Tuesday, March 31, 2026

Indian Rupee

Global Tensions Weigh on Markets; Sensex Crashes Over 1,100 Points

Black Friday for Stock Markets: Sensex Plunges 1,200 Points, Nifty Slips Below 23,000

Indian Rupee Falls to 94.24, Hits All-Time Low Against US Dollar

Malvinder Kang’s remarks on Finance Bill 2026: Many Hollow Claims, But Ground Reality Tells a Different Story

India's IPO tally hit a six-year high in 2023

NEW DELHI: In total, 243 companies were listed on Indian bourses in the year ended December 31, 2023, the highest annual tally in at least six years, according to S&P Global Market Intelligence data.

India is Bangladesh's largest export destination in Asia: Indian High Commissioner

DHAKA: Indian High Commissioner to Bangladesh Pranay Verma said New Delhi was today Dhaka's largest export destination in Asia, and hoped that better connectivity links and new measures like trade in Indian Rupee will further enhance exports to India.

RBI to review regulatory norms for Electronic Trading Platforms

MUMBAI: The RBI announced on Thursday that it has decided to review the regulatory framework for Electronic Trading Platforms (ETPs) and the revised regulatory framework will be issued separately for public feedback.

New chapter in India-Bangladesh bilateral ties: High Commissioner

Dhaka: During a meeting with Bangladesh's newly-elected Foreign Minister Hasan Mahmud, Indian High Commissioner Pranay Verma said a new chapter of bilateral relations between the two neighbouring nations has opened, and would work "more closely" to take the ties forward.

India’s external debt edges past $629 billion

NEW DELHI: India's external debt rose by $4.7 billion in the April-June quarter to touch the USD 629.1 billion mark, although the debt-GDP ratio declined, RBI data released on Thursday showed.

Rupee at 10-month low adds to selling pressure in stock market

NEW DELHI: Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost of Rs 10,000 crore in August so far also led to selling at higher levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

India-UAE sign MOU to promote local currencies in cross-border trade

Abu Dhabi: The meeting of Indian PM Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday comes with many new landmark initiatives. They discussed strengthening the ''distinguished historical relations'' between the UAE and India and ways to achieve the goals of the ambitious strategic and development partnership.

India-UAE sign MOU to promote local currencies in cross-border trade

Abu Dhabi: The meeting of Indian PM Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday comes with many new landmark initiatives. They discussed strengthening the ''distinguished historical relations'' between the UAE and India and ways to achieve the goals of the ambitious strategic and development partnership.

India, UAE sign MoU to begin trade settlement in their currencies

Abu Dhabi:Prime Minister Narendra Modi on Saturday held talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan, who received him at the airport on his arrival from France.

Dedollarisation a gradual journey, likely to face geopolitical challenges: Expert

CHENNAI:The dedollarisation is a gradual journey and has to face various challenges, including geopolitical angle, said industry officials.

Mandhana to earn double than PSL's highest-paid players after 3.4 Cr deal with RCB; reports

NEW DELHI: India batter Smriti Mandhana was the most expensive buy at the inaugural Women's Premier League auction in Mumbai, when Royal Challengers Bangalore (RCB) snapped her up for INR 3.4 crore deal.

Indian rupee records 6.9% depreciation in current FY

NEW DELHI: The Indian rupee has witnessed a depreciation of 6.9 per cent in the current financial year till November 30, the Parliament was told on Tuesday.

Samvat 2078 of to a solid start

Trading for Samvat 2078 began on a festive note with a significant gap up opening which was on expected lines.

RBI does not have fixed dollar-rupee exchange rate: Governor

CHENNAI: The Reserve Bank of India (RBI) does not have any fixed dollar-rupee exchange rate and its market interventions are to curb excessive volatility, said Governor Shaktikanta Das.

Rupee slides to all-time low of 81.93 against US dollar

MUMBAI: The Indian rupee has depreciated to trade at an all-time low of 81.93 against the US dollar after the surge in dollar index, dealers said.

Rupee slips first time below 81-mark against US dollar

MUMBAI: The Indian rupee fell below 81-mark against the US dollar during the early morning trade for the first time against the US dollar.

Rupee hit new all-time low as dollar index rises 20-year high

MUMBAI: The Indian rupee has depreciated to the record low since the morning trade after the dollar index surged to 20-year high and 75 basis points rate hike by the US Fed, and hint at more rate hikes in the future.

Rupee falls 11 paise at 79.56 against US dollar

MUMBAI: The Indian rupee ended 11 paise lower on Thursday to close at 79.56 against the US dollar.

Rupee depreciates 12 paise to close at 79.64 against US dollar

The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.
MUMBAI:The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.

