It is essential to realise that severe foreign exchange rate fluctuations can severely impact the debt servicing capacity of a company that relies excessively on foreign borrowings.
Political developments may keep market under pressure till election results are out on May 23.
According to IATA, India's regulatory and tax framework around fuel also adds a burden on the airline industry.
An estimated $7-8 billion are likely to hit onshore in the next few weeks.
On a weekly basis, the domestic currency saw a 18 paise decline.
The dollar index rose 0.04 per cent to 96.97.
As per experts, Jet's financial woes can be traced back to the 2006 purchase of Air Sahara for $500 mn in cash.
Investors bullish on the rupee have raised their long positions to highest since Jan 2018.
During the week, the rupee gained 6 paise.
Foreign portfolio investors (FPIs) bought Rs 1,038.58 crore worth of domestic stocks on Tuesday.
The Indian rupee Thursday climbed 19 paise to close at 68.92 against the US dollar.
The ADT increased 21 per cent from Rs 21,193 crore in 2017-18.
Investor risk appetites contracted as the IMF downgraded its global economy outlook for a third time since October.
Weakness in the greenback against major global currencies and easing crude prices aided the rupee uptrend.
These bonds are government-guaranteed bonds, which will invest in clean infra projects.
IT companies are spending millions of dollars to reskill employees in India, to build their offshore base.
Founded in 1999, KIIFB acts as a special purpose vehicle to mobilise funds for infrastructure development of Kerala.
Risk is a vague concept for most investors.
Congress workers said they never had so many affiliated pages to begin with and expected Facebook to “come clean” with the names of all the pages taken down.
Facebook said its investigation found that individuals used fake accounts and joined various groups to disseminate their content and increase engagement.
The confidence rode on brightening re-election prospects of Prime Minister Narendra Modi.
For portfolio allocation, one can be underweight on or at best neutral on auto space, says Rajgarhia.
Foreign portfolio investors (FPIs) bought Rs 467 crore worth of domestic stocks on Thursday.
The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62.
This agreement will enable both the countries to automatically exchange CbC reports filed by the ultimate parent entities.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.20% to 96.40.
ISI personnel used fake accounts to operate Military fan pages, Kashmir community pages, Facebook said.
These cos were evading tax by shipping goods ordered by Indians to various cities claiming these were "gifts".
The rupee came under pressure from rising crude prices and caution ahead of the outcome of the FOMC meeting.
Friday’s session is likely to see 11,560 and 11,610 levels act as immediate resistance.
Staying in Asia, the ride-hailing juggernaut Didi Chuxing lost 4 billion yuan or $585 million in the first half of last year.
On a weekly basis, however, the domestic currency logged 78 paise gains.
The rupee strengthened 0.4 per cent to 69.10 against the dollar and is set to gain for the fifth straight week.
Forex market was closed on Thursday on account of Holi.
Long bets on the rupee returned after early April last year, the poll of 11 respondents showed.
The US dollar's weakness against its key rivals overseas strengthened forex market sentiment domestically.
Indian currency, which is down about 1% this year, is forecast to weaken nearly 2% by end-May.
The Sensex, the world’s biggest gainer in dollar terms this month, rose 0.4 per cent today.
"Rupee waxing and waning with ebb and flow of funds in last three months."
The agreement is effective from Thursday.
Leading gains in the region, the South Korean won strengthened 0.5 per cent to 1,137.3 against the greenback.
HCL Tech, HUL, HDFC Bank, Bajaj Auto and Sun Pharma were among the top gainers.
The Minister of State for Finance said that the RBI has received an application from IndiGo to effect in-flight sales.
Godfrey Phillips has an exclusive procurement and supply agreement with Philip Morris International to manufacture and distribute Marlboro in the country.
India exported fresh vegetables worth Rs 168 crore and fresh onions worth Rs 12.7 crore to the UK in 2017-18, and trade sources said about 30 tonnes to 50 tonnes of vegetables are shipped to London on a daily basis.
The trade-sensitive South Korean won slipped as much as 0.3 per cent against the greenback.
“Today, USDINR pair is expected to quote in the range of 69.80 and 70.70,” Motilal Oswal Financial Services said in a report.
Rupee's superb show against the dollar, up by as much as 50 paise, prompted more buying.
Appetites for risky assets were further reduced by South Africa's economy also slipping into recession.
