NEW DELHI: Asked to comment on the rupee breaching the 90 mark against the US dollar for the first time, Congress MP Priyanka Gandhi Vadra on Thursday recalled Prime Minister Narendra Modi’s 2013 jibe ...
By Jaspreet Kalra MUMBAI, July 8 (Reuters) - The Indian rupee traded slightly weaker on Wednesday as renewed hostilities in ...
USD vs INR: The Indian rupee weakened to a record low against the US dollar on Thursday. The domestic currency slipped 14 paise to 95.85 per dollar in early trade, compared to its previous close.
The surge in oil prices during the West Asia conflict pushed the Indian rupee to historic lows, but the subsequent fall in ...
The graph of the Indian rupee has been snaking sharply downward. The rupee-to-dollar exchange rate, or the rupees needed to purchase a U.S. dollar, crossed 96 in May this year. That rate was around 85 ...
As the Iran war drives oil prices higher and foreign investors pull billions from Indian equities, New Delhi is moving to scrap taxes on overseas investments in government bonds. Here’s why India sees ...
The falling rupee is quietly raising everyday costs, shrinking global purchasing power, and exposing India’s economic vulnerabilities worldwide.
A depreciating rupee leads to costlier imports. Crude oil is one of India’s biggest imports. Costlier crude oil imports make transportation of goods and people more expensive, thereby increasing ...
Brent crude, which had surged from roughly USD 80 per barrel before the US-Israel strikes on Iran in late February to above USD 115 at its peak, tumbled nearly 5 percent to around USD 83 per barrel ...
Economists seem conflicted over the impact the sharp fall the rupee is going to have over the future prospects of India’s textile companies. Most textile outfits have reported a marked increase in ...