You are here: Home » Finance » Money & Forex Markets » News
IDBI Bank completes sale of entire stake of Ageas Federal Life Insurance
Business Standard

Depreciating rupee not likely to cause fiscal slippage, say experts

Petroleum, fertiliser imports to become expensive, subsidy bill set to rise

Topics
Rupee | India GDP | Indian Economy

Shiva Rajora & Asit Ranjan Mishra 



Indian rupee
Photo: Bloomberg

Cheaper crude oil sourced from Russia and conservative estimate of nominal GDP may secure the Centre’s finances from any significant deterioration in FY23 as a result of hitting a fresh low at 80.86 against dollar on Thursday, experts said.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, September 22 2022. 20:36 IST

RECOMMENDED FOR YOU

.