A falling rupee may be perceived as a sign of a weak economy, and it's no solace that all major currencies in the world have lately been under pressure Listen to Story Rupee fell to a record low of 86 ...
For every rupee the government collects, here’s a broad approximation of how it is divided (based on FY 2022-25 Budgets): Taxes: About two-thirds of the government’s income comes from taxes.
The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the ...
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. UBS Group AG is recommending to short ...
UBS Group AG has recommended that investors short the Indian rupee and adopt an underweight stance on Indian stocks. India's $4 trillion economy is entering a "structural slowdown", driven by weak ...
In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-resident Indians for settling current and capital account transactions with ...
Photo Credit: The rupee has seen marked volatility in intraday trading today, moving about 22 paise so far amid the possibility of US President Donald Trump imposing tariffs on China, the decline ...
MUMBAI, Jan 21 (Reuters) - The Indian rupee shed much of its early gains to close largely unchanged on Tuesday as the U.S. dollar recovered after President Donald Trump said he was thinking about ...
MUMBAI, Jan 21 (Reuters) - The Indian rupee is poised to open higher on Tuesday amid swings in the U.S. dollar, spurred largely by the news flow and headlines related to U.S. President Donald ...
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...
The rupee appreciated 5 paise to close at 86.55 (provisional) against the U.S. dollar on Monday (January 20, 2025), as an overnight decline in crude oil prices and the U.S. dollar index supported ...
While the rupee recovered 15 paise during early trading hours of January 20 as the dollar index eased, it has been in a free-fall for the past many weeks, depreciating by as much as 3 percent ...