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LOCAL RUPEE BILLING
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...- RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
- Rupee closes at 95 against dollar on its best day since April 2The rupee strengthened significantly on Friday, closing at 95.00 to the dollar, its best performance since April 2. This rise was attribute...
- Rising prices may hit festive smartphone demand, dent annual sales by up to 30%: ReportSmartphone prices are rising in India. This could cause many buyers to delay purchases or buy used phones. Annual sales might drop signific...
- Rising prices may hit 54 pc of festive smartphone demand, denting annual sales by up to 30 pcIndian consumers may delay buying new smartphones or opt for used devices if prices continue rising. This trend could significantly impact ...
- ‘Investment climate not in great shape’: Former PM Modi advisor urges FDI reforms as outflows surge in FY26Former advisor Surjit Bhalla calls for major changes to India's foreign investment rules. He warns that strict policies and unclear regulat...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- That sinking feeling: Rupee@100 is a mental fear, not macro nightmareThe rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of...
- Citi sees India IPOs hitting fresh records despite challengesIndian initial public offerings are poised for a strong comeback in the latter half of the year. Citigroup anticipates deal volumes to meet...
- Global funds ready for further Rupee weakness with 100 in sightGlobal investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- Citi sees India tightening currency controls to halt Rupee slumpIndia may introduce more measures in the coming months to support the rupee and boost foreign reserves, including possible curbs on oversea...
- The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
- Go for making products usually imported: Piyush GoyalIndian manufacturers are being urged to identify goods that can be produced locally, aiming to reduce reliance on imports. Minister Piyush ...
- India moves to buffer economy against Iran war falloutIndia is taking urgent steps to protect its economy. Fuel prices have risen. Gold imports are restricted. Local government staff in Delhi a...
- Petrol, Diesel Price Today: Check fuel rates in Delhi, Mumbai, Kolkata as sugar exports halted, milk gets costlier and gold import duty doubledPetrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crude oil costs and West Asian conflic...
- Explainer: Why India's higher tariffs are unlikely to dent gold, silver demandIndia has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....
- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- Rajnath Singh to chair meeting of Informal Group of Ministers over West Asia conflict at 10:30 amDefence Minister Rajnath Singh chairs a meeting on the West Asia situation. Prime Minister Narendra Modi calls for collective economic resi...
- Karti Chidambaram questions 'PMO directives', demands Parliament session over PM Modi's '7 Appeals'Congress leader Karti P Chidambaram has urged the government to convene Parliament. He wants a briefing on Prime Minister Narendra Modi's s...
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