Rupee touches new intra-day low of 84.88 due to rise in crude prices
The Indian rupee depreciated to a new low of Rs 84.88 per dollar on Thursday due to selling in domestic equities and a rise ...
Why Indian IT players will not benefit much from a depreciating rupee this year
Indian IT services industry sees limited benefits from weakening rupee due to changing geographic mix and pricing dynamics.
Rupee depreciates 1.40% so far in 2024, likely to head to 85 against US dollar
According to the Bloomberg data, in comparison to Japanese Yen and South Korea’s Won, Indian rupee seems to have held up well ...
Seven key challenges for the new RBI Governor
Sanjay Malhotra steps into a challenging role with significant expectations, inheriting a legacy that sets a high bar. As the ...
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Nifty IT hits record high: What’s driving the rally in Indian tech stocks
Nifty IT rallied to a record high of 46,002.65 as rupee depreciation, a Nasdaq surge, and hopes of a Federal Reserve rate cut ...
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Vishal Mega Mart’s $943 million India IPO fully subscribed on second day of share sale
Indian budget retailer Vishal Mega Mart's 80-billion-rupee ($943 million) initial public offering (IPO) was fully subscribed on the second day of bidding on Thursday. The issue, which runs ...
Rupee hits record low, RBI intervention counters bearish tilt
The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for ...
Nifty IT Hits Life Time High, Tops 46,000; TCS, Tech Mahindra, Coforge Top Gainers
Nifty IT index reached an all-time high of 46,002.65, with all 10 constituents posting gains; Here's why IT stocks are in ...
Bearish bets maintained on Asian FX as US tariff fears intensify: Reuters poll
Bearish bets on the South Korean won and the Indian rupee soared to a two-year high as investors clung to their short ...
Bangladesh currency drops amid chaos: Here’s the current value of the Indian Rupees in Bangladesh
With the declining value of its currency and a tightening economic situation, Bangladesh is looking to reduce its dependence ...
RBI new Governor Sanjay Malhotra’s first agenda: Rate cut in February?
Sanjay Malhotra takes charge at the Mint Street headquarters of the Reserve Bank of India (RBI) at a time when the country’s ...
Rupee to hover near record low as dollar shrugs heightened Fed rate cut odds
The Indian rupee is likely to open marginally lower and hover close to its all-time low on Thursday, after U.S. inflation ...