Page 51 - Finance News Analysis

Rupee falls 18 paise to 73.53 against US dollar in early trade

The Indian rupee slumped 18 paise to 73.53 against the US dollar in opening trade on Tuesday tracking weak domestic equities and strong American currency.

Inflation debate hits emerging markets as Pimco backs economic rebound

Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that's being fueled by months of easy money and fiscal largess

Rupee gains under siege as coronavirus health crisis fuels lockdown fears

Prospect of stricter curbs is threatening to weaken the currency, which is among Asia's top three performers this month

Life insurance companies' new premium business up 45% at Rs 9,739 crore

While the NBP of private insurers, 23 in total, grew 55.18 per cent over the same period last year, state-owned Life Insurance Corporation reported 35.6 per cent growth

Forex reserves surge by $3.91 billion to $588.02 billion: RBI data

The country's foreign exchange reserves swelled by $3.913 billion to reach $588.02 billion in the week ended April 30, 2021, RBI data showed on Friday

BoB allots Rs 500 cr to Serum after RBI liquidity tap for healthcare firms

SBI, HDFC Bank among lenders gearing up to support companies involved in mitigating Covid-19 outbreak.

Rupee gains 10 paise to end at 73.85, rises for second day in a row

Meanwhile, market sentiments are hurt on concern that rising Covid-19 cases in India and lockdown restriction in some states may hurt economic recovery.

JSW Hydro Energy to issue USD-denominated notes in overseas markets

JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds

Rupee extends gains for 4th day; rises 29 paise to 74.07 against dollar

This comes amid a positive trend in domestic equities.

From best to worst: Rupee tumbles in 2 weeks on Covid, poised for more loss

Traders are concerned that the rupee's tailwinds could start fading. Rising commodity prices may push the current-account into a deficit in the fiscal year that started in April

Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes

Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too

Rupee will be in suspended animation for some time

While a value of Rs 74-74.5/$ looks fair, one can never tell. The RBI may have to intervene if the rupee crosses the 75 mark and edges upwards

Rupee breaks past 75-mark vs US dollar, hits lowest level since Aug 2020

The domestic unit slipped to 75.13 versus the US dollar, a level seen in August last year

Rupee slips for 5th straight session, down 15 paise at 74.73 against USD

The rupee fell for the fifth straight session and settled 15 paise down at 74.73 (provisional) against the US dollar as rising Covid-19 cases, weak domestic equities weighed on investors' sentiment

Rupee dips for 4th straight day, down 11 paise at 74.58 against US dollar

The rupee fell for the fourth straight session and settled 11 paise down at 74.58 (provisional) against the US dollar amid fears that a rapid resurgence of Covid in the country can disrupt recovery

Analysts see rupee at 76.5; Four factors that may guide the trajectory

Rupee vs Dollar: Over the short-term, currency watchers expect the rupee to fall on the back of the RBI's plan to buy government bonds worth Rs 1 trillion from the secondary market

Rupee plummets 105 paise to close at Rs 74.47 against US dollar amid Covid

The rupee tanked 105 paise to close at 74.47 (provisional) against the US currency on Wednesday amid concerns over surging Covid-19 cases in the country

Rupee drops by 12 paise to Rs 73.42 against US dollar on Covid worries

The rupee pared its initial gains to close down by 12 paise at 73.42 against the US currency amid concerns that rising Covid-19 cases and lockdowns in some states may hurt the economic recovery

Rupee falls by 18 paise to close at Rs 73.30 against the US dollar

The rupee declined by 18 paise to close at 73.30 (provisional) against the US currency on strong American currency and risk aversion in the domestic market amid concerns over rising Covid-19 cases

Rupee falls 20 paise to 73.58 against the US dollar in early trade

The Indian rupee slumped 20 paise to 73.58 against the US dollar in opening trade on Wednesday, weighed down by the strength of the greenback and weak domestic equities