‘Kaal’ can become oil shock for Indian market! Will investors’ money be lost? Rising tensions in the Middle East, especially between Iran, Israel and the US, have shaken the global economy. Indian stock markets, which were already under pressure due to sluggish profits and global slowdown, are now facing a new challenge ‘oil shock’. India…
MUMBAI: The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets. The rupee opened 25 paise lower at 91.2462 per dollar and slipped to an intraday low…
Mumbai: The rupee’s movement will hinge on the fine print of the proposed India–US trade deal, Reserve Bank of India governor Sanjay Malhotra said on Friday. “The deal has so far been announced and we saw the strengthening of the rupee after that. The impact on the rupee will depend on the fine print,” said…
