Sliding Rupee
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How Union Budget Impacts Rupee: Can It Stop It From Sliding Further?
With Finance Minister Nirmala Sitharaman set to present the Union Budget 2025 on February 1, the country is closely watching how it will impact the rupee, which has been under pressure in recent months.
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Markets Bounce Back After Four Days Of Slide
The stock market opened higher on Tuesday, with Sensex jumping 449 points to 76,779 in early trade.
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Sensex, Nifty Slide, Rupee Weakens To Record Low Of Rs 86.27
The share market tumbled in early trade today, after an unexpectedly strong US jobs report dampened expectations of early interest rate cuts by the Federal Reserve, while worries over slowing earnings continued to persist.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
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They Don't Have Real Issues: PM Modi On Raj Babbar's Remark On His Mother
Prime Minister Narendra Modi hit out at the Congress today, days after its leader Raj Babbar compared the rupee's slide with the age of his mother, saying those who did not have issues to talk about, resort to abusing someone else's mother.
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BJP Diverting Attention From Fuel Prices, Falling Rupee: Congress
Senior Congress leader Mallikarjun Kharge today accused the Narendra Modi-led government of trying to polarise the society to deflect attention from issues such as the sliding rupee and spike in fuel prices.
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Sensex Falls For Sixth Day In A Row, Nifty Slides Below 10,200
Global stocks slumped today after a key advocate for free trade in the White House resigned.
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Sensex Slides Over 250 Points Amid Weak Asian Markets, Nifty Below 10,400
Global equities went into a tailspin last week after US President Donald Trump unveiled his plans for the controversial levies on metal imports
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Rupee Slides Past 65 Against US Dollar For First Time In 3 Months
t day's low, the rupee slipped to 65.10 against the US dollar, before ending at 65.04.
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Sensex Falls 100 Points, Rupee Slides Past 65 Against US Dollar
The rupee had ended at 64.76 against the US dollar on Wednesday. Broad strength in US dollar and outflows from domestic capital markets have weighed on the rupee.
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Gold Prices Rise To 1-Year High, Rupee Slides To 3-Week Low: 10 Points
Global gold prices have held close to their one-year high levels as geopolitical risks over North Korea remained elevated. Domestic gold prices too have risen to their highest levels this year (year-to-date) around Rs 30,500, tracking higher global prices. Meanwhile, the rupee fell to a three-week low against the US dollar, sliding to 64.26 against...
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'Rupee on Ventilator': Congress Hits Back
As the Sensex plunged 1700 points and the Rupee tumbled very close to 67/Dollar, the Congress hit at the Narendra Modi government, reminding the ruling BJP of its stinging criticism in a similar situation when it was in the opposition.
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FDI: Government relaxes rules for key sectors
The government today relaxed Foreign Direct Investment or FDI guidelines for a range of industries including telecom, single brand retail and oil and gas in a bid to lure capital inflows, prop up the sliding rupee and rev up growth.
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In rupee freefall, middleclass families are the biggest losers
Surabhi Ojha and her mother Vineeta went out shopping to a Bangalore mall. On their shopping list - snow boots and winter clothing. Considering that Surabhi is heading to Canada to study - one might think that shopping would be better done over there. But the family is trying to save everything it can - buying things in rupees will work out much ch...
-
How Union Budget Impacts Rupee: Can It Stop It From Sliding Further?
With Finance Minister Nirmala Sitharaman set to present the Union Budget 2025 on February 1, the country is closely watching how it will impact the rupee, which has been under pressure in recent months.
-
Markets Bounce Back After Four Days Of Slide
The stock market opened higher on Tuesday, with Sensex jumping 449 points to 76,779 in early trade.
-
Sensex, Nifty Slide, Rupee Weakens To Record Low Of Rs 86.27
The share market tumbled in early trade today, after an unexpectedly strong US jobs report dampened expectations of early interest rate cuts by the Federal Reserve, while worries over slowing earnings continued to persist.
-
RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
-
They Don't Have Real Issues: PM Modi On Raj Babbar's Remark On His Mother
Prime Minister Narendra Modi hit out at the Congress today, days after its leader Raj Babbar compared the rupee's slide with the age of his mother, saying those who did not have issues to talk about, resort to abusing someone else's mother.
-
BJP Diverting Attention From Fuel Prices, Falling Rupee: Congress
Senior Congress leader Mallikarjun Kharge today accused the Narendra Modi-led government of trying to polarise the society to deflect attention from issues such as the sliding rupee and spike in fuel prices.
-
Sensex Falls For Sixth Day In A Row, Nifty Slides Below 10,200
Global stocks slumped today after a key advocate for free trade in the White House resigned.
-
Sensex Slides Over 250 Points Amid Weak Asian Markets, Nifty Below 10,400
Global equities went into a tailspin last week after US President Donald Trump unveiled his plans for the controversial levies on metal imports
-
Rupee Slides Past 65 Against US Dollar For First Time In 3 Months
t day's low, the rupee slipped to 65.10 against the US dollar, before ending at 65.04.
-
Sensex Falls 100 Points, Rupee Slides Past 65 Against US Dollar
The rupee had ended at 64.76 against the US dollar on Wednesday. Broad strength in US dollar and outflows from domestic capital markets have weighed on the rupee.
-
Gold Prices Rise To 1-Year High, Rupee Slides To 3-Week Low: 10 Points
Global gold prices have held close to their one-year high levels as geopolitical risks over North Korea remained elevated. Domestic gold prices too have risen to their highest levels this year (year-to-date) around Rs 30,500, tracking higher global prices. Meanwhile, the rupee fell to a three-week low against the US dollar, sliding to 64.26 against...
-
'Rupee on Ventilator': Congress Hits Back
As the Sensex plunged 1700 points and the Rupee tumbled very close to 67/Dollar, the Congress hit at the Narendra Modi government, reminding the ruling BJP of its stinging criticism in a similar situation when it was in the opposition.
-
FDI: Government relaxes rules for key sectors
The government today relaxed Foreign Direct Investment or FDI guidelines for a range of industries including telecom, single brand retail and oil and gas in a bid to lure capital inflows, prop up the sliding rupee and rev up growth.
-
In rupee freefall, middleclass families are the biggest losers
Surabhi Ojha and her mother Vineeta went out shopping to a Bangalore mall. On their shopping list - snow boots and winter clothing. Considering that Surabhi is heading to Canada to study - one might think that shopping would be better done over there. But the family is trying to save everything it can - buying things in rupees will work out much ch...
