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19 Sep 2024

Travelling Abroad? Know How Much Cash Foreign Currency You Can Carry

If you are travelling abroad and wondering how much foreign currency you can carry in cash from India, here are some important points you must know

03 Jun 2024

Rupee Surges 38 Paise To 83.04 Against US Dollar In Early Trade

The local unit clocked the highest single-day rise since April 2023 when it appreciated by 42 paise.

26 Mar 2024

India's CAD Dips To $10.5 Billion In October-December: RBI

The merchandise trade deficit at USD 71.6 billion was marginally higher than USD 71.3 billion during the third quarter of 2022-23.

26 Mar 2024

Rupee Recovers From All-Time Low Level; Rises 29 Paise To 83.32 Against USD

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said.

12 Jan 2024

Wipro Net Profit Falls 11.7% To Rs 2,694 Crore In December Quarter

The company's IT Services segment revenue dropped 4.5 percent on a year-over-year basis to Rs 22,150.8 crore during the reported quarter from Rs 23,196 crore during the same period of 2022.

Rupee Vs dollar

26 Jun 2023

Rupee Declines 9 Paise To 82.05 Against Dollar Amid Geopolitical Worries

However, the local currency retreated from early highs amid volatile stock markets and touched a low of 82.05 in afternoon trade at the interbank foreign exchange market.

04 Jun 2023

Walmart's Shareholding In PhonePe Drops To 85%

PhonePe has now raised a total of USD 850 million of primary capital in the current round till the end of May.

21 Mar 2023

Rupee Slips 3 Paise To Close At 82.59 Against USD Ahead Of Fed Rate Decision

Investors are keenly awaiting the interest rate decision by the US Federal Reserve due on Wednesday.

28 Dec 2022

Rupee rises 7 paise to end at 82.80 against US dollar

The rupee gained 7 paise to close at 82.80 against the US dollar. Traders said the domestic unit witnessed high volatility during the session. At the interbank foreign exchange market, the local unit opened at 82.84.

24 Nov 2022

Rupee gains 30 paise to close at 81.63 against US dollar

The rupee appreciated 30 paise to close at 81.63 against the US dollar. On Wednesday, the rupee depreciated 26 paise to close at 81.93 against the USD. The dollar index slipped 0.19 percent to 105.87.

25 Aug 2022

India has ample forex buffers to withstand pressure on credit worthiness: S&P

Speaking at the India Credit Spotlight 2022 webinar, S&P Sovereign & International Public Finance Ratings Director Andrew Wood said the country has a strong external balance sheet and limited external debt, making debt servicing not so expensive.

finance minister Nirmala Sitharaman

30 Jun 2022

Rupee relatively better placed than other global currencies against dollar: FM

She was responding to a question on the movement of rupee against the dollar. The rupee breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday.

29 Jun 2022

Rupee hits fresh low, falls 18 paise to close at 79.03 against US dollar

The domestic unit has lost 1.97 per cent so far this month. Meanwhile, the dollar index was trading 0.13 per cent higher at 104.64.

22 Jun 2022

Rupee drops 19 paise to hit all-time low of 78.32 against US dollar

The dollar index strengthened by 0.05 per cent to 104.48. Brent crude futures, the global oil benchmark, dropped 4.46 per cent to USD 109.54 per barrel.

03 Sep 2018

Petrol price would soon touch 100, so will rupee against US dollar: AP CM

Andhra Pradesh Cheif Minister blames NDA government's inefficiency as the cause of price hike.

24 Aug 2018

India's forex reserves drop by USD 33 mn: RBI

The overall forex reserves inched down to USD 400.85 billion from USD 400.88 billion reported for the week ended August 10, according to the RBI.

Indian origin man

13 Jun 2018

Indian-origin man to pay over $136,000 in India-based tech support scam

The case was first announced in February in conjunction with an enforcement sweep launched by the US Department of Justice aimed at stopping illegal schemes that exploit older Americans

23 Jan 2018

Rupee gains 5 paise against dollar at 63.82

Yesterday, the rupee had ended lower by 3 paise at 63.87 against the US currency.

17 Oct 2017

China to speed up construction of power project in PoK

China plans to complete ahead of schedule a USD two billion hydropower project in Pakistan- occupied Kashmir to ease energy crisis in Pakistan.

23 Aug 2017

George Clooney donate USD 1 million to combat hate groups

Hollywood star George Clooney and wife Amal have donated USD 1 million to the Southern Poverty Law Center (SPLC) to increase the organisation's capacity to combat hate groups.

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