Stay updated with the latest rupee news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on rupee topics.
India's exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in India's total outbound shipments in November and 2.62% in April-November. New Delhi: Led by engineering goods, chemicals and farm products, India's merchandise exports to the US rose 11.38% on-year in April-November FY26 at $59.04 billion, reflecting strong momentum in India-US trade ties, data release ...Read More >
Belagavi (Karnataka) (PTI): The ruling Congress in Karnataka on Wednesday staged a protest against the Centre's move to replace the existing rural employment law MGNREGA, challenging the BJP to remove the picture of Mahatma Gandhi from currency notes as well. The agitation led by chief minister Siddaramaiah and his deputy D K Shivakumar in front of the Gandhi statue at Suvarna Vidhana Soudha here also protested the alleged "hate politics" against the party leadership in the National Herald case ...Read More >
(Bloomberg) - India's rupee strengthened the most in seven months on Wednesday after the central bank aggressively sold dollars to support the currency. Stocks also gained. The rupee rose as much as 1%, the most since May 23, to 90.0963, after closing at a record low in the previous session. The Reserve Bank of India is intervening through dollar sales in the local market, according to people familiar with the transactions. The move follows the rupee's string of record lows in recent weeks, wh ...Read More >
Equity benchmark indices Sensex and Nifty ended marginally lower on Monday in tandem with a weak trend in global markets and persistent foreign fund outflows. Photograph: Hemanshi Kamnani/Reuters Also, uncertainty over an India-US trade deal weighed on investors' sentiment, analysts said. The 30-share BSE Sensex dipped 54.30 points, or 0.06 per cent, to at 85,213.36. During the day, the benchmark declined 427.34 points, or 0.50 per cent, to 84,840.32. The 50-share NSE Nifty edged lower by 1 ...Read More >
New Delhi [India], December 17 (ANI): Indian stock markets opened on a flat but slightly positive note on Wednesday. At 09:21 a.m., the BSE Sensex stood at 84,743.28, a rise of 63.42 points or 0.07 per cent. At the same time, NSE Nifty50 stood at 25,898.05, showing a gain of 37.95 points or 0.15 per cent. While the market started in green, experts say that a sharp fall in the value of the rupee and continuous selling by investors make the mood cautious.Banking and Market expert Ajay Bagga noted ...Read More >
Mumbai, Dec 17 (PTI) The rupee witnessed high volatility in early trade on Wednesday, as support from easing crude oil prices was offset by uncertainty over the India-US trade deal and persistent foreign fund outflows. Forex traders said the key driver of rupee weakness in December was continued FPI selling across both equity and debt markets, with foreign investors repeatedly selling several billion dollars' worth of Indian assets on a daily basis in the last few months, the selling intensifyi ...Read More >
Soccer. Ibrahimovic praised Messi's son and sparked excitement at Inter Miami Lionel Messi's recent visit to India was framed as a landmark moment for football fans, and in many respects, it lived up to the hype. Over the course of three tightly scheduled days, the Argentine legend traveled across Kolkata, Hyderabad, Mumbai, and Delhi, attracting massive crowds wherever he appeared. For a country where elite football icons are rarely seen in person, Messi's presence alone was enough to spark n ...Read More >
The rupee is expected to weaken further, reaching 92-94 against the dollar by June 2027. Experts believe this is not a cause for alarm given India's strong foreign exchange reserves. Investment commitments from foreign firms and manageable balance of payments support the currency's fundamentals. Challenges stem from speculative aspects and foreign investor sentiment. Mumbai, Axis Bank chief economist Neelkanth Mishra on Tuesday said the rupee is likely to depreciate further, and there is no nee ...Read More >
MADURAI: Stray cattle menace continues to pose challenges to residents across the city, especially in market areas and along the Vaigai Banks Road, despite the city corporation's efforts to intensify enforcement. According to corporation officials, a total of 467 stray cattle were seized across the city between January and November, with the most of 96 seizures in March, followed by 74 in June. September witnessed the lowest number of seizures, six, and January in second last with 16 seizures. ...Read More >
Kolkata: The rupee, already the weakest Asian currency this year in a back-loaded retreat against the US dollar, Tuesday breached the 91 mark for the first time on unabated outflows from local assets by overseas investors. The currency, which Tuesday touched a fresh all-time low of 91.08, has depreciated over 6% this year against the US dollar, the world's reserve currency in which both traded and investable assets are priced across geographies. 'Pace of Decline to Slow' Nearly half of that d ...Read More >
