Rupee Depreciation News

Introduction The Indian economy, like every other, experiences its share of fluctuations. One crucial economic factor that has been subject of significant attention lately is the depreciation of the Indian Rupee against the US Dollar. But, why is the rupee depreciating ...

In the spot market on Friday, gold hit levels of Rs. 35,500 per 10 gm i.e. not excluding 3% GST. In Mumbai, gold priced priced closed at Rs. 35,271 higher by Rs. 789 while on the MCX futures it crossed levels ...

Consumer durable companies are set to hike prices of products across the segment after sluggish sales during the festive season as well as to beat high input cost amid high crude oil price and depreciating rupee. In the festive time, to ...

While market sentiment has improved in the past few weeks, challenges remain, highlighting the importance of prudent macroeconomic policies and continued reforms to set strong foundations for accelerated growth, he said. The current situation offers an opportunity to strengthen the ...

WASHINGTON: The unprecedented slide of rupees poses both challenges and opportunities for India, the International Monetary Fund (IMF) has said."The current situation presents a challenge, obviously, to the government of India, but also an opportunity for the government to continue in ...

New Delhi: Faced with tight liquidity condition, State Bank of India Thursday raised interest rates by up to 1.5 percent on bulk deposits of over Rs 1 crore.The interest rate for bulk deposits for the tenors 7-60 days will be 9 ...