The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
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...
Falling rupee triggers curbs on FX positions; more steps likely to attract dollar inflowsThe Indian rupee fell to 95.28 against the US dollar on Tuesday, breaching the 95/$ mark. This decline has led to speculation that the cent...
Rupee sinks to fresh closing low of 95.08 against USD on NDF maturities, firm crudeThe Indian rupee has reached its weakest point ever. This is due to increased demand for dollars and higher oil prices. India's central ban...
Rupee record fall explained: What's weighing the currency and where is it headed?Indian rupee hits low of 95.33 per dollar as surging crude oil prices and foreign outflows intensify economic pressures. Inflation risks, w...
Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushionThe Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait ...
BitDelta India launches institutional-grade VDA infrastructure, targets trust-led growth in crypto marketBitDelta India launched as an FIU-registered VDASP, targeting India’s growing crypto market with institutional-grade infrastructure, strong...
Rupee falls most in a week as traders brace for US-Iran ceasefire expiryThe Indian rupee logged its steepest one-day fall in a week on Monday, with wary investors bracing for the end of the U.S.-Iran ceasefire a...
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...
'Show me the papers', bankers tell cos to guard against any FEMA violations falloutIndian banks are now requiring corporates to provide documentation for dollar forward transactions. This move follows recent currency volat...
IPL: Ruturaj Gaikwad fined Rs 12 lakhs for slow over-rate as CSK beat DCChennai Super Kings captain Ruturaj Gaikwad faces a Rs 12 lakh fine for a slow over-rate. This marks the team's first such offense this sea...
Iran-US war pushes polymer, resin prices up 60%; plastics exporters squeezed despite ceasefireFreight rates jump up to 10x, polymer prices rise 60%, while supply disruptions and supply chain delays strain MSMEs and the sector's expor...
Vedanta, Hindalco just got upgraded by JP Morgan: How Iran war may benefit these 2 metal stocksJPMorgan upgraded Hindalco Industries and Vedanta to overweight, citing higher aluminium prices driven by West Asia tensions. The move boos...
RBI moves to curb rupee volatility after sharp FY26 slideThe Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...
Indian rupee hits record low past 95/USD as relief from RBI's FX curbs proves fleetingThe Indian rupee fell to a record low for the third straight session on Monday, finding only fleeting relief from the central bank's tighte...
Rupee snaps 2-day losing streak, closes up by 10 paise at 74.27/$Rupee ended at 74.27 against the American currency, registering a rise of 10 paise over its previous close. On Tuesday, rupee had settled a...
Rupee slips 3 paise to settle at 73.07 against US dollarIt finally finished at 73.07, lower by 3 paise over its last close.