Home » Business » Economy

Economy - Page 81

The onshore yuan fell as much as 0.6 percent to 7.3084 per dollar, its weakest level since December 2007 and close to the lower limit of the trading band set by the central bank on Tuesday.

China-'s yuan hits 15-year low after Xi extends rule

BEIJING: China's yuan hit a 15-year low against the US dollar on Tuesday, with investors spooked after President Xi...

25 Oct 2022 3:51 PM IST

Rishi Sunak addresses Conservative Party members during a Conservative leadership election hustings at Wembley Arena in London. (AP Photo/Kirsty Wigglesworth)

Political stability in UK may give impetus to India-Britain trade pact...

NEW DELHI: Rishi Sunak becoming the UK's prime minister is likely to give much-needed momentum to ongoing...

25 Oct 2022 3:22 PM IST

Indian rupee appreciated by 25 paise to 76.02 against the US dollar in early trade on Wednesday. (PTI Photo)

Rupee bounces back by 25 paise to close at 82.75 against US dollar

MUMBAI: The rupee rebounded from its lifetime lows to close 25 paise higher at 82.75 (provisional) against the US dollar...

20 Oct 2022 4:24 PM IST

Indian rupee appreciated by 25 paise to 76.02 against the US dollar in early trade on Wednesday. (PTI Photo)

Rupee plunges 61 paise to dip below 83-mark for first time against...

MUMBAI: The rupee plunged 61 paise to decline below the 83-mark for the first time against the US dollar on Wednesday...

19 Oct 2022 5:07 PM IST

Continuing with the depreciation, Rupee slipped further from the past weeks low and hit another lifetime low on Monday morning. (ANI)

Rupee falls 7 paise to close at 82.37 against US dollar

MUMBAI: The rupee pared its initial gains to close 7 paise down at 82.37 (provisional) against the US dollar in a...

18 Oct 2022 4:36 PM IST

Continuing with the depreciation, Rupee slipped further from the past weeks low and hit another lifetime low on Monday morning. (ANI)

Rupee falls 11 paise to close at 82.30 against US dollar

MUMBAI: The rupee depreciated by 11 paise to close at 82.30 (provisional) against the US dollar on Monday as risk-off...

17 Oct 2022 4:53 PM IST

Union Finance Minister Nirmala Sitharaman addresses the 105th Annual General Meeting of Federation of Karnataka Chambers of Commerce and Industry (FKCCI), in Bengaluru. (Photo: PTI)

India calls for collective responsibility for preventing risks from...

At G20 meet, Nirmala Sitharaman says India wants to rebuild trust in multilateralism

14 Oct 2022 8:02 AM IST

Union Finance Minister Nirmala Sitharaman addresses the 105th Annual General Meeting of Federation of Karnataka Chambers of Commerce and Industry (FKCCI) (PTI Photo/Shailendra Bhojak)

Sitharaman flags energy and food security risks for India

NEW DELHI/ WASHINGTON: Flagging concern over the current high inflation in India, Union finance minister Nirmala...

12 Oct 2022 9:48 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee falls 14 paise to close at 82.35 against US dollar

NEW DELHI: The rupee fell 14 paise to close at 82.35 (provisional) against the US dollar on Wednesday amid the...

12 Oct 2022 4:36 PM IST

India is doing better and is in a relative bright spot compared to the other countries in the region, IMF Director of Asia and Pacific Department, Krishna Srinivasan, said. (AFP file)

India is doing better and in relatively bright spot compared to...

The IMF in its World Economic Outlook projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in...

12 Oct 2022 10:44 AM IST

The S&P Global India Services Purchasing Managers Index fell to 54.3 in September from Augusts 57.2, a private survey showed on Thursday. (File image)

Services PMI falls to 6-month low in Sept.

New Delhi: With the weaker sales and inflationary pressures, India's services sector activity hit a six-month low in...

7 Oct 2022 6:10 PM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

RBI to soon launch e-rupee on pilot basis for limited use

MUMBAI: The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases as it...

7 Oct 2022 5:47 PM IST