In the arena of international diplomacy, silence is rarely just silence. When US Commerce Secretary Howard Lutnick announced in January that a historic trade deal with India had stalled because Prime Minister Narendra Modi “failed to call” President Trump to finalize terms, the explanation was as convenient as it was implausible. To the casual observer, […]
The Indian rupee fell on Friday but managed to stay above all-time lows thanks to periodic dollar sales by state-owned banks, which also helped the currency end the month quietly. The rupee had risen to a peak of 87.6250 earlier this month following a central bank crackdown, but has since lost those gains and is […]
The rupee appreciated 10 paise to close at 88.69 (provisional) against the US dollar on Friday, thanks to strength in domestic markets and general weakness in crude oil prices. Forex traders said the rupee rose on strong domestic markets and a decline in commodity prices. Central bank intervention also supported the domestic currency. However, a […]
The Indian rupee hovered near all-time lows on Thursday as a likely intervention from the Reserve Bank of India helped stave off continued pressure on the South Asian currency. The rupee closed at 88.7825 against the US dollar, almost flat on the day but within reach of last week’s low of 88.80. Sustained dollar selling […]
Golden prices shot up with RS 2,700 to scale a new peak of RS 1.23,300 per 10 grams in the national capital on Monday, lifted by buying a safe haven on the overseas markets.According to the All India Sarafa Association, the yellow metal of 99.9 percent purity was closed at RS 1.20,600 per 10 grams […]
The Indian rupid closed a little weaker on Friday and stabilized just above its lowest low, but the sentiment kept skewed against the currency on the back of running trading ripens in the US India and the outflows of portfolio. The currency remained under pressure, even when the dollar was on course to write down […]
The decision of the American Federal Reserve to reduce interest rates in September 2025 by 25 basic points, so that the federal funds rate is brought to a reach of 4.00%–4.25%, marks a crucial shift in global monetary policy. With two more cuts for the rest of the year, the move reflects the growing concern […]
The Indian rupid finished marginal higher on Tuesday, but came from the high of the day, because the demand for importer to the Greenback brought the recovery that witnessed in the session earlier. The currency ended at 88,1550, marginal an increase of 0.05% compared to the closure of Monday of 88.1950. It reached an intraday […]
Bitcoin, once the unmanageable child of Finance, shows signs of maturity while his wild swings fades, forcing speculative traders to hunt a new playground.The world’s largest cryptocurrency is more behaved like a blue chip supply, while the buy-and-hold investors of Wall Street invade. The volatility of the annual annual has fallen to a once infallible […]
The Indian rupid weakened on Friday against a stronger dollar prior to a speech by the Federal Reserve chairman Jerome Powell, in which a Volatile Week was concluded for the Asian currency put under pressure by American tariff-related uncertainties. The currency closed 0.3% lower on Friday at 87,5300, towards the end of 87.27 in the […]