Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...
Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocksIndia’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage i...
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
Rupee sinks to fresh record low amid dollar outflows and crude surgeThe rupee fell to a new closing low of 96.83 against the dollar as persistent foreign institutional investor outflows, rising crude oil pri...
Rupee slides to record low at 96.18 vs USD as surge in global yields compounds oil price painUSD vs INR: The rupee hit an all-time low of 96.18 against the dollar on Monday, extending its decline due to soaring global bond yields dr...
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Q4 earnings, crude oil, FII action among 8 factors to steer D-Street this weekIndian stock markets are set for a busy week. Key events like Q4 earnings announcements for many companies will influence trading. Foreign ...
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
Rupee closes at 87.20 vs US dollar; likely RBI intervention helped contain lossesThe Indian rupee closed at 87.20/$1, recovering from an intraday low of 87.40/$1 due to RBI intervention. Asian currencies weakened as the ...
Rupee turns volatile on Fed taper plan, rising oil pricesThe rupee lost more than a percentage point Thursday to the dollar, ranking as the worst performing currency among Asian peers.
Rupee hits 6-week low of 73.83 vs dollar, bond yields rise after hawkish Fed signalTraders said the surge in the dollar index to two-month highs following the Fed's comments on possible rate increases and a significantly h...
Rupee slips by 1 paisa to end at 73.32 against dollarThe domestic currency has lost 52 paise in the seven trading sessions to Wednesday.
Rupee slips by 13 paise to end at 72.96 against dollarThe dollar index fell 0.15 per cent to 89.87.
Rupee strengthens by 29 paise to end at 72.83 vs dollarStrength in domestic equities and weakness in the dollar overseas supported the rupee.
Rupee extends gains to 3rd day, ends at 73.05 against dollarThe domestic unit has appreciated by 37 paise in three consecutive trading sessions.
Rupee edges higher to end at 73.22 against dollarThe domestic unit has appreciated by 20 paise in two consecutive trading sessions.