The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
Mumbai (Maharashtra) [India], January 18: Zurich Kotak General Insurance, provides insight on why car owners should go for a depreciation cover in car insurance. Many car owners focus on the basic coverage options when it comes to car insurance, such as third-party liability and own damage i
The "Trump Tantrum," referring to the impact of Donald Trump's presidency on the Indian rupee, is likely to be a short-term phenomenon, says a report by State Bank of India (SBI).
Illustrating current margins, the report outlines an example where the industry achieves an EBITDA of Rs800 per ton. After adjusting for 80 per cent capacity utilisation and accounting for depreciation, the post-tax ROCE stands at a mere 3 per cent. For incremental investments, the report hi
The Indian rupee (INR) is expected to face challenges in 2025 due to multiple global and domestic factors, according to a report by Standard Chartered Bank.
The Indian Rupee fell to an all-time low of 85.07 (at the time of filing this report) against the U.S. dollar on Thursday as the greenback gained strength following the Federal Reserve's indication of fewer rate cuts in 2025.
The Indian rupee is expected to remain under pressure in the near term, trading in a range of 84-84.5 per US dollar, according to a report by Bank of Baroda.
The Indian Rupee depreciated marginally in October by 0.3 per cent compared to the bloodbath witnessed in other major currencies, highlighted a report by Bank of Baroda.
Bengaluru (Karnataka) [India], August 12: Revenue for Q1 FY25 of INR 5,256 million, a growth of 14% (y-o-y); EBITDA for Q1 FY25 of INR 929 million, a growth of 21% (y-o-y); and PAT for Q1 FY25 of INR 121 million, a growth of 59% (y-o-y).
The Indian rupee depreciated versus the US dollar on Monday to touch its all-time low, tracking global heavy selling in stock markets, over risks that the US may potentially slip into recession.
The company reported an operating revenue of Rs 1,502 Cr, with Earnings before Interest, Tax, Depreciation, and Amortisation (EBITDA) loss standing at Rs 792 Cr. EBITDA before ESOP stood at loss of Rs 545 Cr, as stated previously.