Stay updated with the latest rupee news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on rupee topics.
New Delhi, April 1 (Reuters): Indian fuel retailers raised jet fuel and commercial liquefied petroleum gas (LPG) prices on Wednesday, following a sharp spike in global prices due to the U.S.-Israeli war on Iran. India, the world's second-largest LPG importer, is battling its worst gas crisis in decades, with the government cutting supplies for industries to shield households from cooking gas shortages. Domestic fuel retailers have raised prices of aviation turbine fuel by 8.6% to 104,927 rupee ...Read More >
Hyderabad: In a major food safety crackdown, the Hyderabad Commissioner's Task Force Golconda Zone Team along with Mehdipatnam police raided an ice cream parlour and found ice candy and lassi being prepared in unhygienic conditions. Police arrested the owner and seized ice candies, lassi, and other materials worth Rs 5.44 lakh. The raid was conducted at Aliya Ice Cream Parlour situated at Ahmed Nagar, First Lancer. Police arrested Syed Musharafuddin, aged 24, who was manufacturing and supplying ...Read More >
ATF Prices in India: The Union Government has announced that the hike on aviation turbine fuel (ATF), or jet fuel, would not be as big as initially reported on media. Previously, it was suggested that the ATF prices would be increased by more than a double to more than Rs. 2 lakh per kilolitre due to the ongoing Middle East crisis. A clarification has been issued by Indian Oil that the ATF prices have been increased by approximately 8.5 percent and not 115 percent as indicated previously. Prese ...Read More >
NEW DELHI - Indian fuel retailers raised jet fuel and commercial liquefied petroleum gas (LPG) prices on April 1, following a sharp spike in global prices due to the Iran war. India, the world's second-largest LPG importer, is battling its worst gas crisis in decades, with the government cutting supplies for industries to shield households from shortage of cooking gas. Domestic fuel retailers have hiked prices of aviation turbine fuel by 8.58 per cent to 104,927 rupees (S$1,430) per kilolitre ...Read More >
Mumbai: The rupee was the worst performer in Asia against the US dollar in FY26, shows an ET analysis of 10 rival currencies, after the local unit lost 9.88% through a year marked by record exits from Indian equities by overseas investors amid a global scramble for dollar-based assets. Opening the financial year at 85.59 per dollar, the rupee ended at 94.83. Yen Second Worst-performing This is after the local currency touched a record low of 95.22/$ amid consistent dollar demand throughout the ...Read More >
Lucknow: UP agriculture minister Surya Pratap Shahi said on Tuesday that procurement of gram, lentil and mustard will be carried out from Apr 7 to Jun 30. During this period, the goal will be to directly benefit farmers through a transparent digital system, DBT payments and an extensive procurement network, he said.He said that state govt is continuously working to increase farmers' income, ensure fair prices for crops and strengthen agricultural sector. He added that procurement of pulses and o ...Read More >
MUMBAI: The rupee, which has been bleeding since October 2024, ended FY26 on a bloody note, losing 9.5% at 94.83 after breaching the 95-mark on the last trading day of the year, making it the sharpest fall against the greenback in as many as 14 years and becoming the worst Asian currency for the second year on the trot. Last financial year also, the rupee was the worst Asian currency, losing nearly over 2.5% and the third worst in the world after the Turkish lira and the Argentinian peso, which ...Read More >
New Delhi: Get ready to pay more for new cars. Come Wednesday, prices of some brands will go up as concerns around supply chain and expensive input costs will see companies raise retail prices. Those looking to immediately raise retail prices include mainstream brands such as Tata Motors and JSW MG, while the luxury brigade of BMW, Audi and Mercedes-Benz will also increase prices, especially as they also factor in the impact of rupee depreciation against the Euro. It is yet not clear whether top ...Read More >
NEW DELHI: India's foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday. The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of reserves, providing room and time to intervene in the market to prop up the rupee if it is so desirable. The research firm, however, f ...Read More >
New Delhi, March 31 (SocialNews.XYZ) With the FY26 fiscal set to end on Tuesday, investors are gearing up for several reforms, including revised Securities Transaction Tax (STT) rules that will come into effect from April 1. Many brokers, traders and demat account holders are concerned about the sharp increase in STT on futures and options (F&O) trades, following revisions announced by Finance Minister Nirmala Sitharaman in the Union Budget FY26-27. She had also proposed a significant increase ...Read More >
