Rupee Rise Crippling Exporters
Apr 12, 2017
Kotak Securities View On Rupee
Apr 06, 2017
On April 20, 2017 15:15 (IST)
Assocham has warned that Indian IT companies may be forced to displace workforce with a tightening H-1B visa regime in the United States as cost pressure would increase, aggravated by rising rupee leading to lower onsite placements for Indians.
On April 19, 2017 15:01 (IST)
"Indian IT companies are bound to face disruptions by way of higher costs and even some laying off work force back home, as the rising rupee is aggravating the situation further for the technology export firms," Assocham said in a report.
On April 06, 2017 18:37 (IST)
The benchmark 10-year bond yield rose 12 basis points to 6.77 percent, its biggest single-day rise since the previous RBI policy on Feb. 8.
On April 05, 2017 19:18 (IST)
Robust foreign portfolio investment inflows and export proceeds continued to give the rupee strong underlying support, despite relatively firm greenback overseas.
On April 03, 2017 17:39 (IST)
Indian stock markets continued their upward trend on the first day of the new fiscal year with Sensex ending at record high of 29,910, up 290 points.
On March 30, 2017 17:09 (IST)
The gains have been more pronounced since February 8, the day the RBI in a surprise move decided to keep interest rate unchanged and also signalled a change in its policy stance from "accommodative" to "neutral" .
On March 20, 2017 11:12 (IST)
The rupee has gained about 2 per cent to a 16-month high in March after PM Modi's landslide state election win, outperforming its Asian peers and all but five of the world's emerging-market currencies.
On March 16, 2017 17:09 (IST)
The Fed's tempered rate outlook has eased worries of a fresh burst of capital outflows from emerging economies such as India.
On March 31, 2017 23:20 (IST)
Petrol price will be cut by Rs 3.77 per litre, excluding state levies, said Indian Oil Corp (IOC). Actual decrease will be larger after taking into account the local levies.
On March 14, 2017 17:42 (IST)
Prime Minister Narendra Modi's big win in the key battleground state of Uttar Pradesh at the weekend cheered investors who see it giving the greenlight for more business-friendly reforms.
On March 14, 2017 17:05 (IST)
Analysts now expect PM Modi will be emboldened to embark on more reforms including foreign investment in the retail sector.
On March 13, 2017 09:02 (IST)
The rupee strengthened to 66.60/66.61 per dollar, the highest since November 9, from its previous close of 6.7125/66.7225.
On February 24, 2017 11:47 (IST)
Maha Shivratri is celebrated on the new moon day in the month of Maagha, according to the Hindu calendar.
On February 18, 2017 15:53 (IST)
According to the Edelweiss Forex rates annual currency outlook 2017, the outperformance of the rupee is unlikely to continue and US weak dollar policy can create some downside pressure on USD/INR in the near term.
On February 09, 2017 14:23 (IST)
The Reserve Bank's decision not to cut key policy rates is slightly negative for Indian equities and rupee in the near term, says a Nomura report.
On February 01, 2017 20:52 (IST)
Forex market sentiment turned highly buoyant after Finance Minister Arun Jaitley announced a fiscal deficit target that was in line with estimates along with proposal to further liberalize FDI policy.
On January 31, 2017 19:40 (IST)
Expectations of an economically balanced Budget by sticking to its fiscal consolidation path which will give room for the Reserve Bank of India to cut key rates along with robust capital inflows predominantly weighed on the local unit, despite a massive selloff in equities.
On January 09, 2017 18:50 (IST)
Forex market sentiment turned little shaky following lower economic growth projections stoked worries about its ability to meet its year-end growth target.