Will Sensex, Nifty snap 7 sessions gaining streak? Dr Reddy’s, Bharti Airtel, M&M, IRCON stocks eyed
The BSE Sensex and Nifty50 are likely to open lower on Thursday, tracking soft cues from global peers and negative trend at Gift Nifty.
rupee
December 2023
October 2023
August 2023
July 2023
June 2023
May 2023
The Rupee Got Its Mojo Back!
The rupee is holding strong against the dollar index compared with six major currencies in Asia.
RBI asks banks to settle U.A.E. trade in rupee: Report
This comes a month after PM Modi and U.A.E. President discussed developing the local currency settlement system between the two countries to settle bilateral trade.
4 neighbouring countries, Iran, Russia trading in INR with India: Govt
With Russia, India has initiated "rupee trade mechanism" for trade in INR; with Iran, bilateral trade payments arrangement was adopted in 2018, says govt
Paying for Russian oil in Yuan will hurt globalisation of Rupee
Indian oil refining firms paying in Yuan for Russian oil may be inevitable but would open a floodgate to weaken INR further; Brazil, B'desh, and Argentina shifting to Yuan trade is a big threat too
Why IT stocks are under stress despite weak rupee
Shares of TCS, Infosys, Wipro, HCL Technologies, and Tech Mahindra fell up to 2%, in sync with a weak broader market.
Sign bilateral pacts for Rupee-based trade: RSS affiliate SJM to Centre
The suggestion came during the National Council Meeting of SJM held in Pune during the 3rd and 4th of June.
The 'R' Club Dare to U.S. Dollar
The 'R' Club' led by rupee, renminbi, rouble, real, rand, riyal, rupiah & ringgit is posing serious threat to the greenback.
India Inc.'s Young Brigade
Countries wary of excessive dollar outflows, especially those who run trade deficit with India, have started signing rupee trade settlement deals.
Dollar supremacy undermined as petrodollar ally joins Shanghai Cohort
How China is using diplomacy to dethrone the USD and establish Renminbi as global currency
