Tag: Indian rupee

Agriculture self-reliance: Govt says oilseeds and pulses output growing faster; MPs raise alarm over costly edible oil imports

Business
The government has told a parliamentary committee that domestic production of pulses and edible oils has risen at a greater pace in the last 10 years compared to the previous decade, even as...

Jefferies’ Chris Wood reshuffles India portfolio. Here’s a look at the shifts across 6 sectors – Strategy Shift

Stocks
In a clear signal of selectivity, Wood has exited Larsen & Toubro, Thermax, and Godrej Properties. These names had previously represented bets on India’s infrastructure and premium housing cycle. The exits suggest a tightening lens...

Rupee sees best single-day gain since June to close at 86.36 vs US dollar

Stocks
The Indian Rupee strengthened 30 paise to close at 86.36/$1 on Wednesday, its best single-day gain since June 3, aided by a softer...

Rupee falls to record 85.77 vs $, forex kitty at 8-month low

Business
MUMBAI: The rupee closed at a record low of 85.77 against the dollar on Friday, marking its ninth consecutive week of...

Rupee falls 9 paise to hit all-time low of 85.24 against US dollar in early trade

Business
NEW DELHI: The Indian rupee slid to a record low of 85.24 against the US dollar in early trade on Thursday,...

Forex reserves rise $2.8 billion to a new high of $692.3 billion

Economy
Mumbai: The Reserve Bank of India's foreign exchange reserves rose to a fresh high of $692.3 billion in the week ended September 20,...

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