Indian Rupee Value

The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices.

The Congress today attacked the Centre over the depreciating value of the rupee against the dollar and said the only request to Prime Minister Narendra Modi is to stop the rupee from scoring a century.

Congress MP Rahul Gandhi's remarks came as value of rupee fell to Rs 78.83 per US dollar, its weakest ever

Do you know that the highest denomination note ever printed by the RBI was the Rs 10,000 note in 1938.

Currently, Reliance Industries is the only Indian company to hold a double-digit lakh crore market value in rupee terms.

The Indian rupee on Tuesday depreciated by 7 paise to close at 71.01 against the US dollar as foreign fund outflows and a pause in equity market rally weakened forex market sentiment, news agency Press Trust of India (PTI) reported. However, easing crude oil prices and weaker greenback against rival currencies restricted the rupee fall to some exte...

In a floating exchange rate system, the value of a currency is determined by demand and supply. If there are no surprises or shocks to either side, then the currency will remain largely stable, but this is rarely the case.

Manufacturers like Toyota and Mercedes-Benz are reportedly considering increasing car prices in India as the value of the Indian Rupee reaches almost 73 compared to the US dollar. The automakers believe the weakening rupee will be a major concern for the companies, and they might soon have to hike prices in India to dater increasing cost.

Government data for 13 months to May show electronics imports were valued at $57.8 billion, way more than $35.8 billion worth of gold purchases.

Lately, high crude oil prices and geopolitical developments have weakened the Indian rupee which had depreciated to its all-time low during the week.

TCS shares have hugely outperformed the overall market in the past six months as IT stocks came back into favour with investors

To ensure substantial savings for the Indian Railways, Railway Minister Piyush Goyal has suggested implementation of electronic reverse auction or ERA for all high value procurements which will result in a 10 per cent saving in costs and a total saving of up to 20,000 crore rupees in procurement.

TCS shares rose today by 2 per cent to Rs 3476.75, pushing the market capitalisation of India's biggest outsourcer to Rs 6,64,918 crore.

Reliance Communications Ltd.'s lenders have agreed to a seven-month moratorium on the debt obligations of Indian billionaire Anil Ambani's wireless business, which has been battered by investors questioning the company's creditworthiness.

It was difficult for observers to argue at the start of the month, with his term as Indian prime minister approaching the half-way mark, that Narendra Modi had exceeded expectations with policy reforms. Then he took his biggest step yet. With a sudden move against tax evasion and graft, he invalidated more than three-quarters of the value of bankno...

The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices.

The Congress today attacked the Centre over the depreciating value of the rupee against the dollar and said the only request to Prime Minister Narendra Modi is to stop the rupee from scoring a century.

Congress MP Rahul Gandhi's remarks came as value of rupee fell to Rs 78.83 per US dollar, its weakest ever

Do you know that the highest denomination note ever printed by the RBI was the Rs 10,000 note in 1938.

Currently, Reliance Industries is the only Indian company to hold a double-digit lakh crore market value in rupee terms.

The Indian rupee on Tuesday depreciated by 7 paise to close at 71.01 against the US dollar as foreign fund outflows and a pause in equity market rally weakened forex market sentiment, news agency Press Trust of India (PTI) reported. However, easing crude oil prices and weaker greenback against rival currencies restricted the rupee fall to some exte...

In a floating exchange rate system, the value of a currency is determined by demand and supply. If there are no surprises or shocks to either side, then the currency will remain largely stable, but this is rarely the case.

Manufacturers like Toyota and Mercedes-Benz are reportedly considering increasing car prices in India as the value of the Indian Rupee reaches almost 73 compared to the US dollar. The automakers believe the weakening rupee will be a major concern for the companies, and they might soon have to hike prices in India to dater increasing cost.

Government data for 13 months to May show electronics imports were valued at $57.8 billion, way more than $35.8 billion worth of gold purchases.

Lately, high crude oil prices and geopolitical developments have weakened the Indian rupee which had depreciated to its all-time low during the week.

TCS shares have hugely outperformed the overall market in the past six months as IT stocks came back into favour with investors

To ensure substantial savings for the Indian Railways, Railway Minister Piyush Goyal has suggested implementation of electronic reverse auction or ERA for all high value procurements which will result in a 10 per cent saving in costs and a total saving of up to 20,000 crore rupees in procurement.

TCS shares rose today by 2 per cent to Rs 3476.75, pushing the market capitalisation of India's biggest outsourcer to Rs 6,64,918 crore.

Reliance Communications Ltd.'s lenders have agreed to a seven-month moratorium on the debt obligations of Indian billionaire Anil Ambani's wireless business, which has been battered by investors questioning the company's creditworthiness.

It was difficult for observers to argue at the start of the month, with his term as Indian prime minister approaching the half-way mark, that Narendra Modi had exceeded expectations with policy reforms. Then he took his biggest step yet. With a sudden move against tax evasion and graft, he invalidated more than three-quarters of the value of bankno...