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Representative image | Photo Credit: Reuters The rupee slipped 1 paisa to close at 89.23 (provisional) against the U.S. dollar in a range-bound trade on Wednesday (November 26, 2025), as firm domestic equities and a slide in global crude prices offset the impact of a strengthening greenback. Foreign fund outflows and concerns over geopolitical developments…
Read More “Rupee ends almost flat at 89.23 against U.S. dollar” »
Image for representative purposes only | Photo Credit: Reuters The rupee depreciated 16 paise to close at 86.56 (provisional) against the U.S. dollar on Thursday (January 16, 2025), dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. “However, positive domestic equity markets provided some cushion at the lower…
Read More “Rupee declines 16 paise to settle at 86.56 against U.S. dollar” »
Image for representative purposes only | Photo Credit: Reuters The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the U.S. dollar on Tuesday (January 14, 2025) as the American currency retreated from record high. Some recovery in domestic equity markets after the release of macroeconomic numbers also supported…
Read More “Rupee recovers from record low to settle 8 paise higher at 86.62 against U.S. dollar” »
Image for representative purposes only | Photo Credit: Reuters Benchmark indices Sensex and Nifty traded lower in early trade on Wednesday (January 1, 2025), the first session of 2025, as unabated foreign fund outflows continued to dent investor sentiments. Investors also remained cautious ahead of the start of earnings season next week. The 30-share BSE…
Read More “Markets trade lower in first session of 2025 on unabated foreign fund outflows” »
Image for representative purposes only | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty ended lower on Monday (December 9, 2024), dragged down by selling in blue-chip stocks Reliance Industries, Hindustan Unilever, Axis Bank and mixed global trend. After oscillating between highs and lows during the day, the 30-share BSE benchmark Sensex declined 200.66…
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Image used for representational purpose. | Photo Credit: Reuters The rupee rose 2 paise to 83.96 against the U.S. dollar in early trade on Wednesday (September 4, 2024) aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. The dollar index, which gauges the greenback’s strength against a basket…
Read More “Rupee rises 2 paise to 83.96 against U.S. dollar” »
Gold price plunged ₹350 to ₹60,150 per 10 grams in the national capital on Monday amid weak cues in international markets, according to HDFC Securities. The precious metal had closed at ₹60,500 per 10 grams in the previous trade. Silver also declined ₹300 to ₹74,000 per kg. In the global markets, both gold and silver…
A policy brief argued for a rational trade policy to contain food inflation which takes into account both consumers and producers. | Photo Credit: TRAVELLINGLIGHT A policy brief issued by the Indian Council for Research on International Economic Relations said that the recent steps taken by the government to curb inflation, such as wheat and…
Read More “Export bans and stocking limits: are they working? | Data” »
Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Tuesday on gains in market heavyweights ITC, Reliance Industries and Infosys amid a bearish trend in global equities. Besides, robust domestic macroeconomic data added to the positive momentum, traders said. The BSE benchmark index climbed 152.12 points or 0.23% to settle…
Read More “Markets log gains for 3rd day on buying in Reliance, Infosys” »