Tag: rupee

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu.(Reuters)
Posted in Business

Rupee falls to an all-time low as Donald Trump win pressures Asian currencies

Nov 11, 2024 11:24 AM IST The rupee fell to an all-time low of 84.3875 in early trading, going below its previous all-time low of…

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RBI helps rupee outperform peers in month marred by US election anxiety
Posted in Economy

RBI helps rupee outperform peers in month marred by US election anxiety

The Indian rupee was little changed on Thursday, similar to most of this month during which the central bank’s stranglehold on the currency helped it…

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Future of money has to be digital, no escape from that: Shaktikanta Das
Posted in Economy

Future of money has to be digital, no escape from that: Shaktikanta Das

Kolkata: Future of money has to be digital, there is no escape from that, Reserve Bank of India Governor Shaktikanta Das said at the G30…

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India-Africa are exploring rupee trade, to improve commerce: Noel Tata
Posted in Economy

India-Africa are exploring rupee trade, to improve commerce: Noel Tata

New Delhi: Noel Tata, Chairman of the CII Africa Committee and Chairman of TATA International Ltd. emphasized the growing need for innovative financial strategies to…

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Self-sufficiency, stronger currency, fundamentals would help India become $55-trillion economy by 2047: Piyush Goyal
Posted in Economy

Self-sufficiency, stronger currency, fundamentals would help India become $55-trillion economy by 2047: Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday expressed hope that steps such as focus on self-sufficiency, technology, stronger currency and fundamentals would…

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Rupee remains one of the best performers in 2024: Finance Ministry
Posted in Economy

Rupee remains one of the best performers in 2024: Finance Ministry

The government said on Tuesday the rupee remains one of the best performing currencies in 2024, with a much lower depreciation against the dollar than…

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rupee: Digitalisation will help rupee become global: RBI report
Posted in Economy

rupee: Digitalisation will help rupee become global: RBI report

Digitalisation will hasten internationalisation of the rupee, which will result in lowering transaction costs for cross-border trade and investment operations and lower exchange rate risk,…

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The rupee declined to 83.69 to the dollar. (Getty Images/iStockphoto)
Posted in Business

Indian rupee declines to record low after government raises tax on capital gains

Jul 23, 2024 02:30 PM IST The Indian rupee declined to record low after the domestic stock market crashed due to the government raising tax…

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India's forex reserves figures latest
Posted in Business

Forex reserves rise to near two-month high of USD 596.28 billion

PTI | | Posted by Singh Rahul Sunilkumar India’s foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July…

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The basmati rice industry witnessed moderation over the last few years on the back of subdued international demand, partly attributable to the delay in resumption of imports by Iran.(HT File Photo)
Posted in Business

Rupee reserves depleting, Iran struggles to import from India

India faces the possibility of losing one of its largest markets for basmati rice exports, Iran, following the depletion of rupee reserves held by the…

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