Capital Outflows
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Rupee inching near 73-mark: Indian currency sinks to new low of 72.91, drops 22 paise against dollar
•Rupee was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oil prices and unabated foreign fund outflows.

Rupee crashes to fresh record low of 72.69, down 24 paise on higher crude prices, capital outflows and trade war concerns
•The rupee is the latest currency to be dragged down by fears that an escalating trade war could hurt global growth and severely affect Asian economies.

Offshore India funds, ETFs register outflow of $2 bn this year: Morningstar report
•India-focused offshore funds and exchange-traded funds (ETFs) registered outflow of $357 million in July, taking the total withdrawals to nearly $2 billion in the first seven months of this year, according to a Morningstar report

Budget 2018: BSE Sensex drops 69 points, closes blow 36,000 mark; Nifty stays above 11,000
•BSE Sensex slipped 69 points to close below the key 36,000-mark following offloading of bets by retail investors and fresh capital outflows by foreign funds

As Fed rate hike looms, RBI admits it is intervening in rupee futures
Fp Archives •The rupee fell 2.1 percent against the dollar in November, making it the worst-performing emerging Asia currency

The markets should chill: US Fed's much ballyhooed rate hike may well be its last
Jagannathan •The US Fed may have to raise interest rates for the first time in a decade in order to maintain its own monetary credibility. But there is little chance that it will continue this policy when economic revival is still fragile


