Author: Administrator_India
In Early trade saw 4 paise decline in rupee against the US dollar, tying up with quiet markets
In early trade on Wednesday, the rupee fell 4 pence to 78.17 against the US dollar, after a flat domestic share market and a strong US currency. However, lower oil prices on the global market strength... Read More
As crude oil prices fall, the rupee climbs 12 paise to 77.93 against the dollar
In early trade on Monday, the rupee rose by 12 paise to 77.93 versus the US dollar, owing to lower crude oil prices. However, currency dealers claimed that unrelenting foreign money outflows, a lacklu... Read More
Adani’s planned wind project has sparked a protest in Sri Lanka’s capital
On Thursday, a protest was staged in the Sri Lankan capital against the proposed windmill project in the northeastern district of Mannar, which is being developed by India’s Adani business. The ... Read More
Oil prices are falling as a result of Beijing’s Covid warning and global inflation fears
On Monday, oil prices fell more than $2 as a flare-up in COVID-19 cases in Beijing dampened prospects for a quick increase in China’s fuel demand, while concerns about global inflation and econo... Read More
The rupee falls to an all-time low of 77.74 per dollar
The rupee fell to a new all-time low against the US dollar on Wednesday, ending at 77.74, slightly lower than its previous close of 77.71. Despite continued foreign capital outflows and higher global ... Read More
RBI boosts repo rate to 4.9 percent, predicting higher inflation over the next three quarters.
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on Wednesday to raise the benchmark policy rate by 50 basis points, bringing the repo rate to 4.90... Read More
Dollar continues 20-year high vs yen amid inflation fears; Aussie falls
The dollar extended its overnight run into Asian trading hours on Tuesday, reaching new two-decade highs against the yen as concerns over continuing inflation drove up US bond rates. The dollar gained... Read More
In Prague, Jaishankar meets Indians and discusses the state of bilateral relations
External Affairs Minister S Jaishankar met with members of the Indian community here on Sunday and briefed them on recent events in India as well as the health of the bilateral relationship. Jaishanka... Read More