The Week19m
Currency depreciation: Will the rupee keep falling?
A weaker Indian currency and a strengthening US dollar may invite significant challenges to the economy in forex and import-export ...
Chennai-based TBML scam: Seven convicted as ED uncovers international money laundering operation to Hong Kong
CHENNAI: Five years after the Enforcement Directorate (ED) began investigating an international Trade Based Money Laundering ...
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Rupee falls 4 paise to close at record low of 85.79 against US dollar
The rupee depreciated 4 paise to close at a record low of 85.79 against the US dollar on Friday, as strong dollar demand from importers and a muted trend in domestic equities weighed on investors' ...
Indices plunge on profit selling, Nifty holds 24,000 mark
The S&P BSE Sensex dropped 720.60 points or 0.90% to 79,223.11. The Nifty 50 index slipped 183.90 points or 0.76% to 24,004.75.
Rupee logs 9th straight week of losses, analysts expect more weakness
The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth ...
Rupee expected to weaken more in coming months
In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.