demand from importers caps gainThe local unit fell to its lifetime low of 83.2950 on Wednesday but recovered to open at 83.2250 on Thursday as U.S. Treasury yields fell a...
- Rupee ends weaker but fresh record low not in sightGlobal pressures all point to depreciation but "83.30 is likely to stay protected," said Sajal Gupta, head of forex and commodities at Nuva...
- Rupee ends at record closing low despite cenbank interventionHowever, it is unlikely to breach that mark in the near term, according to Sajal Gupta, head of foreign exchange and rates at Edelweiss Fin...
- Rupee snaps 4-day losing streak, but upside seen limitedBiswas expects the rupee to be range bound between 82.40 to 82.85 over the next few days, with the tone of the Reserve Bank of India's (RBI...
- Rupee to slip on expensive crude oil, FII funds' outflow"Rising crude and trade deficit has been keeping the currency under pressure and even FPI outflows have been a constant pressure on the rup...
- RBI intervention needs to be stronger on rupee: Sajal Gupta, Edelweiss SecuritiesAs of now, exporters don’t want to sell because they feel that rupee can go to 72-73
- Don’t expect RBI to hike rates before Q4 of calender year 2018: Sajal Gupta, Edelweiss“In case US yields climb up over 2.85% or 2.90%, pressure on domestic yields would be seen”
- What led rupee's single biggest fall since July 3“The rupee has weakened sharply following the escalation of geo-political tensions,” said Sajal Gupta, head of forex and rates at Edelweiss...
- Aricent to provide solutions for Android platformCommunications software company Aricent today announced the launch of its specialised services for the Android platform with a view to help...
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