Indian Rupee

Analysts who warned of emerging market rout expect painful 2019

Slower global growth and additional tightening by the Fed will affect EM currencies.

Investors cut short positions on most Asian currencies; yuan bear bets at 21-month low: Poll

Short interests in the yuan were at the lowest level since March 2017.

As offshore markets hold sway over USD-INR, rupee seeks to break free

The first moves began with the introduction of current account convertibility in 1994.

Pound struggles near 20-month low on Brexit setback, dollar stands tall

Sterling was little changed at $1.2565 after slumping 1.3 per cent the previous day.

Rupee plunges 50 paise to 71.32 against dollar

The rupee opened lower at 71.28 against the US dollar and dropped further to 71.44. The Indian unit hit a high of 71.23 during the day.

Share market update: IT shares rise on weak rupee; Infibeam Avenues jumps nearly 3%

Benchmark NSE Nifty50 index was down 68.65 points at 10,419.8 while BSE Sensex was down 260.34 points at 34,699.38.

Rupee tumbles 53 paise to 71.85 against dollar

On Monday, the Indian rupee tumbled 50 paise to close at 71.32 against the US dollar.

Double blow to rupee quells revival hope for worst Asia currency

Bank of America Merrill Lynch is also predicting short-term weakness for the rupee.

ADB retains India FY19 growth forecast at 7.3% despite downside risks

India is maintaining growth momentum on rebounding exports and higher industrial and agricultural output, ADB said in its Asian Development Bank Outlook Supplement.

Urjit Patel's resignation to dampen sentiments: DBS

Beyond sentiments, markets will seek clarity on Governor Patel's successor.

What changed your markets while you were sleeping

Let's take a look at what might matter on D-Street today.

Correction is not over yet as weak rupee leads to weaker markets: Vivek Mavani

Instead of farm loan waivers, unshackling farm produce markets work long term, says Mavani

Bonds at 8-month high on RBI bond purchase hopes, inflation comments

The 10-year benchmark bond yield fell to as low as 7.38 per cent.

Rupee gains 8 paise to 70.82 against US dollar

The rupee settled for the day at 70.67, higher by 23 paise against its previous closing price.

MSE gets Sebi nod for weekly options on currency products

MSE has also been allowed by Sebi to introduce monthly Currency Options contracts on currency pairs of EUR-INR, GBP-INR & JPY-INR.

MSE gets Sebi approval for weekly options on currency products

The approval for new products comes at the most opportune time.

Indian rupee has slipped into coma: Yashwant Sinha

"And only one person is responsible for it, Prime Minister Narendra Modi," Sinha asserted.

Market Movers: RBI Governor Urjit Patel resigns, all eyes on Assembly election results, rupee tumbles & more

Here’s a lowdown on top macro triggers that may move market on Tuesday.

Rupee tanks 87 paise to 70.46, logs biggest single-day fall since Aug

Oil prices jumped sharply after the US and China agreed to a 90-day truce in a trade dispute.

Why Kunj Bansal is hunting for top ideas in these three sectors

Going forward, we will be in a range-bound market for next few months, says Sarthi group MD.

Etihad in rescue talks with bankers for Jet Airways

Etihad executives met officials of SBI in recent days to discuss Jet's cash flow and business plan.

Market Movers: Market awaits Assembly poll results; oil up on Opec-Russia output cut deal, dollar slips & more

Here’s a lowdown on top macro triggers that may move market on Monday.

India's SpiceJet shares rise; gives additional bank guarantee to airport operator

High oil prices, a weaker Re and intense fare wars are hurting airlines' profitability.

After Market: Rs 2.26 lakh crore gone in a day, 159 stocks turn bearish

The Indian rupee rolled down further even as global crude oil prices traded weak.

Market catches global flu, Sensex cracks 572 points

BSE's market cap declined by Rs 3.71 lakh crore on Thursday.

Fitch slashes India growth forecast to 7.2% on reduced credit availability

The rating agency also forecast the value of rupee to further depreciate to Rs 75 to a dollar by the end of 2019.

More trouble ahead for bruised rupee: Reuters poll

Politics is likely to decide the course for the Indian rupee in 2019.

Rupee, bonds surge on lower oil prices, RBI bond buy announcement

The RBI will buy 120 billion rupees ($1.65 billion) of government bonds on Thursday.

Should you alter your debt mutual fund strategy ahead of RBI policy?

Will RBI hike rates? Or will it hold rates? Do I need to change my debt mutual fund investment strategy?

Bearish bets on Indian rupee, Indonesian rupiah at highest in years: Reuters poll

Appetites for risky assets were further reduced by South Africa's economy also slipping into recession.

Sugar exports halt with decline in global prices, stronger Rupee

Sugar millers have started production of white sugar in hope of bigger raw sugar contracts

Momentum favors rupee as India reaps gains of cheaper oil

The government is stepping up social spending before general elections in 2019.

Prices of TV, home appliances may go up 7-8 per cent from next month

Panasonic India is set to increase the prices of its products by up to 7 per cent, while some others players have already increased it.

