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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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Budget May Increase Import Duties To Check Rupee Decline: EY Chief Policy Adviser
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava.
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Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
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When Manmohan Singh Wrote Cheque For Gains Accruing From Rupee Devaluation
He held an overseas bank account that had his earnings from working abroad. The value of his savings, in rupee terms, went up following the July 1991 decision of the government to devalue the Indian currency.
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Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar
The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets.
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Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows
Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...
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Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar
The Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar on Friday, weighed down by a negative trend in domestic equities and foreign fund outflows.
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Rupee Slips 9 Paise To 82.05 Against US Dollar Amid Geopolitical Worries
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.
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Rupee Spurts 31 Paise To A Month High Against US Dollar On Stocks Rally
The rupee rebounded by 34 paise to close at a month high against the US dollar today amid domestic equity indices surging to record high levels and losses in crude oil prices.
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Rupee Falls 13 Paise To 82.80 Against US Dollar
The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the central bank said it will withdraw the highest value currency note from circulation.
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India Seeks $7.7 Billion Value For IDBI Bank In Stake Sale: Report
India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the government's stake-sale in the lender.
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Only Request To PM Modi Is To Stop Rupee From Scoring Century: Congress
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.
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Rupee Gains Sharply Against The Dollar, Tracking A Fall In Oil Prices
Rupee Today: The rupee strengthened against the dollar as oil prices fell to their lowest level since Russia invaded Ukraine and eased concerns about India's trade deficit and the inflation outlook.
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Rupee Starts On A Weak Note, Hurt By A Re-Energised Dollar On US Rate Hike Risks
Rupee Today: The rupee started on a weak note early on Monday, tracking a re-energised dollar after blockbuster US jobs data pushed expectations for a bigger-sized Federal Reserve rate hikes, hurting global risk assets.
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"Anathema": P Chidamabaram Slams BJP Over Fall Of Rupee Against Dollar
P Chidambaram on Friday noted that the UPA government in 2013 brought back the value of the rupee from 69 to 58 against the US dollar within four months, and said all this was part of recent history which is an "anathema" to the BJP government.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
Budget May Increase Import Duties To Check Rupee Decline: EY Chief Policy Adviser
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava.
-
Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
-
When Manmohan Singh Wrote Cheque For Gains Accruing From Rupee Devaluation
He held an overseas bank account that had his earnings from working abroad. The value of his savings, in rupee terms, went up following the July 1991 decision of the government to devalue the Indian currency.
-
Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar
The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets.
-
Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows
Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...
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Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar
The Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar on Friday, weighed down by a negative trend in domestic equities and foreign fund outflows.
-
Rupee Slips 9 Paise To 82.05 Against US Dollar Amid Geopolitical Worries
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.
-
Rupee Spurts 31 Paise To A Month High Against US Dollar On Stocks Rally
The rupee rebounded by 34 paise to close at a month high against the US dollar today amid domestic equity indices surging to record high levels and losses in crude oil prices.
-
Rupee Falls 13 Paise To 82.80 Against US Dollar
The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the central bank said it will withdraw the highest value currency note from circulation.
-
India Seeks $7.7 Billion Value For IDBI Bank In Stake Sale: Report
India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the government's stake-sale in the lender.
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Only Request To PM Modi Is To Stop Rupee From Scoring Century: Congress
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.
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Rupee Gains Sharply Against The Dollar, Tracking A Fall In Oil Prices
Rupee Today: The rupee strengthened against the dollar as oil prices fell to their lowest level since Russia invaded Ukraine and eased concerns about India's trade deficit and the inflation outlook.
-
Rupee Starts On A Weak Note, Hurt By A Re-Energised Dollar On US Rate Hike Risks
Rupee Today: The rupee started on a weak note early on Monday, tracking a re-energised dollar after blockbuster US jobs data pushed expectations for a bigger-sized Federal Reserve rate hikes, hurting global risk assets.
-
"Anathema": P Chidamabaram Slams BJP Over Fall Of Rupee Against Dollar
P Chidambaram on Friday noted that the UPA government in 2013 brought back the value of the rupee from 69 to 58 against the US dollar within four months, and said all this was part of recent history which is an "anathema" to the BJP government.
