Rupee recovers 21 paise to 74.86 against U.S. dollar in early trade
The Hindu
The rupee on Monday dived 18 paise to close at a five-week low of 75.07 against the U.S. dollar on worries over the new coronavirus variant.
The rupee recovered 21 paise to 74.86 against the U.S. dollar in opening trade on Tuesday, as positive domestic equities and a weak American currency in the overseas markets boosted investor sentiments.
At the interbank foreign exchange, the rupee opened on a strong note at 74.91, then surged higher to 74.86 against the American dollar, registering a rise of 21 paise in the early deals.
The rupee on Monday dived 18 paise to close at a five-week low of 75.07 against the U.S. dollar on worries over the new coronavirus variant.
2025 TVS RONIN: Retro aesthetics meet cutting-edge technology with vibrant colors and enhanced safety features.
LIC introduces Smart Pension Plan with various annuity options, minimum purchase price of ₹1 lakh, and digital sales support.
Government ensures protection of exporters and people's interests, adapting to global changes, challenges, and increasing exports significantly.
Rupee closes at 86.96 against USD due to foreign fund outflows and rising Dollar index.
Uttar Pradesh CM Yogi Adityanath urges opposition to contribute positively in Budget Session for smooth legislative proceedings.
Tesla's job postings in Mumbai Suburban hint at potential entry into Indian market, following Elon Musk's visit with PM Modi.
Qatar ready to fast track negotiations for new investment agreement with India, focusing on trade diversification and technology.
India's aerospace sector is booming, with local firms like Hical and JJG Aero expanding rapidly to meet global demand.
Rupee weakens against dollar due to foreign fund outflows, negative equities trend; RBI support waning; trade deficit widens.
Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares, the company said.
Concerns over stagnant income levels overshadowed optimism about reduced expenses among urban consumers
Finance Minister Nirmala Sitharaman addresses FII outflows from India's equity markets, highlighting good returns and investor behavior.
Adani Foundation partners with GEMS Education to establish affordable schools across India, offering high-quality education to students.