MUMBAI, Dec 16: The rupee hit a record low, breaching 91 against the US dollar, settling at 90.93 on Tuesday, amid widening trade deficits and delays in the India-US trade deal. The currency has fallen about 1% in the past five sessions and 5.1% so far this year. Finance Minister of State Pankaj Chaudhary noted the depreciation may boost export competitiveness but could raise import costs. Analysts expect the rupee could touch 92 without RBI intervention. The decline coincided with FII equity ...Read More >
Lucknow: Samajwadi Party national president Akhilesh Yadav on Sunday launched a sharp attack on the BJP-led govts at the Centre and in states, alleging that the record fall of the rupee against the US dollar has exposed the ruling party's claims about a strong economy.In a statement, the former CM said that the rupee weakening to its lowest-ever level in history clearly showed that all data and assertions repeatedly presented by the BJP govt regarding economic growth were misleading.He said the ...Read More >
Mumbai: India's economy is expected to grow above 7.5 per cent in real terms in FY27, supported by easing fiscal and monetary conditions, low inflation, and ongoing regulatory reforms, according to Axis Bank's India Economic Outlook 2026 report. "With fiscal and monetary headwinds receding, GDP growth has picked up in FY26. In FY27, the pace of fiscal consolidation should slow further (20bps), and lagged effects of monetary easing should become visible, pushing growth to 7.5 per cent (above tre ...Read More >
Mumbai, Dec 16 (PTI) The rupee sank to a fresh record low, breaching the 91-a-dollar mark for the first time on Tuesday, even as the government attributed the currency's slide to the widening trade gap and developments related to the India-US trade deal. During the session, the local unit tanked below 91 and hit its lowest level of 91.14 against the US dollar. However, it recouped some of the losses towards the end of the session, settling at 90.93, down 15 paise from its previous close. The I ...Read More >
Mumbai, Dec 16 (PTI) The rupee descended to a fresh record low, breaching the 91-a-dollar mark for the first time before ending 15 paise weaker at 90.93 against the greenback on Tuesday, even as the government in the Rajya Sabha attributed the sliding currency value to the widening trade gap and developments related to the India-US trade deal. During the session, the local unit lost 36 paise from its previous close to hit its lowest-ever level of 91.14 against the greenback, but strengthened sl ...Read More >
The Anti-Corruption Bureau (ACB) in Ahmedabad successfully apprehended two CID Crime personnel, Police Inspector PK Patel and Armed Police Constable Vipul Desai, for allegedly accepting a Rs 30 lakh bribe. The duo demanded the money from a citizen to drop action in an ongoing case. The entire bribe amount was recovered during the trap. Ahmedabad: The Anti-Corruption Bureau (ACB) on Monday laid a successful trap and caught two CID Crime personnel red-handed for allegedly accepting a bribe of ₹3 ...Read More >
Mumbai, Dec 16 (PTI) The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying. During the session, the local unit lost 36 paise from its previous close against the greenback to hit its lowest-ever level of 91.14, but regained some ground later in the day. Even a weaker greenback and a sharp decline in global crude oil p ...Read More >
NEW DELHI, - India's exports leapt in November in defiance of U.S. President Donald Trump's steep tariffs, providing fresh leverage in ongoing trade talks with Washington and easing pressure on New Delhi to strike a quick deal. Shipments to the United States rose more than 22% in November from a year earlier, outpacing India's overall export growth of more than 19%, which lifted total goods exports to $38.13 billion, government trade data released on Monday showed. Goods exports were the highe ...Read More >
Mumbai, Dec 16 (PTI) The rupee plunged 36 paise to breach the 91-mark against the US dollar for the first time in intra-day trade on Tuesday, weighed down by sustained FII outflows and a lack of clarity on the India-US trade deal. The rupee fell from 90 a dollar to 91 in the last 10 trading sessions. The local unit has slipped 1 per cent against the greenback in the past five sessions alone. At 11.45 am, the local unit was trading at 91.14 against the US dollar, down 36 paise from its previous ...Read More >
New Delhi: For the past few weeks, everyone-from common people to investors-has been asking one question: why has the Indian rupee fallen so sharply? The rupee has slipped close 90 against the US dollar, and because of this sharp fall, the issue was raised in Parliament. The government clearly explained in the Lok Sabha that the rupee's weakness is not sudden and has happened due to several domestic and global reasons. How fast did the rupee slide? The government said that in the third week of ...Read More >
