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Saturday, November 2, 2024
TopicFalling rupee

Topic: Falling rupee

Why Modi wants to stop war in Ukraine, and the rupee needs an Op Ganga of its own

The best cartoons of the day, chosen by the editors at ThePrint.

Rupee falls to 75 for first time, stocks continue to drop as foreigners pull out $10 bn

Global funds are seeking safety of dollar while fleeing stocks, bonds & other currencies, emulating pattern that was hallmark of 2008 global financial crisis.

Behind India’s chronic trade deficit, a few ignorant accounting formulas

A persistent and large deficit fails to pressure the dollar upwards, relative to the rupee, resulting in the latter’s overvaluation.

RBI hand seen as rupee holds amid cooling oil prices

India’s forex reserves plunged $5.14 billion in the week ended 12 Oct. — the biggest drop in 7 years — hinting at the central bank’s intervention.

India’s headline inflation might be low, but it may not stay that way for long

Between a record-low currency, high oil prices, and a looming election, India's inflation rate could take a hit.

India likely to consider increasing import duties to curb deficit & prop up sagging rupee

The prime minister’s office is planning a meeting in New Delhi this week to review measures including curbs to curtail the trade gap.

Modi govt considers tapping overseas Indians to support rupee

Govt. has raised import tariffs while the central bank allowed companies to raise more money abroad and eased norms for foreign investment in local...

Journalists exposed in #MeToo movement, and fleeing migrant workers

The best cartoons of the day, chosen by editors at ThePrint.

Quick slide for rupee and Mayawati’s right move

The best cartoons of the day, chosen by editors at ThePrint.

India’s falling rupee has a silver lining – Rising software exports

Services exports, which mainly comprise software, has climbed to 7.3% of GDP in June from 6.8% in March 2017.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.