Daily Headlinez Top News Updates
MUMBAI: The rupee closed at a record 93.98/$ on Monday, down 35 paise from its previous close of 92.63. In the process, it breached its prior low of 93.73 and briefly slipped past 94 after market hours. Sensing the impact of the West Asia conflict on the Indian economy through inflation, growth and current account…
DEA Secretary Anuradha Thakur Economic Affairs secretary Anuradha Thakur expects foreign capital inflows to improve on the back of Budget measures that have been unveiled and is confident that the growth momentum will sustain. Excerpts:Given the challenges that the economy faces, how do you see the growth-inflation dynamics playing out in the short term?■ I…
Foreign portfolio investment (FPI) flows remained volatile in FY26, resulting in a net outflow of $3.9 billion as of December 2025, amid heightened global uncertainty and a redirection of capital towards AI-centric markets such as the US, Taiwan and Korea, the Economic Survey 2025–26 said on Thursday, PTI reported.The survey noted that FPIs were net…
Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any specific price level or band for the rupee, and allows the currency to find its own “correct” value in the market, even as it hovers near the 90-per-dollar mark, PTI reported. “We don’t target any price levels or any bands….
Since April 2, following Trump’s reciprocal tariff announcement, the currency has depreciated by 5.5%. (AI image) The rupee continued its downward journey against the US dollar on Thursday, slumping to a record low of 90.43 in early trade. The Indian rupee crossed the significant 90-level barrier against the US dollar on Wednesday, reaching an intra-day…
The Indian rupee may finally have found a floor after months of sustained depreciation, with Jefferies indicating that the currency has likely bottomed out following its sharp underperformance against major emerging market peers, ANI reported.In its latest GREED & fear note, Jefferies said the rupee has been “the worst performer year to date amongst major…
