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Thursday, March 28, 2024
TopicRupee

Topic: rupee

India’s forex reserves are falling $2 billion per week as RBI fights to save sliding rupee

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

The falling rupee, and the source of the ‘leaked’ surgical strike video

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

Rupee slips on crude price resurgence to hit all-time low against dollar

The currency slid 0.7% to as much as 69.0925 per dollar Thursday, past its previous record of 68.8650 reached in November 2016.

RBI says rate hike not meant to boost rupee, analysts say it will

HSBC and Nomura analysts say the rate hike bolsters the RBI’s credentials on the inflation-fighting front, which will have a rub-off effect on the rupee.

High oil prices and a weak rupee indicate that the RBI may change interest rates soon

The rupee is Asia’s worst performing currency this year, and it will be further affected by higher global crude oil prices. The central bank may need to act early to maintain macro-economic stability.

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.