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Last Updated:May 20, 2026, 10:02 pm IST Scheduled to take place on May 26, the move is specifically engineered to inject durable, long-term Rupee liquidity into the commercial banking system The three-year currency swap provides an intermediate, durable liquidity solution that leaves the sovereign bond yield curve undisturbed. Representational image In a major structural intervention…
Last Updated:May 16, 2026, 11:13 PM IST The Ministry of Finance has already doubled the effective import tax on gold and silver to 15 per cent By placing tight licensing restrictions on silver bars—which the government classifies as a non-essential luxury item—policymakers aim to reduce the systemic outflow of US dollars. Representational image The Indian…
Last Updated:May 15, 2026, 3:57 pm IST Rupee at Fresh All-Time Low: The domestic currency hits its fresh all-time low of 96.14 against the US dollar during the day, falling 50 paise from the previous close. Indian Rupee vs US Dollar: Indian rupee on May 15 plunged to record low. Rupee at New Record Low:…
New Delhi2 hours ago copy link Yesterday’s big news was related to crude oil. Due to tension in West Asia, crude oil prices are continuously increasing in the global market. According to rating agency CareAge Global, every $10 per barrel increase in crude oil prices can increase retail inflation in India by 60 basis points…
New Delhi38 minutes ago copy link Yesterday’s big news was related to crude oil. Due to tension in West Asia, crude oil prices are continuously increasing in the global market. According to rating agency CareAge Global, every $10 per barrel increase in crude oil prices can increase retail inflation in India by 60 basis points…
Last Updated:March 22, 2026, 08:00 IST Skyrocketing energy costs, unseasonal agricultural disruptions, and a stubborn interest rate cycle have forced the middle class into a defensive crouch As we move into the second quarter of 2026, the Indian consumer is undergoing a fundamental behavioural shift. Representational image As the first quarter of 2026 draws to…
There has been a huge decline in the rupee against the dollar. Rupee has reached near 94. For the first time in history, the rupee closed at 93.71 against the dollar, which is its record low. Earlier on Wednesday, it had made its record low. read more This fall in the rupee has come amid…
Hindi News Business Middle East War Fuels Dollar Rise, Oil Surge; Rupee Hits Record Low 92.33 New Delhi2 minutes ago copy link The Indian rupee today fell by 46 paise to reach a record low of 92.33 against the US dollar on March 9. Amidst the worsening situation in the Middle East, this huge fall…
Mumbai: The rupee plunged 36 paise to breach the 91-mark against the US dollar for the first time in intra-day trade on Tuesday, weighed down by sustained FII outflows and a lack of clarity on the India-US trade deal. The rupee fell from 90 a dollar to 91 in the last 10 trading sessions. The…
New Delhi: The slide in Indian Rupee driven by a complex mix of external shocks, foreign investor outflows and limited RBI intervention should not be mistaken for an inherently weak currency, said SBI Research Ecowrap report on Thursday. The Indian rupee on Wednesday slipped past the psychologically significant 90-per-dollar level, marking one of its fastest…