MUMBAI, Feb 7 (Reuters) - The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.

The reserves had been on a declining trend recently due to revaluation along with forex market interventions by RBI to help reduce volatilities in the rupee. The forex reserves had increased to an all ...

Although many variations exist, the basic outline goes like this: After 1,000 years of Taoist training, a white snake demon is transformed into a woman and takes up residence with a green snake demon.

Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...

“Bidding was at market levels,” he added. "Greenium" refers to the premium investors are willing to pay for green bonds due to their sustainability impact. Meanwhile, the $5 billion six-month ...

Stock markets update: Equity benchmark indices opened higher in early trade on Wednesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 290.99 points to 76,144.85 ...

It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap auction of $5 billion for a tenor of six months on 31 January.

Cred and One Mobikwik Systems Ltd. announced on Tuesday the launch of their respective e-rupee pilot, in collaboration with the Reserve Bank of India and Yes Bank, the companies said in their press ...

For every rupee the government collects, here’s a broad approximation of how it is divided (based on FY 2022-25 Budgets): Taxes: About two-thirds of the government’s income comes from taxes.

The rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the unpredictable movement of other currencies like the euro and pound, ...

The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this ...

The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...