India’s Union Budget 2026 may have relaxed outward investment norms and strengthened the case for global diversification, but currency volatility could change the return equation for foreign investors.In this edition of ETMarkets Smart Talk, Prashant Gupta, co-founder of Wealthy.in, explains why the rupee’s recent swings – after reaching 91.2 against the dollar and recovering towards […]
The Indian rupee welcomed 2026 with a marginal decline, weighed down by corporate dollar demand, while thin volumes in the first trading of the new year curbed any major moves, according to traders.The rupee opened lower at 89.9525 per US dollar on Thursday, against Wednesday’s close of 89.87. The currency moved within a narrow range […]
Market movements throughout the week were largely driven by macroeconomic developments and changing global signals. On the domestic side, the rupee slid to a new low of 90.56 against the US dollar, weighing heavily on risk sentiment. However, some respite came after the US Federal Reserve announced a 25 basis point rate cut, while optimism […]
The rupee started 10 paise weaker at 89.97 compared to the previous close and tested an intraday high/low of 89.9650/90.30 per dollar. | Photo credit: PTI The rupee breached the psychologically crucial 90 against the US dollar level on Wednesday to close at a new all-time low of 90.19, against the backdrop of continued FPI […]
Is 2025 a possible “ChatGPT moment” for stablecoins? That may be true, but given the glacial pace at which new payment technology is entering everyday grocery shopping, it could be easy to miss the change.Take EBANX. It’s a payment facilitator like Stripe Inc., but aimed at shoppers in emerging markets in Latin America, Africa and […]
The rupee witnessed intra-band trading on Wednesday and settled three paise lower for the day at 88.80 (provisional) against the US dollar. This followed a negative trend in domestic equities amid a rise in risk sentiment. Forex traders said the US dollar is holding steady, but beneath the greenback’s steady façade lies growing tension. The […]
Gold prices fell on Friday with RS 500 to RS 1.20,600 per 10 grams in the National Capital on Friday, ending a five-day record-extending rally, because investors achieved profit and a slight recovery in the US dollar roads on sentiment. According to the All India Sarafa Association, the yellow metal of 99.9 percent purity RS […]
The shares continued to slide on Thursday before the fourth day in a row, while the stunning walk in the Visa fees of the US H-1B continues to harm the investor sentiment. The Stock Infobeans technologies fell by 2.64 percent, TATA Consultancy Services declined by 2.50 percent, hexaware technologies lost 1.91 percent, HCL technologies declined […]
Golden prizes came back sharply with RS 800 to RS 1.14,000 per 10 grams in the National Capital on Friday tracking agency Worldwide signals in the midst of escalating geopolitical tensions and renewed trade frictions between the US and China. According to the All India Sarafa Association, the yellow metal of 99.9 percent purity was […]
Gold prices fell with RS 600 to RS 1.13.200 per 10 grams in the National Capital on Thursday, with a weak local demand and a stronger dollar followed after the cautious policy position of the US Federal Reserve Moisted Investors Appetite for the precious metal. According to the All India Sarafa Association, the yellow metal […]