Rupee Depreciation

Rupee slips 17 paise to 69.32 against dollar in early trade amid rising tensions between US and Iran

The rupee opened weak at 69.29 at the interbank forex market and then fell further to 69.32, down 17 paise over its last close

US ends waiver on Iran oil imports: India must now scout for cheaper oil from other sources to avoid a crisis

Higher oil prices would cause reworking of our economic indicators and policy. Higher prices will immediately impact our trade deficit as the value of imports increases.

Sensex falls over 325 points on weak global cues, slips below 38,000-mark; realty, metal, auto stocks trade in negative zone

Sensex which had lost 222.14 points on Friday, was trading lower by 325.49 points, or 0.85 percent, at 37,845.24.

Jet Airways shares rise 6% after report of chairman Naresh Goyal stepping down

Naresh Goyal, who founded the full-service carrier 25 years ago, has also agreed to reduce his 51 percent stake in the airline

Rupee rises 19 paise to 70.98 against dollar in opening trade on easing crude prices

Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 percent.

Sensex, Nifty start on a volatile note; Sun Pharma biggest loser among pharma stocks, tanks 10%

The Sensex settled 52.79 points or 0.15 percent higher at 36,374.08; and the broader NSE Nifty inched up 14.90 points or 0.14 percent to 10,905.20

Budget 2019: Govt likely to overshoot fertiliser subsidy bill by Rs 30,000 cr, banks may chip in, says report

A rise in fertiliser prices overseas and a fall in the rupee currency also made imported fertilisers more expensive

Rupee seen facing more punishment weighed down by political uncertainty, but no new record low: Report

The rupee’s path this year will largely be determined by the results of national elections in May, oil price moves and the Reserve Bank of India’s policy.

Cash-strapped Jet Airways defaults on debt payment to banks due to 'temporary cash flow mismatch'

Jet Airways is facing financial difficulties and owes money to pilots, lessors and vendors. Intense pricing competition, a weak rupee and rising fuel costs weighed on Indian airlines in 2018.

Rupee falls 9 paise to 70.55 against US dollar in early trade on rising crude prices

Crude prices are on a rebound after Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman agreed to extend their agreement to limit production to arrest a slump in global prices.