EM carry trade returns set for best month since January

Asian currencies could react negatively if US talks with China were to break down

Lower oil prices to help India on twin deficit front: Vivek Rajpal, Nomura

Broadly speaking, bond yields might remain under downward pressure, says Rajpal

Prices of TV, home appliances may go up 7-8 per cent from next month

According to CEAMA, in some segments like TV and AC, there was de-growth in volumes, while refrigerator sales were almost flat.

Indian Rupee hits an all-time low of 72.69 versus US dollar

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

Stick to short duration schemes and FMPs, say mutual fund advisors as RBI hold rates

The Reserve Bank of India (RBI) held key rates on its policy review today in line with the expectations in the money market.

Indian rupee to languish around 70 per dollar a year from now: Reuters poll

"The recent financial market turmoil has pushed the rupee too low," said Rabobank.

Easing tensions between RBI, government positive for INR assets: DBS

INR bonds have retained recent gains but struggled to make further headway.

Rupee opens 20 paise up at 71.47 against dollar

The local currency advanced 26 paise to 71.67 against the US currency on Tuesday.

Why Indian Rupee is depreciating and how its peers performing against US Dollar

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

Most Asia currencies inch up on dollar slip; rupee biggest gainer

​​ Both the Thai baht and the Korean won strengthened as much as 0.3 per cent.

Market Movers: Icra warns of higher CAD, manufacturing improves & oil prices up on output cut hopes

A look at top macro triggers that may move market on Tuesday.

Worries are easing, but stocks to remain jittery till year end

RBI and the government are now aligned to lubricate the economy with liquidity.

Market Movers: Trump, Xi declare trade war ceasefire; customs reforms on anvil, oil surges & more

Here’s a lowdown on top macro triggers that may move market on Monday

Weak rupee likely to help pharma companies post double-digit growth

The rupee has been on a free fall against the US dollar, making the currency depreciation a political issue.

Appliances, consumer electronics should be excluded from FTAs to boost domestic manufacturing: Report

The report has asked the government to not cut or eliminate import duties in this sector under the proposed mega trade deal Regional Comprehensive Economic Partnership (RCEP).

Flying out of Delhi airport to be costlier from December 1

The revised charges would be applicable from December 1. The hike in charges is expected to have a minimal impact on average domestic fares, experts opined.

Market Movers: Oil prices nudge up after Friday slump; easier retail norms on anvil & more

A lowdown on top macro triggers that may move market on Monday.

Market Movers: All eyes on G-20 summit; Norms tweaked to boost NBFC cash flow & more

Here’s a lowdown on top macro triggers that may move market on Friday.

Handset prices may go up on weak rupee

Queries sent to Samsung, Oppo and Vivo were not answered till press-time Monday. According to Counterpoint estimates, October was a record month in terms of sales, contributing to 60% share.

Watch: What's driving the Indian rupee lower

Government seeks closer supervision over RBI

Modi govt has proposed changing rules that will enable closer supervision of the central bank, sources say.

Muted Diwali for edible oil sector as demand falls

Traders said the edible oil market is price sensitive and reduction in price of any oil has an effect on other edible oils.

Smooth ride could remain a dream for Indian aviation despite Jet-Tata match

Modi govt had approached Tata Group to save the country’s biggest full-service carrier through a possible purchase.

Rupee nosedives 67 paise to 73.12 against dollar

On Friday, the rupee clocked its biggest single-day gain in over five years.

Share market update: IT shares dip; Tech Mahindra slumps 3%

Benchmark NSE Nifty50 index was up 78.85 points at 10,225.65 while BSE Sensex was up 276.67 points at 34,123.90.

S&P places Tata Motors' long-term rating on 'CreditWatch' with negative implications

Total revenue from operations rose 3.3 per cent to Rs 72,112.08 crore.

Congress abusing my mother as it lacks strength to fight me, says PM Modi

Hitting out at the Congress on Babbar's remarks, he said, "When one doesn't have issues to talk about, he resorts to abusing somebody else's mother."

Fund managers hunt for bargain bets in Asian markets

For a lot of fund managers, the sell-off has been excessive.

Fuel price reduction may dent oil firms EBITDA by Rs 6500 crore: Moody's

These three OMCs account for about 95 per cent of the country's retail fuel sales.

India's external debt declines 2.8 per cent $514.4 billion at end-June: RBI

At end-June 2018, the external debt was placed at USD 514.4 billion, recording a decrease of USD 14.9 billion over its level at end-March 2018.

What’s in it for India in $75 billion currency swap pact with Japan

Subhash Garg said the agreement was one of the largest swap arrangements in the world.

Short positions on most Asian currencies drop; dollar momentum seen waning: Poll

Bearish bets on the Singapore dollar, Taiwan dollar and the Philippine peso declined over the past two weeks.

Rupee's fall indicates rise in black money: Subramanian Swamy

The Indian rupee is falling because the currency is exiting the country in the form of black money, BJP MP Subramanian Swamy said on Sunday.

All is not good for exports with rupee depreciation: FIEO

FIEO said that though Rupee has depreciated by over 13% in 2018, the trends in NDF market indicate that further fall is not ruled out, particularly as short-term debt share in India’s external debt is increasing.