RBI hikes repo rate by 50 basis points to 5.40% 

The monetary policy committee (MPC) of the Reserve Bank of India (RBI) has unanimously voted to increase the policy repo rate by 50 basis points to 5.40 per cent. Consequently, the Standing Deposit Facility (SDF) rate adjusted to 5.15 per cent and Marginal Standing Facility (MSF) rate and the Bank Rate adjusted to 5.65 per cent.
MUMBAI:The monetary policy committee (MPC) of the Reserve Bank of India (RBI) has unanimously voted to increase the policy repo rate by 50 basis points to 5.40 per cent. Consequently, the Standing Deposit Facility (SDF) rate adjusted to 5.15 per cent and Marginal Standing Facility (MSF) rate and the Bank Rate adjusted to 5.65 per cent.

Indian rupee falls 30 paise to close at 79.46 against US dollar

The rupee has depreciated 30 paise against the US dollar on Thursday as sentiments of investors dampened due to weak macroeconomic data and tensions between US-China.
MUMBAI: The rupee has depreciated 30 paise against the US dollar on Thursday as sentiments of investors dampened due to weak macroeconomic data and tensions between US-China.

'With global positive cues rupee to trade 79.15 to 79.75 band against dollar'

The Indian rupee is expected to trade against the US dollar in the range of 79.15 - 79.75 in this fortnight supported by positive global cues, said Bank of Baroda in a research report.
CHENNAI: The Indian rupee is expected to trade against the US dollar in the range of 79.15 - 79.75 in this fortnight supported by positive global cues, said Bank of Baroda in a research report.

'You buy an umbrella to use when it rains': RBI Governor on using forex reserves

Due to the RBI actions, including measures to encourage inflows, the movements of the rupee have been relatively smooth and orderly, RBI Governor Shaktikanta Das said on Friday.
MUMBAI: Due to the RBI actions, including measures to encourage inflows, the movements of the rupee have been relatively smooth and orderly, RBI Governor Shaktikanta Das said on Friday.

Rupee to trade in 78.75-80 band for dollar: Kotak Mahindra Bank

The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80, said Kotak Mahindra Bank in a report.
CHENNAI: The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80, said Kotak Mahindra Bank in a report.

Indian rupee at Rs 79.36 against USD, gold touches Rs 54K

The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.
CHENNAI: The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.

Rupee expected to remain under pressure in near-term: Report

The Indian currency is expected to remain under pressure in the near-term amidst a combination of negative global cues as well as domestic factors at play, said Bank of Baroda in a report.

Equities slump tracking weak US markets, rupee closes at new low

NEW DELHI: Indian equity benchmark indices declined sharply lower and settled in the red on Thursday in line with weakness in the US markets.

Indices fall for fifth straight session, April CPI data in focus

NEW DELHI: Indian equity benchmarks declined over 2 per cent on Thursday, led by slump in banking, financial and metal stocks.

BCCI announces release of Request for Proposal for staging Closing Ceremony of IPL 2022

MUMBAI: The BCCI has invited bids from reputed entities for staging the Closing Ceremony of IPL 2022, through a tender process."The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, rights and obligations, etc. are contained in the 'Request for Proposal' (RFP) which will be made available on receipt of payment of a nonrefundable fee of INR 1,00,000 (Indian Rupees One Lakh Only) plus any applicable Goods and Services Tax.

Dwarka Expressway to drive startups and unicorns to Gurugram-NPR: Pankaj Bansal

NEW DELHI: The Rs 9,000 crore Dwarka Expressway Project is an access controlled expressway with a route alignment connecting Mahipalpur (Shiv Murti) in Delhi with Kherki Dhaula via New Gurgaon (Gurugram) in Haryana. It will feature 20+ flyovers and bridges, 2 rail over-bridges and underpasses, 11 vehicle underpasses, 20 underground pedestrian crossings, and a 2.5m wide cycle and bike path.

Rupee weakens further amid strong dollar, rising oil prices

MUMBAI: The Indian rupee continued to depreciate on Wednesday amid a strengthening dollar across currencies globally.

Rupee drops below 75/$ amid surging Covid cases

MUMBAI:The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns.

'Upstream producers continue to bleed as domestic gas prices remain low'

NEW DELHI: Low natural gas prices have adversely impacted upstream producers' revenues, profitability and cash accruals, ratings agency ICRA said.

Markets to continue both sides movement (Market Watch)

The week gone by had mere four trading days but had plenty of action in it. It had two days of super gains on Monday and Thursday and two flat days. It gained 1,308.39 points or 3.50 per cent to close at 38,697.05 points. NIFTY gained 366.70 points or 3.32 per cent to close at 11,416.95 points. The broader markets saw BSE100, BSE200 and BSE500 gain 3.31 per cent, 3.31 per cent and 3.30 per cent respectively. BSEMIDCAP gained 3.32 per cent while BSESMALLCAP gained 3.28 per cent. Markets gaining almost identical between 3.28 per cent to 3.32 per cent is a rare event and I do not recall having seen such an event in a very long time. I am not sure what to make out of it but am sure that time will make us wiser.

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