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Depreciation News

Rupee Hits All-Time Low Of 83.36 Against US Dollar Amid Global Market Fluctuations

In a morning session marked by volatility, the Indian rupee depreciated 2 paise, hitting an all-time low of 83.36 against the US dollar on Friday. The downward slide was influenced by a negative trend in domestic equities and global uncertainties. Opening ...

RBI Policy May Touch On Currency Intervention

Indian Rupee (INR) depreciated this week historically against the US Dollar index, as investors were flocking to the US dollar as a safe haven concern. However, today, INR increased 37p to 81.30 against the US Dollar, while the US currency cools ...

IRDAI Proposes No Depreciation For Cars Up To 3 Years

Irdai has come out with a new proposal to determine the sum insured in case of motor vehicle including both 2-wheeler as well as private cars. In the proposal made, the working group on 'Product Structure for Motor Own Damage cover' ...

Zero depreciation cover for your car: How it is advantageous over the regular car insurance?

Ever made a car insurance claim, you might have acknowledged and even might have to pay a hefty amount for the repairs that were left unpaid by your car insurer citing depreciation and other reasons for the lesser claim amount honoured. ...