Rahul Namjoshi warns of negative impact on INR from tariffs on Indian exports and depreciation of Chinese yuan.

The funding issue was oversubscribed by 2.7 times and facilitated by InCred, with the company being valued at INR 1,000 crore (around USD 120 million).

The round was led by the Michael & Susan Dell Foundation and BLinC Invest, with Resurgent India serving as an advisor.

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Investors will focus on Q3 reslts, alongside economic data which will help in determining the rate cut trajectory from US Federal Reserves.

The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.

“As acceptability grows the INR could be increasingly used to settle international transactions between two jurisdictions a role being performed by the USD." These guidelines are part of the ...

The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...

The Indian currency (INR) closed at 86.55 per dollar (USD) against the previous close of 86.3625. The rupee had rebounded on Wednesday, logging its biggest single day gain (of 27 paise ...

s index for the nation. The Indian rupee has also hit consecutive record lows against the US dollar, making it the worst-performing currency in Asia. Additionally, India's bonds are experiencing ...

The central bank "seems to be protecting the 86.50 level so we could see it (USD/INR) dip towards the end of the session," a trader at a private bank said. The dollar index was at 109.1 ...