At the interbank foreign exchange, the domestic unit opened at 85.65 and fell to 85.67 against the greenback, registering a loss of 9 paise over its previous close. Representational file image. | Photo Credit: The Hindu The rupee depreciated 9 paise to 85.67 against the American currency in early trade on Wednesday (May 21, 2025),…
Gold prices on May 21, 2025 rose by ₹824 to ₹95,665 per 10 grams in futures trade. File | Photo Credit: AP Gold prices on Wednesday (May 21, 2025) rose by ₹824 to ₹95,665 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange,…
Representational image | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day down by 1 paisa at 85.59 (provisional) against the U.S. dollar on Wednesday (May 21, 2025), on dollar demand from importers and foreign banks as well as surge in crude oil prices. Forex traders said market sentiment…
Representative image | Photo Credit: PTI Benchmark stock indices Sensex and Nifty rebounded on Wednesday (May 21, 2025), snapping their three-day falling streak on the back of buying in blue-chips HDFC Bank and ICICI Bank and a firm trend in Asian peers. The 30-share BSE Sensex jumped 410.19 points or 0.51% to settle at 81,596.63…
People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, May 12, 2025. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday (May 22, 2025) mirroring weak trends in global equities amid the U.S. fiscal worries along with debt concerns. The 30-share BSE benchmark gauge…
Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range in morning trade on Thursday (May 22, 2025), as the support from weak dollar index was negated by elevated crude oil prices and persistent dollar demand from importers and foreign banks. Forex traders said broad-based dollar weakness, with DXY…
The data, released as part of the RBI’s May edition of its monthly bulletin, shows that repatriation and foreign investments by Indian companies have increasingly played a part in lowering India’s net FDI figures ever since the pandemic. File | Photo Credit: Getty Images/iStockphoto Net foreign direct investment (FDI) into India crashed by more than 96%…
The 30-share BSE Sensex tanked 644.64 points or 0.79% to settle at 80,951.99 with 27 of its constituents ending lower. File | Photo Credit: The Hindu Benchmark Sensex declined by nearly 645 points while Nifty retreated to 24,600 level due to selling in IT, oil and FMCG shares amid a global equity rout triggered by…
Forex traders said surging U.S. bond yields are rattling global investors. Moreover, the narrowing yield differential between India and the U.S., is making Indian assets less attractive. Representational file image. | Photo Credit: The Hindu Rupee depreciated 37 paise to close at 85.96 (provisional) against the U.S. dollar on Thursday (May 22, 2025), on dollar…
At the interbank foreign exchange, the domestic unit opened at 85.95 and fell to 86.10 against the greenback, registering a loss of 15 paise over its previous close. | Photo Credit: Reuters The rupee depreciated 15 paise to 86.10 against the American currency in early trade on Friday (May 23, 2025), as foreign institutional investors…
