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"India's Heart With US": Minister On Staying Out Of China-Led Trade Bloc
At a session with Chinese and US trade ministers, Union Minister Piyush Goyal on Friday said India did not join China-led RCEP as its trade deficit would have widened and New Delhi's "heart" is with Washington, hinting at a trade surplus with the US.
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Rupee Risks Further Decline To 82 Per Dollar In Near Term: Experts
The Indian rupee may further depreciate to 82 to a dollar in the near term due to widening of trade deficit and expected aggressive rate hike by the US Federal Reserve later this week to tame record high inflation, economists said.
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Worst Not Over For Rupee, May Hit 80 Per Dollar Soon: Report
India's rupee will trade near its historic low in three months, battered by widening trade and current account deficits, according to a Reuters poll where nearly one in three analysts expected it to weaken to 80 per dollar by September.
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US Becomes India's Biggest Trading Partner, Surpasses China
In 2021-22, the bilateral trade between the US and India stood at $119.42 billion as against $80.51 billion in 2020-21
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Rupee Extends Losses On A Stronger Dollar And Widening Trade Deficit
The rupee extended its losses on Wednesday as the dollar strengthened after Federal Reserve Governor Lael Brainard said the US central bank needs to act and take inflation head-on.
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Rupee Ends Marginally Lower Against US Dollar
After opening on a positive note, the rupee traded flat for a better part of the session before slipping into a negative territory. It finally settled at 71.74, registering a loss of 3 paise over its previous close. The domestic currency overlooked a host of encouraging factors including positive new on the US-China trade deal front, the government...
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In Phone Call, PM Modi And Trump Discuss Trade Deficit, Afghan Security
US President Donald Trump and Prime Minister Narendra Modi discussed reducing the US trade deficit with India and increasing their cooperation in Afghanistan in a telephone call on Monday, the White House said.
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China Seeks Talks With India To Push Asia Trade Pact: Report
India's imports from China have been rising for a while with the deficit reaching $55.6 billion in 2017 compared to $48.19 billion in 2015.
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US Should Avoid "Strategic Misjudgement," Says China Amid Trade War
China on Sunday urged the US to take more objective view of its pledge to take measures to bring down the bilateral trade deficit and said that the two countries should enhance strategic mutual trust and avoid "strategic mis-judgement".
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Rupee Gets A Lift-Off On Falling Oil Prices, Fund Flows: 10 Points
The rupee gained 24 paise to 72.07 against the US dollar in early trade on Thursday amid falling crude oil prices and fresh foreign fund inflows, reported news agency Press Trust of India (PTI). The rupee, which has been Asia's worst-performing currency so far this year, gained as the dollar weakened against other currencies overseas, traders were ...
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Rupee Appreciates To 72-Level Against Dollar: 10 Things To Know
Indian Rupee Vs Dollar: After opening higher at 72.18 - its strongest level since September 21 - the rupee appreciated further by 67 paise against the US dollar in early trade on Wednesday, reported news agencies Press Trust of India (PTI) and Reuters. Rupee's gains came amid a collapse in crude oil prices which dropped to one-year lows. Besides, t...
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Rupee Loses 23 Paise In Early Trade Against Dollar: 10 Things To Know
The rupee, which opened weaker against the US dollar, further extended its fall to 73.79 on Tuesday. After opening at 73.74, the rupee fell 23 paise in early trade amid persistent foreign fund outflows and weak trading in the domestic stock markets. The American currency's increased demand from importers also weighed on the rupee, dealers were quot...
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India May Be Removed From US Currency Monitoring List Of Trading Partners
US Treasury praises India for being "exemplary" in publishing its foreign exchange market intervention.
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Rupee Weakens By 9 Paise Against US Dollar In Early Trade
Rupee Vs US Dollar: At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to 73.92.
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Rupee Dives To New Lifetime Low Of 72.67 Against US Dollar: 10 Points
The rupee collapsed to hit a new low of 72.67 against the US dollar today, reported news agency Press Trust of India (PTI). The fall in the rupee is due to widening trade deficit and strong demand for the US currency from importers as the greenback strengthened against other currencies overseas on upbeat US jobs data, forex dealers were quoted as s...
