HONG KONG, July 16 (Reuters) – The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalation in Middle East hostilities added upside risk
Mumbai, July 14 (PTI) The rupee depreciated 48 paise to 96.16 against the US dollar in early trade on Tuesday as heightened geopolitical uncertainty put pressure on most Asian currencies, including the rupee. Forex traders said the rupee came under pressure due
New Delhi, Jul 13 (PTI) Gold prices declined Rs 1,500 to Rs 1.47 lakh per 10 grams in the national capital on Monday and silver slumped Rs 2,000 tracking West Asia uncertainties. The yellow metal of 99.9 per cent purity depreciated Rs
Mumbai, Jul 13 (PTI) Benchmark indices Sensex and Nifty ended flat on Monday as a sharp rally in crude oil prices due to escalating tensions in West Asia weighed on overall investor sentiment. Resilience in IT and consumer durables stocks, however, helped
NEW DELHI, July 13 (Reuters) – India’s retail inflation accelerated to 4.38% in June, government data showed on Monday, breaching the central bank’s 4% target for the first time in 16 months and setting the stage for an interest rate hiking cycle.
