While Australian all-rounder Cameron Green made headlines for his 25.20 crore rupees move to three-time champions Kolkata Knight Riders (KKR), another overseas star for whom the franchise broke the bank was Livingstone, who had a great The Hundred and Vitality Blast tournament following his
Financial irregularities amounting to billions of rupees have been detected in Pakistan's local government institutions across the southern region of the Punjab Province, The Express Tribune reported, citing the Auditor General of Pakistan's audit report for the financial year 2022-23, relea
Reacting to Rahul Gandhi's visit to the BMW factory in Munich, Aam Aadmi Party's Delhi chief Saurabh Bharadwaj remarked that the Congress leader "could have said this even while being here in India." He cited falling exports and a depreciating rupee as evidence of economic downturn.
The Indian Rupee, which has been under pressure in recent times, is likely to bounce back strongly in the second half of the next financial year, from October 2026 to March 2027, according to a report by the State Bank of India (SBI).
Indian stock markets opened on a flat but slightly positive note on Wednesday. At 09:21 a.m., the BSE Sensex stood at 84,743.28, a rise of 63.42 points or 0.07 per cent. At the same time, NSE Nifty50 stood at 25,898.05, showing a gain of 37.95 points or 0.15 per cent. While the market starte
Sensex suffered loss of 0.63% at 84,679.86, while the Nifty 50 down by 0.64% at 25,860.10. Among the sectors, Nifty Realty emerged as the top laggard. Others including Nifty Bank, Nifty Oil & Gas, and Nifty Pharma all closed lower while on the upside was Nifty Consumer Durables index.
The Indian rupee touched a historic low on Tuesday, breaching the 91-mark against the US dollar for the first time. The sharp fall highlights growing pressure on the domestic currency amid continued foreign fund outflows and weak capital inflows.
The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama.
Domestic stock markets continued to remain under pressure on Tuesday as both key benchmark indices opened in the red, weighed down by persistent foreign fund outflows and continued weakness in the rupee.
About a fortnight after breaching 90 mark, the Indian Rupee is inching towards 91, hitting a fresh all-time low. At the time of filing this report, the Rupee was trading at 90.904 per US dollar, with an intraday high of 90.957, just shy of 91.