Indian Rupee

Sensex, Nifty slip on weak global sentiment; mid, smallcaps shine

Major Asian markets were subdued in the wake of a fall on Wall Street.

Sensex, Nifty off to a flat start; crude oil plays spoilsport

The rupee was in the green and traded 13 paise higher against the US dollar around 9:30 am.

Tweet Buster: Shyam Shekhar’s golden rules of investing and Holland’s words of caution

Issues of share pledges plagued the market as did the fears of rising crude oil prices.

Bulls advance on most Asian currencies as trade talks brew optimism

Long bets on the Chinese yuan, Singapore dollar , Indonesian rupiah and the Thai baht rose substantially.

In-flight sales: IndiGo approaches RBI for use of rupees in international flights

The Minister of State for Finance said that the RBI has received an application from IndiGo to effect in-flight sales.

SpiceJet net plunges 77% on higher costs

It is the second airline after IndiGo, which had also reported a profit during the third quarter of the fiscal.

Rupee getting stronger on rising foreign fund inflows

The rupee rose 0.13 per cent against the dollar since the beginning of this month.

Pepper traders cite Sri Lankan minister statement on illegal imports to India

In a letter to the commerce minister, pepper consortium has raised concerns over spurt in illegal imports of Vietnam pepper.

How shadow banks can be the shining light for India’s entrepreneurial ecosystem

The benefits of the combination of microfinance institutions and fintech are multifarious, especially for the SME sector.

Rupee gains 13 paise to 71.18 vs USD on easing crude price

This is the fifth successive session of gain for the domestic currency, during which it has climbed 62 paise.

SpiceJet Q3 profit dives 77% YoY to Rs 55 crore

Total income stood at Rs 2,530.8 crore as against Rs 2,096.1 crore in the same quarter last year.

Most Asian currencies softer ahead of Sino-US trade talks

Investors stayed away from risk-sensitive assets and bet on safe-haven dollar

RBI projects 7.4 pc GDP growth for FY 20

Investment activity is recovering, but supported mainly by public spending on infrastructure, the RBI said.

Airtel’s deleveraging measures crucial to ease ratings pressure: S&P Global

The company is committed to maintaining an investment-grade rating for which it may take strategic steps towards deleveraging.

Rupee ends flat at 71.11 against dollar ahead of Fed policy meet

The forex market sentiment got revived towards the fag-end trade offseting early losses amid increased selling of the greenback by exporters.

Rupee ends flat at 71.56 ahead of RBI policy decision

The domestic currency has been trading in a narrow range ahead of RBI's monetary policy meeting outcome, scheduled for February 7.

Rupee slumps 55 paise to 71.80 on firm crude

This is the second straight session of loss for the rupee, during which it lost a total 72 paise.

Rupee the 'whipping boy', but may dodge record low

After reversing deep losses of 2018, the rupee has lost about 3 per cent so far this year.

Rupee firms up by 26 paise against US dollar

Stronger Asian currencies against US dollar propped up the Indian unit.

Indian rupee has slipped into coma: Yashwant Sinha

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

Rupee ends 4 paise higher at 71.08 against dollar

A massive rally in domestic equities lifted trading sentiment in forex market.

Rupee ends steady at 71.12; Fed policy, Budget eyed

On Tuesday, the rupee had settled 1 paisa lower at 71.11 against the US dollar.

Rupee up 7 paise against USD on easing crude prices

Fresh foreign fund inflows propped up the rupee.

India's amended currency swap fund for SAARC can assist countries facing Chinese debt

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.

Rupee rises after 3 days, settles 11 paise higher

On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar.

Rupee slips 8 paise to 70.49 on rise in crude oil

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.

Rupee settles 10 paise lower at 71.17 against US dollar

Forex traders said concerns related to fiscal slippage weighed on the local unit.

Rupee logs first gain in 5 days, rises 21 paise

The rupee Wednesday plunged by 19 paise to close at 71.24 against the US dollar.

