Will rupee continue its free fall against US dollar or recover?

حجم الخط

The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.

Continue reading on Times of India

This article was originally published by Times of India.

أخبار ذات صلة

Law·2 dk önce

Co-owner Can Evict Tenants Without Others' Consent, Bombay High Court Rules

The Bombay High Court ruled that a co-owner can evict tenants without formal consent from other co-owners, citing a Supreme Court precedent. Objections from other co-owners can weaken the case.

Economic Times

يتطور·4 dk önce

Meta Data Center Construction Linked to Rare Bacterial Contamination in Cheyenne

Cheyenne officials identified a Meta data center construction project as the source of a rare bacterial contamination. The incident led the city to permanently stop accepting industrial wastewater from closed-loop data center cooling systems.

Times of India

يتطور·5 dk önce

EPFO Updates: New Rules for EPF Fund Withdrawals Explained

EPFO subscribers can now withdraw funds for specific needs like illness and education under the EPF 2026 Scheme. Withdrawals for marriage and housing are capped at five times, while special circumstances allow advances twice annually. A key change requires a 12-month wait for premature final settlement after leaving employment.

Economic Times

يتطور·6 dk önce

Indian Hairstylist Arrested in US for Cruise Ship Molestation

An Indian hairstylist, Pranit Narayan Pawar, was arrested in Seattle on charges of abusive sexual contact on a Virgin Voyages cruise ship. He allegedly molested multiple passengers by offering massages under the guise of hair appointments.

TOI World

يتطور·8 dk önce

NATO Summit in Ankara Focuses on Defense Spending and Ukraine Support

NATO leaders convened in Ankara to address defense spending and support for Ukraine. Key initiatives include the Multilateral Defence Mechanism (MDM) and the proposed Defence, Security and Resilience Bank (DSR Bank) to boost investment and procurement.

Times of India

يتطور·9 dk önce

Noida Authority to individually allot 19 kiosks near GIP Mall after bulk lease plan failed

Noida Authority will individually allot 19 kiosks near GIP Mall, revising a failed bulk lease plan. The new approach offers a 5-year lease and lower monthly rents (Rs 40,000-50,000), with bidding expected within two weeks.

Economic Times