Tag: rupee depreciation
RBI’s likely to raise liquidity to keep ‘short’ rates in check
Mumbai: India’s central bank is likely to boost liquidity ahead of the fiscal year end, economists said, as it seeks to restrain short-term rates from…
Iran-Israel war: Every 10% rise in oil prices could shave 20–25 bps off India’s GDP growth, says HDFC Bank
Rising tensions in West Asia and the resulting volatility in oil prices could weigh on India’s economic outlook, with higher crude costs potentially slowing growth,…
Rupee at 92/$: Imports, overseas education, travel hurt; exporters gain
New Delhi: The rupee hitting a historic low of 92 against the US dollar on January 23 is likely to make imports ranging from crude…
India’s growth miracle in danger? Former CEA warns of tariffs, Chinese imports, and fiscal risks
India’s economy may not be on a clear path to recovery, and mounting external and domestic pressures could temper growth, according to former Chief Economic…
Economy growing at robust pace, banking sector remains sound: RBI report
Mumbai, The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said…
Rupee will depreciate further, no need to panic or worry: Axis Bank chief economist
Mumbai, Axis Bank chief economist Neelkanth Mishra on Tuesday said the rupee is likely to depreciate further, and there is no need to panic over…
India’s import bill is likely to rise. Courtesy love for gold & gadgets amid rupee pain
India’s import bill is rising sharply once more, driven by a combination of a weakening rupee, elevated global prices for gold and crude oil, and…
Rupee may slip beyond 90 if US trade deal not sealed: Experts
New Delhi: The recent depreciation in the rupee, driven by a widening trade deficit and weak investment inflows, is expected to persist, with economists cautioning…
Customs overhaul to be focus in next set of reforms: Finance Minister Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Saturday exuded confidence that the economy will expand at 7% or more in the current fiscal year, sustaining…
RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra
Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and…