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Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

Tough times begin to recede, India’s rupee seen back at 75/dollar by end of year

The prospect of a rare current-account surplus following robust foreign inflows & global oil-price collapse will help nudge the rupee higher, analysts say.The prospect of a rare current-account surplus following robust foreign inflows & global oil-price collapse will help nudge the rupee higher, analysts say.
Indian two thousand and five hundred rupee banknotes|: Dhiraj Singh/Bloomberg

Virus disruption will push rupee to record 80/dollar, says Reliance forex head

Rupee has stronger link with growth & metrics like current account, balance of payments & global dollar dynamics have marginal impact, says Venkat Thiagarajan.
Representational image

Rupee rises 6 paise to 75.60 against US dollar in early trade

Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over Covid weighed on the local unit.
Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

Rupee rises 25 paise to 75.66 against US dollar as Covid-19 vaccine trial boosts investors

Forex traders said that besides the encouraging results in vaccine trial, higher opening of domestic equities and a weak greenback in overseas market supported the local unit.

The oil crash couldn’t have come at a better time for India’s rupee

As crude prices tanked, it brought relief for India: The rupee rebounded about 2% from a record low touched last month.
Representational image | Photo: Dhiraj Singh | Bloomberg

Rupee rises to 75.84 against US dollar in early trade

Forex traders said positive start of domestic stocks and improved market sentiments with countries gradually lifting lockdowns supported the local unit.
A cashier counts Indian rupee bank notes. | Photographer: Dhiraj Singh | Bloomberg

Rupee settles on a flat note at 76.27 against US dollar

Forex traders said the rupee is trading in a narrow range as losses in the greenback supported it, while weak domestic equities weighed on the local unit.

Rupee rises 81 paise against US dollar after RBI announces measures to support economy

The rupee, which opened on a positive note at 74.60, gained further momentum and touched a high of 74.35 against the US dollar.
Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

Indian stocks and rupee convulse as the country locks itself down

Stock market indexes crashed 13% as they tripped circuit breakers in the morning. The rupee slid 1.2% after retreating to an all-time low of 76.1550.
farmers

These are the pros and cons of the rupee falling to 75 a dollar

In the last one month, the rupee has depreciated by nearly 5 per cent against the dollar but this is unlikely to cause any challenge on the external sector front.

On Camera

Representational image | Pixabay

Scuba divers are turning plastic waste in the oceans into Covid face masks

Diving organisation PADI has teamed up with a watersports clothing company to recycle bottles recovered from the ocean to make a range of face coverings.
A worker wearing a protective mask operates a tape cutting machine at a factory in Haryana on 20 April | Bloomberg Photo

How Indian factories are trying to overcome labour shortages as economy reopens

Some companies are promising free travel tickets, housing & food to draw workers to urban areas, others are hiring new faces from nearby locations.

Defence

Indian Army personnel in Srinagar (file) | Photo: Praveen Jain | ThePrint

Army postpones mandatory annual, periodic medical tests of soldiers as Covid cases rise

Army conducts annual & periodic medical exams to assess fitness of all soldiers. Decision to postpone tests expected to ease burden on military hospitals.
Illustration by Soham Sen | ThePrint

It’s time for China, Pakistan, even India to rethink the fantasy Modi called expansionism

India, China and Pakistan all want territory from another. But it’s a pursuit doomed to fail as they can’t get it without annihilating the other.