The Street is more concerned about the outlook for discretionary IT demand, budget indicators for 2025, and prospects of ...
The Indian rupee is poised for further depreciation, with Barclays’ Mitul Kotecha projecting the dollar-rupee exchange rate to reach 87 by the end of the year. Speaking to CNBC-TV18, Kotecha noted ...
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...
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Rupee hits record low against US dollar amid FPI outflows and market concerns, with further depreciation anticipated.
News of two cases of the Chinese-origin human metapneumovirus being detected early Monday in India added a new negative to ...
Indian equity markets fell over 1.5% on Monday, driven by global cues, a weak rupee, and fears over the HMPV outbreak.
On the 30-share Sensex platform, Titan, HCL Tech, and Sun Pharma emerged as the only gainers for the day. On the other hand, ...
Benchmark equity indices Sensex and Nifty witnessed a sharp decline of 1.6% on Monday, driven by a broad-based selloff.
Dollar demand from foreign banks, likely on behalf of custodial clients, also weighed on the currency during the session ...
The Indian rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the US dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign ...
The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian ...