Rupee Fall
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Hyundai, Kia Sell Stake in Ola Electric, Exacerbating Share Slump
South Korean automakers Hyundai Motor and Kia sold about 136 million shares in Ola Electric Mobility on Tuesday. While Hyundai offloaded 108.8 million shares at an average price of 50.7 rupees (59 cents), Kia sold 27.17 million shares at 50.55 rupees a share. Ola Electric shares fall after 3.3 percent of equity traded in blocks.
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Sensex Rises 102 Points, Rupee Falls 7 Paise In Early Trade
Indian stock markets started the day on a positive note on Wednesday, even as global markets including US and Europe faced pressure.
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Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
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Markets Rally After Trump Halts Tariff Plans, But Rupee At Record Low
The NSE Nifty 50 and BSE Sensex snapped two-day fall on Tuesday after the US delayed tariff hikes on Canada and Mexico by a month.
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Trump Tariffs Offset Budget Boost, Rupee Hits Record Low, Markets Crash
The Indian shares tumbled after Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a broader trade war.
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'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
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Rupee Falls To All-Time Low Of 84.37 Against US Dollar
The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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Pakistani Rupee Falls To All-Time Low Of 287.29 Against US Dollar
Pakistani rupee sank to Rs 287.29 against the US dollar, a record low on Tuesday as Pakistan struggles to unlock critical IMF funding while dwindling foreign exchange reserves become another source of concern for investors, a media report said.
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China Border Situation, Inflation To Dominate Parliament Winter Session
The border situation with China, the alleged misuse of government agencies, price rise and unemployment will dominate the proceedings of the winter session of Parliament starting Wednesday.
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On Rupee Worry, P Chidambaram's "Advice" To PM Mentions Raghuram Rajan
The Congress on Thursday hit out at the Narendra Modi government over the "continuous fall" of the Indian Rupee and accused it of always being in electioneering mode and having no focus on economic issues.
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On Rupee Hitting Record Low, Sharad Pawar Party's Dig At Finance Minister
The Nationalist Congress Party (NCP) on Monday asked Union Finance Minister Nirmala Sitharaman to explain why the rupee has fallen to an all-time low against the US dollar.
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Rahul Gandhi Slams Centre's "Jumlas" As Rupee Falls To All-Time Low
Congress leader Rahul Gandhi attacked Prime Minister Narendra Modi over the rupee almost touching the Rs 80-mark against the US dollar and urged the government to stop the "politics of jumlas" and immediately reform its economic policies.
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Hyundai, Kia Sell Stake in Ola Electric, Exacerbating Share Slump
South Korean automakers Hyundai Motor and Kia sold about 136 million shares in Ola Electric Mobility on Tuesday. While Hyundai offloaded 108.8 million shares at an average price of 50.7 rupees (59 cents), Kia sold 27.17 million shares at 50.55 rupees a share. Ola Electric shares fall after 3.3 percent of equity traded in blocks.
-
Sensex Rises 102 Points, Rupee Falls 7 Paise In Early Trade
Indian stock markets started the day on a positive note on Wednesday, even as global markets including US and Europe faced pressure.
-
Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
-
Markets Rally After Trump Halts Tariff Plans, But Rupee At Record Low
The NSE Nifty 50 and BSE Sensex snapped two-day fall on Tuesday after the US delayed tariff hikes on Canada and Mexico by a month.
-
Trump Tariffs Offset Budget Boost, Rupee Hits Record Low, Markets Crash
The Indian shares tumbled after Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a broader trade war.
-
'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
-
Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
-
Rupee Falls To All-Time Low Of 84.37 Against US Dollar
The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.
-
RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
Pakistani Rupee Falls To All-Time Low Of 287.29 Against US Dollar
Pakistani rupee sank to Rs 287.29 against the US dollar, a record low on Tuesday as Pakistan struggles to unlock critical IMF funding while dwindling foreign exchange reserves become another source of concern for investors, a media report said.
-
China Border Situation, Inflation To Dominate Parliament Winter Session
The border situation with China, the alleged misuse of government agencies, price rise and unemployment will dominate the proceedings of the winter session of Parliament starting Wednesday.
-
On Rupee Worry, P Chidambaram's "Advice" To PM Mentions Raghuram Rajan
The Congress on Thursday hit out at the Narendra Modi government over the "continuous fall" of the Indian Rupee and accused it of always being in electioneering mode and having no focus on economic issues.
-
On Rupee Hitting Record Low, Sharad Pawar Party's Dig At Finance Minister
The Nationalist Congress Party (NCP) on Monday asked Union Finance Minister Nirmala Sitharaman to explain why the rupee has fallen to an all-time low against the US dollar.
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Rahul Gandhi Slams Centre's "Jumlas" As Rupee Falls To All-Time Low
Congress leader Rahul Gandhi attacked Prime Minister Narendra Modi over the rupee almost touching the Rs 80-mark against the US dollar and urged the government to stop the "politics of jumlas" and immediately reform its economic policies.