Bengaluru (Karnataka) [India], March 31 (ANI): Congress MP Randeep Singh Surjewala on Tuesday slammed the Centre after the rupee crossed the 95-mark against one USD, saying the prestige of the Prime Minister is sliding along with the value of the currency. Speaking to reporters in Bengaluru, Surjewala recalled PM Narendra Modi's critique of the then PM Manmohan Singh over the depreciating value of the rupee. "When one USD was equal to Rs 54, the then Gujarat CM Narendra Modi used to tell the t ...Read More >
LUCKNOW: Samajwadi Party president Akhilesh Yadav on Monday said there is a fierce competition between the rupee and the BJP's image to fall lower. The leader of the third-largest party in the Lok Sabha also said that as cases of alleged corruption and misconduct involving BJP leaders and their associates continue to come to light, the party's image is worsening. Yadav's attack came a day after the rupee breached the 95 USD-mark in intra-day trade before regaining some lost ground to settle at ...Read More >
Lucknow, Mar 31 (PTI) Samajwadi Party president Akhilesh Yadav on Monday said there is a fierce competition between the rupee and the BJP's image to fall lower. The leader of the third-largest party in the Lok Sabha also said that as cases of alleged corruption and misconduct involving BJP leaders and their associates continue to come to light, the party's image is worsening. Yadav's attack came a day after the rupee breached the 95 USD-mark in intra-day trade before regaining some lost ground ...Read More >
Mumbai (Maharashtra) [India], March 31 (ANI): The Indian rupee is expected to remain volatile in the near term and may stabilise in the range of Rs 92.50 to Rs 93.50 against the US dollar, amid continued pressure from rising crude oil prices and sustained foreign investor outflows says experts. The rupee recently hit an all-time low of 95.23 on Monday, reflecting sharp volatility in both onshore and offshore currency markets. The weakness in the domestic currency comes as Brent crude prices rem ...Read More >
Nirmala Sitharaman says rupee is "absolutely fine" even as it crosses 95 per dollar, citing strong economic fundamentals and resilience versus peers. Finance Minister Nirmala Sitharaman on Monday said the country's economic fundamentals remain robust, asserting that the rupee is performing "absolutely fine" compared with other emerging market currencies against the dollar. Addressing a supplementary question in the Lok Sabha on the recent weakening of the rupee, Sitharaman highlighted the stre ...Read More >
Mumbai: The rupee on Monday slumped to breach the psychologically crucial barrier of 95/$, upending market expectations of a stronger year-end showing, as it finished FY26 by retreating the most in 14 years - nearly 11%. The last month, coinciding with the Iran war, was particularly brutal and accounted for a 4% decline. The currency, which touched an all-time low of 95.21/$, had briefly advanced to 93.59/$ in the early hours, its strongest level on Monday. The trading amplitude for the unit wa ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is "doing fine" when compared with the relative performance of other emerging market currencies against the dollar and that India's economic fundamentals remain strong amid the West Asia war. "India's economy is strong, our fiscal situation is strong, and the entire world is praising our fiscal deficit management. Our foreign exchange reserves remain solid," Sitharaman said in response to a supplementary question raised by ...Read More >
New Delhi: The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research report by SBI on Monday. The rupee breached the 95/USD-mark in intra-day trade on Monday and settled 7 paise higher at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. The research report from the State Bank of India's economic research department said I ...Read More >
New Delhi, Mar 30 (PTI) The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research report by SBI on Monday. The rupee breached the 95/USD-mark in intra-day trade on Monday and settled 7 paise higher at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. The research report from the State Bank of India's economic research depa ...Read More >
Mumbai, Mar 30 (PTI) The rupee breached the 95/USD-mark in intra-day trade on Monday before regaining some lost ground to settle at 94.70 against the US dollar, up 15 paise, after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. Forex traders said the USD/INR pair witnessed high volatility and swung 165 paise during intra-day trade as the West Asia crisis entered the 31st day keeping energy markets nervous. At the interbank foreign exchange, the rupe ...Read More >