Brent crude futures, the global oil benchmark, rose 0.68 per cent to $66.19 per barrel.
According to the study, due to an increases in number of strategic alliances formed between GICs and service providers, vendor cost is set to witness an increase of 9% in 2019.
Many international funds are available to Indian investors.
The dollar index, which tracks the American unit against a basket of six currencies, was down 0.18 per cent at 96.33.
Both indices registered their best weekly gain since November 30.
An overwhelming majority of economists polled predicted inflation would average below 3%.
Philip Morris and Godfrey have said they comply with Indian rules.
Industrial production is expected to remain subdued over moderate demand and uncertainty around the outcome of upcoming general election.
Forex traders said heavy buying in domestic equities and sustained foreign fund inflows also propped up the local unit.
Indian Rupee has now touched the historic low mark and on midday, the value of Indian currency has been 72.69 versus the US dollar.Indian Rupee hits an all-time low of 72.69 versus US dollar
"The recent financial market turmoil has pushed the rupee too low," said Rabobank.
Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey. Indian Rupee hit fresh record lows going past Rs 71/USD. ET Now's Poonam Sahni joins in to tell whats leading to pressure on Indian rupee and performance of Peers against US Dollar.Why Indian Rupee is depreciating and how its peers performing against US Dollar
It is the second airline after IndiGo, which had also reported a profit during the third quarter of the fiscal.
Asian units took a hit in 2018 as rate differentials in the region widened after the Fed raised key rates.
The forex market sentiment got revived towards the fag-end trade offseting early losses amid increased selling of the greenback by exporters.
India has 106 million smokers, second only to China, and a young demographic makes it an attractive market for tobacco companies.
Issues of share pledges plagued the market as did the fears of rising crude oil prices.
A strengthening dollar ahead of the US-China trade talks and surging crude oil prices, however, restricted the rupee gains.
Major Asian markets were subdued in the wake of a fall on Wall Street.
The rupee was in the green and traded 13 paise higher against the US dollar around 9:30 am.
In a letter to the commerce minister, pepper consortium has raised concerns over spurt in illegal imports of Vietnam pepper.
Stronger Asian currencies against US dollar propped up the Indian unit.
Let us check out what all may move market all through Wednesday.
Nifty futures on the Singapore Exchange were trading higher at 11,529.50, indicating a positive start for Dalal Street.
Investment activity is recovering, but supported mainly by public spending on infrastructure, the RBI said.
The local unit moved in a range of 70.34 to 70.59, before finally ending at 70.49, showing a loss of 8 paise.
This is the fifth successive session of gain for the domestic currency, during which it has climbed 62 paise.
Total income stood at Rs 2,530.8 crore as against Rs 2,096.1 crore in the same quarter last year.
Investors stayed away from risk-sensitive assets and bet on safe-haven dollar
Higher crude prices and sustained foreign fund outflows, however, capped the rupee gains.
Indian equity, commodity and forex markets will be closed on Monday for Mahashivratri.
The company is committed to maintaining an investment-grade rating for which it may take strategic steps towards deleveraging.
The stronger US dollar against major global currencies also put pressure on the rupee.
The domestic currency has been trading in a narrow range ahead of RBI's monetary policy meeting outcome, scheduled for February 7.
The rupee Wednesday plunged by 19 paise to close at 71.24 against the US dollar.
Let's check out what all may move market all through Thursday.
This is the second straight session of loss for the rupee, during which it lost a total 72 paise.
The rupee rose 0.13 per cent against the dollar since the beginning of this month.
In Mumbai, petrol and diesel are being sold at Rs 74.91 and Rs 66.04 per litre respectively on Saturday with a rise of 10 paise and 31 paise, respectively.
The Reserve Bank will negotiate the operational details bilaterally with the central banks of the SAARC countries availing the Standby Swap, an official statement said.
On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar.
Nifty futures on the Singapore Exchange were trading 50 points, or 0.45 per cent
A massive rally in domestic equities lifted trading sentiment in forex market.
Nifty futures on the Singapore Exchange were trading 15 points
On Tuesday, the rupee had settled 1 paisa lower at 71.11 against the US dollar.
The RBI will buy 120 billion rupees ($1.65 billion) of government bonds on Thursday.
The new payment mechanism will allow India to continue oil purchases from Iran despite US sanctions.
Fresh foreign fund inflows propped up the rupee.
The rupee has lost 64 paise in the last three sessions.
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