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"India's Heart With US": Minister On Staying Out Of China-Led Trade Bloc
At a session with Chinese and US trade ministers, Union Minister Piyush Goyal on Friday said India did not join China-led RCEP as its trade deficit would have widened and New Delhi's "heart" is with Washington, hinting at a trade surplus with the US.
-
Rupee Risks Further Decline To 82 Per Dollar In Near Term: Experts
The Indian rupee may further depreciate to 82 to a dollar in the near term due to widening of trade deficit and expected aggressive rate hike by the US Federal Reserve later this week to tame record high inflation, economists said.
-
Worst Not Over For Rupee, May Hit 80 Per Dollar Soon: Report
India's rupee will trade near its historic low in three months, battered by widening trade and current account deficits, according to a Reuters poll where nearly one in three analysts expected it to weaken to 80 per dollar by September.
-
US Becomes India's Biggest Trading Partner, Surpasses China
In 2021-22, the bilateral trade between the US and India stood at $119.42 billion as against $80.51 billion in 2020-21
-
Rupee Extends Losses On A Stronger Dollar And Widening Trade Deficit
The rupee extended its losses on Wednesday as the dollar strengthened after Federal Reserve Governor Lael Brainard said the US central bank needs to act and take inflation head-on.
-
Rupee Ends Marginally Lower Against US Dollar
After opening on a positive note, the rupee traded flat for a better part of the session before slipping into a negative territory. It finally settled at 71.74, registering a loss of 3 paise over its previous close. The domestic currency overlooked a host of encouraging factors including positive new on the US-China trade deal front, the government...
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In Phone Call, PM Modi And Trump Discuss Trade Deficit, Afghan Security
US President Donald Trump and Prime Minister Narendra Modi discussed reducing the US trade deficit with India and increasing their cooperation in Afghanistan in a telephone call on Monday, the White House said.
-
China Seeks Talks With India To Push Asia Trade Pact: Report
India's imports from China have been rising for a while with the deficit reaching $55.6 billion in 2017 compared to $48.19 billion in 2015.
-
US Should Avoid "Strategic Misjudgement," Says China Amid Trade War
China on Sunday urged the US to take more objective view of its pledge to take measures to bring down the bilateral trade deficit and said that the two countries should enhance strategic mutual trust and avoid "strategic mis-judgement".
-
Rupee Gets A Lift-Off On Falling Oil Prices, Fund Flows: 10 Points
The rupee gained 24 paise to 72.07 against the US dollar in early trade on Thursday amid falling crude oil prices and fresh foreign fund inflows, reported news agency Press Trust of India (PTI). The rupee, which has been Asia's worst-performing currency so far this year, gained as the dollar weakened against other currencies overseas, traders were ...
-
Rupee Appreciates To 72-Level Against Dollar: 10 Things To Know
Indian Rupee Vs Dollar: After opening higher at 72.18 - its strongest level since September 21 - the rupee appreciated further by 67 paise against the US dollar in early trade on Wednesday, reported news agencies Press Trust of India (PTI) and Reuters. Rupee's gains came amid a collapse in crude oil prices which dropped to one-year lows. Besides, t...
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Rupee Loses 23 Paise In Early Trade Against Dollar: 10 Things To Know
The rupee, which opened weaker against the US dollar, further extended its fall to 73.79 on Tuesday. After opening at 73.74, the rupee fell 23 paise in early trade amid persistent foreign fund outflows and weak trading in the domestic stock markets. The American currency's increased demand from importers also weighed on the rupee, dealers were quot...
-
India May Be Removed From US Currency Monitoring List Of Trading Partners
US Treasury praises India for being "exemplary" in publishing its foreign exchange market intervention.
-
Rupee Weakens By 9 Paise Against US Dollar In Early Trade
Rupee Vs US Dollar: At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to 73.92.
-
Rupee Dives To New Lifetime Low Of 72.67 Against US Dollar: 10 Points
The rupee collapsed to hit a new low of 72.67 against the US dollar today, reported news agency Press Trust of India (PTI). The fall in the rupee is due to widening trade deficit and strong demand for the US currency from importers as the greenback strengthened against other currencies overseas on upbeat US jobs data, forex dealers were quoted as s...
