Weak Rupee

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Weak Rupee - Total results - 9
Gold likely to surge up to Rs 42,000 by December-end as geopolitical uncertainties, weak rupee push prices, say analysts
Business

Gold likely to surge up to Rs 42,000 by December-end as geopolitical uncertainties, weak rupee push prices, say analysts

Spot gold prices are likely to bounce back while remaining above the critical support level of $1,458

Petrol, diesel prices become slightly cheaper after remaining unchanged for six days; crude rises on Venezuela crisis
Business

Petrol, diesel prices become slightly cheaper after remaining unchanged for six days; crude rises on Venezuela crisis

This month, the state-run oil marketing companies reduced petrol and diesel prices just three times due to the rise in crude oil rates in the international market and a weak rupee.

Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60
Business

Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60

Petrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.

Boeing says Indian airfares unsustainably low; lifts country's 20-year order forecast despite market challenges
Business

Boeing says Indian airfares unsustainably low; lifts country's 20-year order forecast despite market challenges

India’s passenger traffic has risen at around 20 percent in recent years, making it one of the world’s fastest-growing aviation markets.

Cash-strapped Jet Airways' survival may rest on founder Naresh Goyal leaving the cockpit
Business

Cash-strapped Jet Airways' survival may rest on founder Naresh Goyal leaving the cockpit

Rising dominance of budget carrier IndiGo as well as high oil prices, hefty fuel taxes and a weak rupee left Jet Airways strapped for cash and unable to pay employees and lessors on time.

Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage
Business

Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage

Buying Jet Airways, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalized, and six years after it re-entered the market with two joint ventures.

Rupee weakening credit negative for companies, but effects limited: Moody's
Business

Rupee weakening credit negative for companies, but effects limited: Moody's

The rupee has depreciated 13 percent so far in 2018 and has touched a historic low of Rs 72.32 to a dollar.

Nitin Gadkari calls for increase in use of alternative fuels to lower dependence on imported oil
Business

Nitin Gadkari calls for increase in use of alternative fuels to lower dependence on imported oil

Oil prices have been on the rise for quite some time now from its lows in the past three years and hit record highs in recent months.

Weak Indian rupee: NRIs could again bail the nation out of the brewing forex crisis
Business

Weak Indian rupee: NRIs could again bail the nation out of the brewing forex crisis

The risk factor for the NRIs is the possibility of Indian rupee sliding further at the time of redemption as well as at the time of payment of interest.