Tag: US dollar

India likely to drive global growth, benign home inflation strengthens RBI’s rate cut hopes

Economy
India is poised to consolidate its role as a key driver of global growth amid disruptions due to global trade realignments, while domestic inflation is set for a durable alignment with the central bank target,...

Oil India Q4 net profit drops 21% on lower crude prices; FY25 sees record output and higher capex

Business
State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors...

Gold fever: Futures top Rs 1L/10gm mark

Business
MUMBAI: Rallying for the fourth consecutive session, gold futures contracts expiring in August, October, and December on the Multi Commodity Exchange (MCX) topped...

Asian stocks: Asian stocks drop after US selloff, dollar steady

Stocks
Asian stocks edged down at the open after President Donald Trump ramped up his criticism of Federal Reserve Chair Jerome Powell, raising concerns...

Rupee’s backloaded retreat against the dollar mars year of rare stability

Economy
For the rupee, this year has been a story in quarters - and the last hasn't been particularly flattering. The pace of its...

Trump’s White House win and a rebound in US dollar putting pressure on commodities

Stocks
Commodity prices liquidated, weighed down by a sharp rebound in the US dollar followed by Donald Trump’s win in the recent US Presidential...

Forex reserves record biggest weekly drop as RBI moves to support Rupee

Economy
MUMBAI: India's foreign-exchange stockpile shrank the most on record last week, surpassing the absolute decline last seen during the peak of the global...

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