Thursday, May 19, 2022
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Rupee

Rupee Falls 30 Paise To 77.55 Against US Dollar In Early Trade

Rupee Falls 30 Paise To 77.55 Against US Dollar In Early Trade

Besides, persistent foreign fund outflows and elevated crude oil prices impacted the domestic unit, forex traders said.

12 May 2022
How A Depreciating Rupee Impacts Finances In Terms Of Investing And Studying Abroad

How A Depreciating Rupee Impacts Finances In Terms Of Investing And Studying Abroad

As the rupee falls against the dollar, there are definite impact to be seen on investments and overseas education. Here’s how to go about both

12 May 2022

The Falling Value of Rupee: Exports Hold Key To India’s Trillion-Dollar Economy Dreams

Increased foreign direct investment, increased use of indigenous goods, higher exports, and lower imports hold the key to India becoming a $5 trillion economy

From Import Bills To Inflation, A Plunging Rupee Spells Doom For Indian Economy

From Import Bills To Inflation, A Plunging Rupee Spells Doom For Indian Economy

While cheers are emanating from India’s export camp, which earns in dollars, it is a rather gloomy sight for the importers and, in turn, the households 

11 May 2022

Rupee Slumps 52 Paise To All-time Low Of 77.42 Against US Dollar In Early Trade

At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then lost ground to quote at 77.42, registering a fall of 52 paise...

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01 April 2022
Forex Reserves Down By $2.03 Billion To $617.64 Billion

Forex Reserves Down By $2.03 Billion To $617.64 Billion

In the week ended March 18, the forex kitty had declined by $2.597 billion to $619.678 billion. It had plunged by $9.646 billion to $622.275 billion in the...


18 March 2022
Forex Reserves Decline $9.65 Billion To $622.27 Billion

Forex Reserves Decline $9.65 Billion To $622.27 Billion

In the previous week ended March 4, the reserves rose $394 million to $631.92 billion


18 March 2022
India’s Willingness To Buy Crude Oil From Russia Shouldn’t Be Politicised: Sources

India’s Willingness To Buy Crude Oil From Russia Shouldn’t Be Politicised: Sources

Russia has offered discounted crude oil in the wake of the Western sanctions on it following its military aggression against Ukraine.


17 March 2022
Ukraine War: Why Rupee Is Depreciating While BRICS Currencies Hold

Ukraine War: Why Rupee Is Depreciating While BRICS Currencies Hold

The Indian currency crossed Rs 76 per dollar mark on March 16, compared to Rs 74.5 per dollar before February 24, when Russia invaded Ukraine.


10 March 2022
Gold price falls Rs 992 to Rs 52,635 per 10 grams; Silver Tanks Rs 1,949

Gold price falls Rs 992 to Rs 52,635 per 10 grams; Silver Tanks Rs 1,949

Silver also tanked Rs 1,949 to Rs 69,458 per kg, from Rs 71,407 per kg in the previous trade


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10 March 2022
Rupee Rises 42 Paise To 76.20 Against US Dollar In Early Trade

Rupee Rises 42 Paise To 76.20 Against US Dollar In Early Trade

At the interbank foreign exchange, the rupee opened at 76.27 against the US dollar, then gained momentum and touched 76.20, registering a gain of 42 paise from...


07 March 2022
Rupee Falls To All-Time Low vs Dollar: How It Will Impact Indian Economy

Rupee Falls To All-Time Low vs Dollar: How It Will Impact Indian Economy

Global oil prices soared past $120 per barrel amid the US and European nations mulling a ban on Russian energy imports


07 March 2022
Gold Jumps Rs 1,298, Silver Zooms Rs 1,910 On Global Trends

Gold Jumps Rs 1,298, Silver Zooms Rs 1,910 On Global Trends

The yellow metal had in the previous trade finished at Rs 52,486 per 10 grams. Silver also jumped Rs 1,910 to Rs 70,977 per kg, from Rs 69,067 per kg in the...


