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Friday, March 29, 2024
TopicForeign exchange rate

Topic: Foreign exchange rate

Let’s not offer foreigners special treatment, because Indians can also up and leave now

Every time someone says we must offer foreigners reasonable tax rates or good business processes, one should ask ‘whose country is this anyway’?

Sinking rupee is hurting Indian firms that haven’t hedged their foreign debt

As rupee slides, unhedged firms that swapped overseas debt into local currency and don’t have foreign-currency revenues face higher repayment costs.

Modi govt wants RBI to step up efforts to support falling rupee

Government officials communicated last week with RBI on the need to intervene more aggressively in the market to support the rupee.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.