India's 2018 thermal coal imports grew at fastest pace in 4 yrs

That trade gap has been hurting the valuation of the rupee, the worst performing major Asian currency in 2018.

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.

Rupee losses 25 paise to 70.46 against US dollar

The stronger US dollar against major global currencies also put pressure on the rupee.

Fuel prices witness uptick in Delhi, Mumbai

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.

Rupee slips further, down 9 paise at 71.28 against dollar

Forex traders said foreign fund outflows and a stronger dollar impacted the trading pattern for the local unit.

Rupee recovers 48 paise to 69.72 against dollar

Higher crude prices and sustained foreign fund outflows, however, capped the rupee gains.

Election worries muddy waters for bond investors in India

Pre-election largesse won't reassure investors wanting more commitment to fiscal consolidation.

Election worries muddy waters for bond investors in India

On Friday, the Hindu Nationalist government of Prime Minister Narendra Modi will unveil an interim budget.

Rupee not yet out of troubled waters, may again drop towards 74 level

The dollar may continue to enjoy safe haven status, which will be negative for the rupee.

Rupee slips further, settles below 71 level against dollar

The rupee has lost 64 paise in the last three sessions.

FPIs’ index futures positions hint at room for a bigger correction in Nifty

On April 4, net FPI position was minus 1,34,006 contracts at Nifty level of 10,128.

ArcelorMittal's Essar bid delays planned JV with SAIL -official

ArcelorMittal has been engaged in a drawn out attempt to acquire Essar Steel since 2017. Its 420 billion rupees ($5.9 billion) bid for the bankrupt Indian steelmaker has been mired in legal wrangling for months.

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

Three years later, India's bankruptcy reform languishes in courts

Litigation has affected some restructuring deals & bankers are starting to sell bad debts at fire sale prices.

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.

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

Share market update: Nifty IT index up 1%; NIIT Tech, Infosys among top gainers

Benchmark NSE Nifty50 index was up 36.20 points at 10,838.35 while the BSE Sensex was up 168.58 points at 36,149.51 around 11:11 am.

Rupee tumbles 53 paise to 70.21 on crude woes

On Monday, the rupee had gained 4 paise to end at 69.68 against the US dollar.

Fuel prices witness fresh hike, petrol at Rs 68.50 in Delhi

Amidst the perpetual rise and fall, the rates of fuel prices went up for the first time in 2019 with the petrol selling at Rs 68.50 and diesel at Rs 62.24 on Monday, with a rise by 21 paise and 8 paise per litre, respectively.

Things at JNU comically bad: Professor who won Infosys Prize 2018

Reacting to the development, she said things at the university were "comically bad".

Rupee tumbles for 4th day, down 19 paise at 71.24

The rupee has now lost a hefty 83 paise in four straight sessions.

Government plans to pay five Iran banks for oil imports

The new payment mechanism will allow India to continue oil purchases from Iran despite US sanctions.

Watch: What's driving the Indian rupee lower

Market Movers: Fed likely to hold rates, gold at 8-month & India rated less corrupt

A lowdown on top macro triggers that may move market on January 30, 2019.

Technology won't kill but create jobs: Narayana Murthy

The renowned IT Industrialist noted that technology provides an opportunity for people to move from drudgery to tasks that require more human touch.

Rupee rises 8 paise to 69.69 against dollar

According to Motilal Oswal Financial Services, weakness in the dollar against its major crosses has been one of the major reasons that led to the appreciation in the rupee.

India's external debt declines 3.6% to $510.4 billion at Sept-end

"The decrease in the magnitude of external debt was primarily due to valuation gains resulting from the appreciation of the US dollar against the rupee," RBI said

Elections, dollar strength and oil price to determine rupee direction

​On the macro overview, Standard Chartered expects GDP growth to remain robust in 2019.

Asian currencies gain on stronger prospects for Fed rate cut

​​The Chinese yuan, the Singapore dollar and the Taiwan dollar were marginally firmer.