New Delhi, Mar 30 (PTI) Precious metal prices rebounded by about 3 per cent in the national capital on Monday, with silver jumping by Rs 7,000 to Rs 2.37 lakh per kilogram, and gold advanced to Rs 1.51 lakh per 10 grams on the back of fresh buying by jewellers ahead of the wedding season. According to the All India Sarafa Association, the white metal soared Rs 7,000, or 3.04 per cent, to Rs 2,37,000 per kg (inclusive of all taxes) from Friday's closing level of Rs 2,30,000 per kg. Gold of 99.9 ...Read More >
Mumbai, India: India's rupee fell to a record low of more than 95 to the dollar on Monday, before recovering, despite recent efforts by the central bank to stem its fall. The rupee was among Asia's worst forex performers in 2025, and its underperformance has continued well into this year, hitting new lows on a regular basis. Experts say the Middle East war has piled more pressure on the currency, as overseas investors offload Indian shares, and as concerns grow over India's rising energy impor ...Read More >
New Delhi [India], March 29 (ANI): India could face pressure on remittances, the rupee and fiscal finances as the ongoing conflict in West Asia disrupts economic flows with the Gulf region, according to a report by SBI Funds Management. The report titled "2026 Middle East Conflict and Its Implications" highlighted that apart from higher crude prices, India's external sector and fiscal balances could come under strain through multiple channels. One key risk is a slowdown in remittances from the ...Read More >
Mumbai, Mar 30 (PTI) The rupee on Monday breached the 95/USD-mark in intra-day trade on Monday and settled at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. Forex traders said the USD/INR pair witnessed high volatility and swung 165 paise during intra-day trade as the West Asia crisis entered the 31st day keeping energy markets nervous. At the interbank foreign exchange, the rupee opened at 93 ...Read More >
NEW DELHI, March 12 (Reuters) - India's retail inflation rose to 3.21% year-over-year in February, driven by higher prices of food, personal care products and precious metals, government data showed on Thursday. The key price gauge stayed below the Reserve Bank of India's target of 4% and within its tolerance band of 2%-6%, even though soaring oil prices due to the Iran war have raised risks for higher inflation in Asia's fifth-largest economy. A Reuters poll had projected inflation at 3.1%. T ...Read More >
Mumbai, Mar 11 (PTI) The rupee declined 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger greenback as the war in West Asia raged on. FII outflows and weak sentiments in the domestic equity markets further pressured the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 91.92 against the US dollar and traded in the range of 91.85-92.06 before settling a ...Read More >
MUMBAI: The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the US dollar on Monday after US and Israeli attacks on Iran intensified worldwide risk aversion, setting crude oil prices on fire and demand for the American currency soaring. Massive selling in domestic equity markets and withdrawal of foreign funds further dragged the Indian currency down, forex traders said. At the interbank foreign exchange, the rupee opened at 91.23 and touched the intraday low of 91. ...Read More >
Mumbai, Feb 13 (PTI) The rupee depreciated 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by the strengthening of the American currency and a negative trend in domestic equities. Forex traders said a firm dollar limited the upside for emerging-market currencies including the rupee. At the interbank foreign exchange market, the rupee opened at 90.69 against the US dollar, registering a fall of 8 paise over its previous close. On Thursday, the rupee appreciated 17 pa ...Read More >
MUMBAI: After being nearly absent from the forex market for a while to let the rupee find its own feet, the Reserve Bank on Wednesday stepped in forcefully to support the rupee, a day after it breached the 91 mark. This propelled the bleeding-for-long currency to the biggest single-day gain in seven months in a move seen intended to punish those betting on a one-way slide in the currency. The rupee rose as much as 1.03% intra-day -- soon after opening mildly lower than the historic low record y ...Read More >
Odisha: Congress protest over National Herald case leads to scuffle with police Bhubaneswar, Dec 17 (SocialNews.XYZ) Hundreds of Congress party workers on Wednesday engaged in a scuffle with the Odisha Police after they were stopped midway while marching to gherao the state office of the ruling Bharatiya Janata Party (BJP) here. The Congress workers and leaders staged the protest alleging "political harassment" of Congress leaders Sonia Gandhi and Rahul Gandhi in the National Herald case. The ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.