MUMBAI, Feb 7 (Reuters) - The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.
If you’re looking to dramatically change a room but don’t want to spend a lot of money, time, or even be especially committed to the results, consider removable wallpaper — specifically the ...
Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...
particularly those from lower-middle-class backgrounds. In Pakistan, the average monthly pay is between 30,000 rupees and 50,000 rupees, which is insufficient to sustain a family in the face of ...
It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap auction of $5 billion for a tenor of six months on 31 January.
Cred and One Mobikwik Systems Ltd. announced on Tuesday the launch of their respective e-rupee pilot, in collaboration with the Reserve Bank of India and Yes Bank, the companies said in their press ...
For every rupee the government collects, here’s a broad approximation of how it is divided (based on FY 2022-25 Budgets): Taxes: About two-thirds of the government’s income comes from taxes.
The rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the unpredictable movement of other currencies like the euro and pound, ...
ideaForge had posted a net profit of INR 20.15 Cr in the year-ago quarter and a loss of INR 13.73 Cr in the preceding quarter Operating revenue crashed 81% to INR 17.61 Cr during the quarter under ...
The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this ...
The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...
Icon of "Global Indian rupee" created with sunbeams. Trendy and modern illustraion isolated on a blank background. Vector Illustration (EPS file, well layered and grouped). Easy to edit, manipulate, ...
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