Congress MP Manish Tewari on Friday moved an adjournment motion in the Lok Sabha, demanding that the poor performance of the rupee be discussed in the Lower House after the Indian currency continued to decline to a new low of 90.43 against the dollar.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate today at 10 am as the three-day Monetary Policy Committee (MPC) meeting concludes on Friday.
Mumbai (Maharashtra) [India], December 4: A recent survey on Financial Confidence and Investment Confidence, conducted by Dun & Bradstreet India, a leading global provider of business decisioning data and analytics, indicates that global uncertainty has dampened investment and financial conf
Leader of Opposition in Rajya Sabha and Congress President, Mallikarjun Kharge, on Thursday criticised the Centre's economic policies as the Rupee plunged to an all-time low against USD, crossing the Rs 90 mark.
"If something is heavy it will fall. Our rupee has strength & weight. That's why it's falling," Moitra posted on X, along with a graphic of PM Modi looking down at the falling rate of the rupee.
The Reserve Bank of India (RBI) is expected to keep the policy repo rate unchanged at 5.5 per cent and maintain its existing stance in the upcoming December Monetary Policy Committee (MPC) meeting, a report by YES Bank said.
Union Commerce and Industry Minister Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country has seen the lowest-ever inflation in the last few months and foreign exchange reserves continue to be strong.
The Indian rupee plunged to an all-time low against the US dollar on Wednesday, crossing the psychologically significant 90 mark amid foreign fund outflows. The development came amid firm crude oil prices and perceived uncertainty around the India-US trade deal.
New Delhi [India], December 3: Rishihood University's School of Entrepreneurship (SoEN) successfully organised a three-day Health Hackathon on Social Entrepreneurship at its campus and conducted a credit course for Rishihood learners as part of a week-long academic engagement under the mento
India's low-cost carrier IndiGo on Wednesday issued a statement on ongoing flight delays, attributing the disruptions to multiple factors, including technical issues, airport congestion, and operational requirements, and stated that its teams are working diligently to normalise operations
Indian rupee breached the 90 mark against USD on Wednesday morning, extending its depreciation run through sessions now, and in the process hitting a fresh all-time low for the Indian currency.
CSE noted that despite a significantly lower contribution from farm fires this season, Delhi's air quality has still slipped into the very poor to severe, pointing to the impact of local pollution sources, mainly from vehicles and combustion sources.