Mentha oil up in morning trade

MCX Mentha Oil was up 1.29 per cent at Rs 1709.90 per 1 kg at around 10.30 am (IST).

Largecap funds underperform their benchmarks

Rupee recovers after report of talks on special dollar window for oil firms

By 0532 GMT, the rupee was trading at 73.05/06 per dollar.

Sigh of relief for citizens as fuel prices witness further reduction

Fuel prices have been soaring since the past few months in the country, burning a hole in commuters' pockets.

Petrol prices cut by 39 paise in Delhi, diesel goes down 12 paise

The petrol price in Delhi was revised to Rs 81.99 per litre after a decrease of 39 paise, while that in Mumbai was Rs 87.46 per litre after a 38 paise reduction.

Recovery in Bharti Airtel's India ops remain crucial, stake sale in Africa arm will reduce debt:S&P

S&P said it expects the company's India wireless business to stabilise and return to growth over the next 12-18 months.

Mindtree sees biggest drop in over 7 years as brokerages cut PT

The IT firm's stock marks biggest intraday pct loss since Sept 2011.

Mentha oil prices down in morning deals

The commodity on MCX was down 0.29% at Rs 1,710 per 1 kg at around 10.25 am (IST).

AAP won't join Bharat Bandh

AAP chief spokesperson Saurabh Bharadwaj said it is little difficult to digest that the Congress is calling for a Bharat Bandh.

Fuel prices witness fresh hike

In Mumbai, petrol prices crossed Rs 90-run mark with the fuel being sold at Rs 91.20 per litre. The diesel price is Rs 79.89 per litre, increased by Rs 0.17.

Rupee skids 13 paise to 73.61 against US dollar

The US dollar strengthened against its rivals ahead of the Federal Reserve's release of minutes.

Ram temple not poll issue, but a matter of faith: Shahnawaz Hussain

"All Indians want the temple to be constructed. It is not an electoral issue, but a matter of faith for the BJP," he said at the 'Mumbai Manthan' conclave organised by television news channel Aaj Tak.

Rupee may hit 75 mark on fund outflows, crude prices

The rupee touched a fresh low of over 74 to a US dollar in the spot market last week.

Share market update: IT stocks up 1%; NIIT Technologies surges 4%

Infosys, Tata Consultancy Services, HCL Technologies and Oracle Financial Services Software, too, were among the top performers.

Flare-up in trade war, high crude prices to further impact rupee: Analysts

The apex bank is known to enter the markets via intermediaries to either sell or buy US dollars to keep the rupee in a stable orbit.

It’s not solvency issue, most large NBFCs have good balance sheets: Sanjeev Sanyal, principal economic adviser

Govt's principal economic adviser said the NBFC problem is related to liquidity & can be solved easily.

What changed your markets while you were sleeping

Let's check out what might matter to Dalal Street on Tuesday.

Market Movers: China ready to talk with US; All eyes on US mid-term poll; oil dips & more

A look at top macro triggers that may move market on Tuesday

‘Trade war between US and China helping India boost its exports’

But the Indian rupee may weaken further if the US government goes ahead with more fiscal cuts to boosts its economy.

Over 120 stocks defy positive market mood, hit 52-week lows

However, nearly 30 stocks hit 52-week highs on BSE.

Share market update: Wipro, Infosys, HCL Tech drag Nifty IT index down

The Nifty IT index was trading 0.61 per cent down at 15,276.

Airtel Africa stake dilution to ease pressure, but threat of downgrade remains: S&P

Wednesday, Bharti Airtel’s Africa unit said it is raising $1.25 billion.

Fuel prices: BJP chief Amit Shah says government to come out with a stand

Amit Shah said the rise in fuel prices and the weakening of the rupee were the result of international developments.

Petrol, diesel continue to touch new height

As per India's pricing mechanism, the domestic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee.

Rupee volatility leaves Indian stocks on shakier ground

There are 28 companies in the BSE 500 index where FPIs have raised their stakes by more than 10 per cent.

LIC open to taking part in IL&FS rights issue

The insurer might also look at raising its equity stake in IL&FS, subject to regulatory permission, V.K. Sharma said.

Rupee jumps 41 paise to 3-week high of 73.16

Forex dealers said softening crude oil prices supported the rupee's upward movement.

How far can crude price fall? Here's where you can look for clues

In a worrying sign for demand, profits from processing crude into fuel for cars have plunged.

Stock market update: IT stocks fall up to 3%; Wipro, TCS, Infosys suffer

The Nifty IT index was trading 2.01 per cent down at 15,278.

Sensex jumps over 50 pts, Nifty50 nears 11,100; DHFL up 2%

The rupee on Thursday opened 20 paise higher at 72.41 against dollar.

What is Shankar Sharma betting on to create wealth in this bearish market

“You need a serious bear market to create big wealth,” said Sharma.

Market Movers: GST collections cross Rs 1 lakh cr; oil dips despite looming Iran sanctions & more

A lowdown on top macro triggers that may move market on Friday.