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The rupee fell 23 paise to close at 95.96 against the US dollar, pressured by higher crude oil prices, a stronger greenback and heavy domestic equity selling. Rising US bond yields and geopolitical uncertainties also weighed on investor sentiment
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The rupee pared its initial gains to close unchanged at 95.89 against the US dollar on Friday. Support from domestic equities and lower crude prices helped cap losses, while a strong dollar weighed on the Indian currency, forex traders said
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The rupee slipped below 96 against the US dollar in intraday trade before recovering to settle 3 paise lower at 95.94. Likely RBI intervention, softer dollar index and crude prices helped the currency pare initial losses amid global uncertainties
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The rupee fell 7 paise to close at 94.50 against the US dollar as rising crude oil prices and global headwinds offset support from strong FCNR inflows. Weak domestic equities also weighed on sentiment, while forex reserves climbed to a record high
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The rupee gained 6 paise to settle at 95.39 against the US dollar on Friday, supported by lower global crude prices and RBI intervention. However, a stronger dollar and foreign investor outflows kept the domestic currency under pressure
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The rupee depreciated 16 paise to close at 95.24 against the US dollar on Thursday, weighed down by a firmer dollar index and foreign fund outflows. Lower crude oil prices limited losses, while domestic equity markets ended higher
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The rupee fell 25 paise to 93.16 against the United States dollar amid West Asia tensions and rising crude concerns. Disruptions near the Strait of Hormuz increased dollar demand, keeping the local currency under pressure despite earlier gains
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The Indian women’s hockey team has been placed in Pool D alongside England, China and South Africa for the FIH Hockey World Cup 2026, with Chief Coach Sjoerd Marijne expressing confidence in the team’s preparation and consistency ahead of the tournament.
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The Indian rupee fell 39 paise to a record low of 90.33 against the US dollar on Thursday, amid delays in the India-US trade deal. Risk-averse markets and sustained foreign fund outflows pressured the local currency
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Chief Economic Advisor V Anantha Nageswaran said the government is unconcerned about the rupee’s fall, noting it has not affected inflation or exports. Analysts say the currency may stabilise once the India-US trade deal is finalised
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Cyberabad Cybercrime officials solved three fraud cases reported between November 6 and 11, arresting four suspects involved in online trading and smishing scams. A private employee lost Rs 21.9 lakh after being lured through a fake Forex app promoted on Telegram
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The Enforcement Directorate has booked several Full Fledged Money Changers in Hyderabad for operating without valid RBI licences. Despite surrendering their licences earlier this year, some firms continued illegal forex operations using forged documents.
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Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18 per cent.
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India's gold reserves reached $65.76 billion as of October 4, up from $21.15 billion on December 7, 2018, according to RBI data. Since Shaktikanta Das took office as RBI Governor in December 2018, foreign exchange reserves have also surged by 78%, rising to $701.18 billion as of October 4, compared to $393.74 billion in December 2018.
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The domestic unit opened at 83.39 against the greenback at the interbank foreign exchange, slipping further to 83.43, marking a 5 paise loss from its previous close.
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The central bank's weekly statistical data revealed a decline of USD 2.653 billion in India's foreign currency assets (FCA), the largest segment of the forex reserves, bringing the total to USD 545.855 billion by the end of the week.
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China's leading real estate firms have reported nearly USD 3 billion in foreign exchange losses for the first half of this year
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Elaborating on the recently issued proposals to tackle the menace of financial influencers, the official said Sebi is acting keeping the future in mind and its intent is only to get into a situation if a regulated entity comes into the picture.
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Due to foreign debt payments, the central bank said its reserves fell $592 million to $3,086.2 million during the week ended January 27
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Hyderabad: Hyderabad-headquartered Dr Reddy’s Laboratories (DRL) said its consolidated profit after tax (PAT) for the July-September quarter was up 12 per cent at Rs 1,112.8 crore as against Rs 992 crore in the same quarter a year ago. Its revenues during the quarter were up nine per cent to Rs 6,305.7 crore compared to Rs […]