07 March 2022
Rupee Hits All-Time Low, Breaches 77 Against US Dollar On Rising Oil Prices

Rupee Hits All-Time Low, Breaches 77 Against US Dollar On Rising Oil Prices

Forex traders said escalating tensions between Russia and Ukraine kept crude oil prices at an elevated level and heightened worries about domestic inflation...


25 February 2022
FDI Equity Inflows Dip 16% During Apr-Dec 2021 To $43.17 Billion: Report

FDI Equity Inflows Dip 16% During Apr-Dec 2021 To $43.17 Billion: Report

The inflows had stood at $51.47 billion during the corresponding period of the previous year


25 February 2022
Bilateral Payments With Russia Unlikely To Be Impacted Amid Sanctions

Bilateral Payments With Russia Unlikely To Be Impacted Amid Sanctions

India and Russia bilateral payments are made in the Indian rupee. For both imports and exports, payments are made or received in the rupee for shipments.


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23 February 2022
Gold Falls Rs 126, Silver Almost Flat

Gold Falls Rs 126, Silver Almost Flat

The yellow metal had closed at Rs 50,086 per 10 grams in the previous trade. Silver was almost flat on Wednesday at Rs 63,939 per kg, compared with the...


22 February 2022
Rupee Falls 31 Paise To Close At 74.86 Against US Dollar Amid Russia-Ukraine Tension

Rupee Falls 31 Paise To Close At 74.86 Against US Dollar Amid Russia-Ukraine Tension

At the interbank foreign exchange, the rupee opened at 74.71 against the American dollar but later dropped to a low of 74.99 against the greenback.


14 February 2022
Investors' Wealth Falls By Over Rs 8.47 Lakh Crore Amid Geopolitical Tensions

Investors' Wealth Falls By Over Rs 8.47 Lakh Crore Amid Geopolitical Tensions

The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday.


14 February 2022
Rupee Falls 22 Paise To Close At 75.58 Against US Dollar

Rupee Falls 22 Paise To Close At 75.58 Against US Dollar

At the interbank foreign exchange, the rupee opened at 75.53 against the American dollar, and later witnessed an intra-day high of 75.37 and a low of 75.64...


14 February 2022
Gold Climbs Rs 478; Silver Surges Rs 932

Gold Climbs Rs 478; Silver Surges Rs 932

In the previous trade, the yellow metal settled at Rs 49,041 per 10 grams. The Indian rupee declined 23 paise to settle at 75.59 against the US dollar on...


11 February 2022
Gold Marginally Up By Rs 22 To Rs 48,669; Silver Declines Rs 626

Gold Marginally Up By Rs 22 To Rs 48,669; Silver Declines Rs 626

Silver, in contrast, declined by Rs 626 to Rs 62,214 per kg from Rs 62,840 per kg in the previous trade. The Indian rupee declined 23 paise to close at 75.38...


10 February 2022
Rupee Slips 10 Paise To Close At 74.94 Against US Dollar Post RBI Policy

Rupee Slips 10 Paise To Close At 74.94 Against US Dollar Post RBI Policy

The rupee declined by 10 paise to close at 74.94 (provisional) against the US dollar on Thursday after the Reserve Bank of India kept key policy rates...


02 February 2022
Rupee Pares Initial Gains To Settle Flat At 74.83 Against Dollar

Rupee Pares Initial Gains To Settle Flat At 74.83 Against Dollar

Forex traders said higher-than-expected borrowing in the next financial year and weak fiscal deficit projections from the government weighed on investor...


02 February 2022
Over 8 Lakh Counterfeit Notes Seized In 2021: MoS Home Affairs In Rajya Sabha

Over 8 Lakh Counterfeit Notes Seized In 2021: MoS Home Affairs In Rajya Sabha

Nityanand Rai, the Minister of State for Home Affairs informed in the Rajya Sabha that around 8.35 Lakh counterfeit notes were seized in 2021.


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