High prices crash India gold demand 17% in Q1
Global factors, primarily US interest rate hikes, pushing up dollar prices, coupled with rupee depreciation, kept gold prices above ₹60,000/10g, nearly a 19% jump over last year
rupee depreciation
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Rupee depreciation among lowest in the world: RBI governor
The Indian rupee has depreciated by 5.1%, which is among the lowest in the world, says RBI governor Shaktikanta Das.
Rupee devaluation hits ability to buy goods, services, petrol, diesel
Around 76% of respondents to a survey say they will be able to afford less in coming years as higher import costs will get reflected in products they buy
Has gold lost its glitter?
After a fall in prices in 2021 so far, gold is becoming attractive again. Analysts believe the rupee depreciation and potential inflation may spur it to a new high in the latter half of 2021.
Macro pains hit auto stocks
Auto sector stocks fell sharply on Thursday amid rising fuel prices and depreciating rupee.
More than just liquidity infusion required
The RBI finally opens the financing tap to calm an increasingly volatile stock market, but that alone is unlikely to gain the confidence of the investors in the long-run.
Apocalypse-in-waiting or pressure relief and rebalancing?
The rapid devaluation in the currency is the remedy that countries use to resolve various imbalances in the economy.
India Inc’s Q2 revenue growth could reach 12.1%
Steel, IT, FMCG and retail are expected to lead the momentum in revenue growth.
Understanding the upside and downside of the depreciating rupee
Unlike importers, exporters can benefit from a depreciating rupee.
RBI’s rupee dilemma
The RBI and its governor, Urjit Patel, are trying to manage a steadily depreciating currency, rising prices, global trade wars, and a flight of capital. But there are obstacles ahead.