Mumbai: The rupee plunged 9 paise to a record low of 90.87 against the US dollar in early trade on Tuesday, weighed down by sustained FII outflows and no breakthrough in the India-US trade deal. However, a weaker greenback and a decline in global crude oil prices capped further losses in the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened at its all-time low of 90.87 against the US dollar, down 9 paise from its previous close, and traded in a narro ...Read More >
Mumbai: The rupee plunged 9 paise to a record low of 90.87 against the US dollar in early trade on Tuesday, weighed down by sustained FII outflows and no breakthrough in the India-US trade deal. However, a weaker greenback and a decline in global crude oil prices capped further losses in the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened at its all-time low of 90.87 against the US dollar, down 9 paise from its previous close, and traded in a narro ...Read More >
Mumbai (PTI): The rupee plunged 9 paise to a record low of 90.87 against the US dollar in early trade on Tuesday, weighed down by sustained FII outflows and no breakthrough in the India-US trade deal. However, a weaker greenback and a decline in global crude oil prices capped further losses in the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened at its all-time low of 90.87 against the US dollar, down 9 paise from its previous close, and traded in ...Read More >
The Athletic FC ⚽ is The Athletic's daily football (or soccer, if you prefer) newsletter.Sign up to receive it directly to your inbox. Hello! Lionel Messi and a GOAT tour to India. What could possibly go wrong? He's a week on from winning MLS Cup with Inter Miami after three years of trying. His run to the final generated record TV viewing figures. He's headed towards his sixth World Cup, and despite his modesty, there's not a chance that he misses it, unless his body gives out. First stop f ...Read More >
(RTTNews) - Indian shares are seen opening lower on Tuesday, tracking weak cues from global markets in the run-up to the release of key U.S. economic data that could offer clarity on the economic and rate outlook. Meanwhile, media reports suggest that India and Mexico are negotiating a limited preferential trade agreement to address the impact of Mexico's proposed 50 percent tariffs on Indian exports. Mexico is India's third-largest car export destination after South Africa and Saudi Arabia. ...Read More >
Mumbai: The rupee on Monday weakened further to close at a fresh all-time low of 90.74 against the US dollar, after slipping as much as 90.80 during intra-day trade, amid lingering uncertainty over an India-US trade deal and continued foreign fund outflows, according to market participants. At the interbank foreign exchange market, the local currency opened at 90.53 per dollar and remained under pressure through the session as strong dollar demand from importers and risk-averse sentiment dragge ...Read More >
Messi landed in Kolkata at 01:30 local time. Thousands lined the roads and congregated outside his hotel to catch a glimpse of him. The day began with the meet-and-greet ticket holders first up from 09:00 to 10:30. Then the day took a strange twist. A 70ft statue of Messi lifting the World Cup was unveiled by the former Barcelona icon. But he was not present - it was a virtual unveiling. He was on a video screen and pressed a button on a remote control. At this point a blue sheet dropped to ...Read More >
Andhra Pradesh records the highest petrol and diesel prices due to its elevated VAT, while Andaman & Nicobar Islands offer the lowest fuel costs. This disparity arises from varying state VAT rates and freight charges, as highlighted by the Minister of State for Petroleum and Natural Gas. For millions of working Indians, the cost of petrol and diesel decides far more than weekend plans. It determines how expensive the daily office commute is, how much a delivery costs, and how quickly household ...Read More >
Mumbai, Dec 15 (PTI) The rupee on Monday crashed to its lowest-ever level of 90.80 before settling at a new all-time low of 90.78 against the US dollar, registering a loss of 29 paise over its previous close, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows. Forex traders said prevailing risk-averse market sentiment, compounded by strong US dollar demand from importers, further dented investor sentiment. At the interbank foreign exchange, the rupee o ...Read More >
Ranchi, Dec 15 (PTI) Jharkhand minister Irfan Ansari on Monday virtually launched the state's paddy procurement exercise during a programme in Jamtara district. Addressing farmers at the inaugural function, Ansari said the government would procure paddy at Rs 2,450 per quintal and has set a target of purchasing 7 lakh metric tonnes during the current season. "This is not merely a scheme but an initiative to restore the trust of farmers," the food, public distribution and consumer affairs minis ...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.