Most Asian currencies weaken as growth fears set off 'flash crash'

The won weakened as much as 0.9 per cent at one point to 1,128.40 per dollar.

Share market update: IT shares down; Infosys slips nearly 2%

Benchmark NSE Nifty50 index was up 44.45 points at 10,953.15 while BSE Sensex was up 117.74 points at 36,464.82.

Sensex, Nifty off to a choppy start as caution prevails ahead of Q3 results

Oil prices fell by 1 per cent in global markets, giving a leg up to the Indian rupee.

Rupee at near three-week high on likely soft Fed outlook, low crude

The rupee was at 70.89 to the dollar, after touching 70.84, its highest since Dec. 7.

Sensex plunges 363 pts, Nifty50 below 10,800; 5 factors behind market's pain

China's factory activity contracted for the first time in over two years in December.

Most Asian currencies subdued as US share rally boosts dollar

On Thursday, the Indian rupee, the worst performing Asian unit this year.

Most Asian currencies decline as factory activity fizzles

​​The rupee and the Malaysian ringgit also retreated after softer manufacturing readings.

Rupee begins 2019 on a high, jumps 34 paise

The domestic unit has rallied by a hefty 92 paise in the last three trading sessions.

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.

Most Asian currencies shaky as growth concerns, US politics dent sentiment

The Singapore dollar and Malaysian ringgit both firmed 0.1 per cent.

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.

Rupee's tumultuous year ends with 9% annual loss at 69.77

On year-over-year basis, the rupee depreciated by a whopping 509 paise, or 9.23 per cent.

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.

Market Movers: New poll survey shows Modi on sticky wicket, US says trade deal miles away

A lowdown on top macro triggers that may move market on January 25, 2019.

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.

Cotton spinners record healthy recovery in profits as export demand surges

Notwithstanding the volatility in Indian rupee against the US dollar during the current year, the sharp rupee depreciation between July and October 2018 also supported spinners’ INR realisations and hence contribution margins.

Rupee turns corner, likely to remain stable this year

The local unit plunged to record low at 74.48 a dollar on October 11 last year.

Market Movers: Goyal named interim FM, bullish growth projections & Priyanka in active politics

A lowdown on top macro triggers that may move market on January 24, 2019.

Q3 earnings, macro data, crude price to guide stock market in week ahead

Sensex advanced 315 points or 0.88% and Nifty inched up 68 points or 0.63% last week.

Rupee gains past 70-level against dollar

Rupee climbed 112 paise on Tuesday and registered its best single-day gains in over five years.

Rupee logs best day in over 5 years, vaults 112 paise on crude slide

Tuesday's 112 paise ascent marked the best day for the rupee since September 19, 2013.

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

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.

Taking positions on currency movements through futures

An equity trading account with a brokerage firm is sufficient to access this segment.

Government likely to renew demand for extra dividend from RBI: Sources

The central bank announced the transfer of 500 billion rupees.

RBI rate cut likely to spur growth hopes: Full policy text

Since the last MPC meeting in December '18, there has been a slowdown in global economic activity.

Higher dollar returns make nifty a star performer

France, Germany, US, UK and Japan markets are down by near 10 per cent or more.

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.

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.

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

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

Rupee rally earns Indian market tag of best performer

In dollar terms, India has been the best-performing market in the past three months.

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.

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.

MSE gets Sebi approval for weekly options on currency products

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

Market Movers: May’s Waterloo on Brexit, India’s exports worry & IL&FS hit for PFs

Here’s a lowdown on top macro triggers that may move market on January 16, 2019.

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.

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.

Urjit Patel's resignation to dampen sentiments: DBS

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

Market Movers: Drop in Nov GST collection, Trump calls meet on shutdown, Modi confident of 2019

GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month.

What changed your markets while you were sleeping

Asian shares crept cautiously higher on the first trading day of the new year.

Market Movers: Bank NPA bottoms out, new GST rates take effect, core sector growth slows

The net NPAs ratio also witnessed a fall at 5.3 per cent in September 2018.