The primary concern for the Indian economy is the sharp increase in fuel costs. According to the report, "Brent has moved up from a range of US$ 65-US$ 70 per barrel to US$ 110 per barrel since the war broke out." This surge is linked to major infrastructure failures in the region. "Iran's o
"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.
As the rupee weakens toward Rs 90 per dollar, Uday Kotak has urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics.
The Indian Rupee continued to weaken on Tuesday, 5th August, as it came under pressure due to continuous dollar demand from importers and persistent foreign institutional investor (FII) outflows
Mumbai (Maharashtra) [India], March 4 (ANI): The Indian rupee weakened by 22 paise to 76.16 against the US dollar on Friday as a sharp rise in crude oil prices amid the ongoing Russia-Ukraine conflict dampened investors' sentiments.