Tag: rupee
India may have brokered a rupee truce, but hasn’t won peace yet
India has announced a raft of measures to revive global confidence in the sagging rupee. The best thing about the package announced Friday is what’s…
India likely to outpace RBI growth forecasts, says World Bank’s Neelkanth Mishra
New Delhi: India is likely to grow at a faster pace than projected by the Reserve Bank of India (RBI), according to Neelkanth Mishra, India’s…
RBI keeps repo rate unchanged at 5.25%, boosts rupee with new measures
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) unanimously decided to keep the repo rate unchanged at 5.25%, while announcing multiple…
Forex reserves fall $7.5 billion
MUMBAI: India’s foreign exchange reserves fell by $7.5 billion to $681.3 billion in the week ended May 22, as the RBI intervened to protect the…
India considering several measures to stop CAD from widening further, says Piyush Goyal
India is closely tracking external sector trends and evaluating a range of measures to prevent any sharp deterioration in the current account deficit (CAD), Commerce…
As rupee dips, I-T steps up vigil on shady outflows
MUMBAI: Amid the state’s moral suasion to discourage gold purchase and destination wedding, India’s tax authorities are dealing with a slew of shady overseas outflows…
View: Rupee at 100 will be a harsh check on India’s ambitions
Long before the first missiles were fired in the Middle East, the warning signs of a 2013-style capital exodus were visible in the gap between…
RBI’s policy battle amid oil shock, rupee pressure to be complex as many challenges ahead: Report
The Reserve Bank of India‘s (RBI) policy response to the ongoing energy price shock is likely to be challenging due to multiple trade-offs involving inflation,…
India scraps more South American soy oil cargoes as rupee slumps
India, the world’s largest vegetable oil buyer, canceled more soybean oil shipments from South America as the rupee’s slump to a record low widened the…
Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet
New Delhi: The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent…