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Friday, March 29, 2024
TopicIndian Rupee

Topic: Indian Rupee

Blaming Newton’s curse for plunging rupee & ‘gloves are off’ in Tharoor-Gehlot tussle

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

Indian Rupee opens at record low of 81.09 versus US dollar; biggest single-day fall since Feb

India's forex reserves have been consistently depleting for the past few months, on account of RBI's likely intervention in the market to defend the depreciating rupee.

Sri Lanka-type abyss in India? It’s a fantasy of the Left that can only be dismissed

India’s sobriety and balanced approach has been a complete contrast to Sri Lanka and ranks as one of the better national economic policies anywhere in the world.

Trade in rupee can’t afford speed breakers from govt. RBI also needs to take care of a hitch

While RBI move to allow export/import to be invoiced in Indian rupee will solve some problems, there is no guarantee it will circumvent payment issues with Iran or Russia.

Rupee falls to a record low at 78.28 per dollar, stocks slide amid global risk-off fears

The rupee slid as much as 0.6% on Monday, after having hit a series of recent lows. The benchmark S&P BSE Sensex Index slid about 2.8%, and bonds also declined.

Worst is yet to come for Indian rupee as oil costs widen deficits, say analysts

The bearish forecasts stem from a deterioration in India’s external finances. Higher oil prices threaten to widen the current-account deficit to at least 3% of the GDP.

Currency volatility may encumber India’s debut green bond

The bond is issued in rupees which has fallen 4% in value this year, discouraging investors.

Rupee falls to record low as dollar strength dents risk mood

The rupee dropped as much as 0.7% to 77.4337 a dollar Monday, slipping past the previous all-time low of 76.9812 touched in March.

How should RBI tackle inflation? Give clear signal, revisit projections, adjust policy stance

Geopolitical tensions, supply side bottlenecks and post-Covid rise in demand are likely to disrupt inflation calculations. Lack of a clear RBI signal could even affect the rupee.

Rolling up the red carpet after polls & women’s day, and what united polarised voters

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

On Camera

Sheikh Hasina battling ‘India Out’ campaign with Indian saree. But has she made it worse?

Hasina is unabashedly India’s best friend in the neighbourhood. But Delhi is hard put to match China’s deep pockets and big investments in Dhaka.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

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.