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The Rupee appreciated sharply by 61 paise to close at 95.92 against the U.S. Dollar on Monday. File | Photo Credit: PTI The rupee appreciated sharply by 61 paise to close at 95.92 (provisional) against the U.S. dollar on Monday (July 27, 2026), driven by a steep correction in crude oil prices after the U.S….
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Representational image only. File Profitability at State-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could limit the sector’s longer-term earnings outlook, according to a JP Morgan report. “Composite margins on petrol and diesel sales at State-run…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee recovered from the record low level and settled with a gain of 11 paise at 88.66 (provisional) against the U.S. dollar on Tuesday (November 4, 2025) boosted by falling crude oil prices overseas. Forex traders said a firm dollar, outflow of foreign…
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