India's aviation sector is witnessing a modest recovery in demand, but rising fuel prices and a weakening rupee are emerging as major headwinds that could pressure airline profitability in the coming quarters, according to a new industry analysis by J P Morgan.
The domestic benchmark indices witnessed selling pressure on Wednesday's opening trade as the weakening Rupee and cautious investor sentiment weighed on the markets.
Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a report by ICICI Bank Global Markets.
Parliamentary Standing Committee on Commerce chief Abhishek Manu Singhvi suggested that the committee should take up the issue of the rupee weakening against the dollar and its impact on trade and commerce activities.
Islamabad [Pakistan], September 15 (ANI): The State Bank of Pakistan (SBP) has injected nearly USD1.2 billion into the inter-bank market in three months to defend the weakening rupee, local media reported on Wednesday.
New Delhi [India], Sep 30 (India): Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Sunday reiterated that the spike in the price of petrol and diesel in the country was because of the depreciation in the value of the Indian Rupee against the US dollar.
New Delhi (India), July 5 (ANI): Fuel prices saw a fresh hike on Thursday morning. This comes after more than a month in the wake of rising international rates and a weakening rupee.