Mumbai, Jan 13 (PTI) The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session on Monday due to strengthening of the American currency and surging crude
Mumbai, Jan 13 (PTI) The rupee’s slide show went on for the second straight session on Monday as it crashed 27 paise to hit a new lifetime low of 86.31 against the US dollar, dragged down by a robust American currency amid
Jan 13 (Reuters) – India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government’s estimate of 4.9%, primarily driven by lower expenditure, finance daily Mint reported on Monday. Lower spending
MUMBAI, Jan 13 (Reuters) – The RBI (Indian central) was likely selling dollars to support the rupee on Monday, after the currency slumped to its all-time low as the dollar surged on expectations that the Federal Reserve will not cut rates by