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Rupee sees worst month of 2023 on dollar strength

Markets

31 May, 2023

Rupee sees worst month of 2023 on dollar strength

The Indian rupee ended nearly flat on Wednesday, but logged its worst monthly performance so far in 2023, weighed mainly ......

RBI to launch first pilot of retail digital rupee on 1 December

Finance

29 November, 2022

RBI to launch first pilot of retail digital rupee on 1 December

The Reserve Bank of India (RBI) on Tuesday announced a pilot for retail central bank digital currency (CBDC) on 1 ......

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Why more and more Indian corporates are opting for rupee loans

Finance

02 November, 2022

Why more and more Indian corporates are opting for rupee loans

Corporate borrowers are switching to rupee credit from dollar loans which have turned expensive in the wake of the US ......

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Weak rupee keeps investors on the edge

Finance

30 September, 2022

Weak rupee keeps investors on the edge

The weakening rupee has eroded the value of many startup investments made in dollars, unnerving investment funds waiting to return ......

Rupee hits record low for second session, breaches 81/$ mark

Finance

23 September, 2022

Rupee hits record low for second session, breaches 81/$ mark

The Indian rupee today fell 39 paise to all-time low of 81.18 against US dollar in early trade on the ......

Markets continue to hold 6-week high in early trade

Finance

21 July, 2022

Markets continue to hold 6-week high in early trade

Shares on Thursday hovered near a six-week high, boosted by private lender IndusInd Bank after its quarterly profit surged, while ......

Rupee claws back marginally after breaching 80/$ for first time ever

Finance

19 July, 2022

Rupee claws back marginally after breaching 80/$ for first time ever

The rupee snapped a seven-session falling streak on Tuesday as central bank intervention and gains in domestic shares helped drive ......

Rupee breaches 80/$ for first time ever; Indices muted as street assesses earnings

Finance

19 July, 2022

Rupee breaches 80/$ for first time ever; Indices muted as street assesses earnings

Markets were muted on Tuesday, looking for direction amid the onset of earnings season, while the rupee surpassed the psychological ......

No respite from 'record low' streak for rupee, now near 80/$

Finance

18 July, 2022

No respite from 'record low' streak for rupee, now near 80/$

The rupee pared early gains to close at record low on Monday, as rising crude prices weighed on the currency, ......

Rupee hits fresh record low as dollar continues to soar at 2-decade high

Finance

12 July, 2022

Rupee hits fresh record low as dollar continues to soar at 2-decade high

The rupee hit a fresh historical low of 79.57 against the US dollar today in backdrop of a broad rally ......