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RUPEE DEPRECIATION
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and livingPrime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions fo...
Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...
Tata Steel eyes 9% India sales growth this fiscalTata Steel aims for a nearly 9% increase in Indian steel sales this fiscal year, leveraging expanded capacity at its Kalinganagar facility....
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
Rupee falls 31 paise to close at 95.67 against US dollarThe rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian import...
Rupee slips 29 paise to 95.27, RBI steps in to arrest slideThe Indian rupee weakened by 29 paise to close at 95.27 against the dollar on Tuesday, pressured by foreign investor outflows and high crud...
PSB dollar sales help rupee close flat at 95The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are...
GST collections rise 3.2% to ā¹1.94 lakh crore in May; import-led revenues drive growthIndia's GST collections hit an impressive ā¹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essent...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
Why Indian investors need global exposure todayWith the rupee weakening and structural pressures from oil, capital outflows and inflation differentials persisting, Indian investors face ...
FPIs' outflow nears Rs 33,000 crore in May on weaker rupeeHowever, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with ne...
India may have found a new export tailwindIndia's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally...
Rupee depreciation: What are the implications for commodities and Indian economy?The Indian rupee experienced a sharp decline in 2026, nearing Rs. 97 against the US dollar before a slight recovery. This depreciation, dri...
RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri SubbaraoFormer RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested u...
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...