Rs steady against $ in CY24, weakens vs euro, pound

The rupee has remained largely stable against the US greenback in the current calendar year (CY 2024), depreciating by just 0.59 per cent so far. Illustration: Dominic Xavier/Rediff.com However,......

Rupee expected to weaken more to touch $83.5, may improve in Sep

The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business......

Sensex, Nifty tank over 1% on losses in HDFC twins

Benchmark indices Sensex and Nifty declined more than 1 per cent at close on Friday due to a heavy sell-off in index major HDFC twins after reports that their merger could lead to outflows of......

Inflation to further decline, assures Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there......