The Indian rupee ended barely changed on Monday, as usual dollar demand met offsetting inflows, keeping the currency largely rangebound at the start of the week. The rupee moved in a narrow 10-paise band to end at 90.65 against its previous close of 90.6350. The rupee had jumped earlier this month, backed by the optimism…
On the AI disruption to the IT sector, Chawla believes that the last mile, comprising governance, data plumbing, workflows, etc., is where Indian IT has always created value, but it remains to be seen how companies adapt to new challenges. Edited excerpts: : Do you think the India-US trade deal will be the next trigger…
To decode what this shift means for investors, Feroz Azeez, joint chief executive of Anand Rathi Wealth, speaks with mint to cut through the macro noise and explain how the development could shape portfolios. Edited excerpts of the interview: Markets have cheered the move, with the Nifty, Sensex and even the rupee rallying sharply. Were…
USD vs INR: The Indian rupee recovered marginally on Tuesday, January 27, amid a softer US dollar and improved sentiment following a trade deal between India and the European Union, as announced by PM Narendra Modi. As of 12:45 pm IST, the rupee was up 0.06% at 91.724 per dollar, marking a mild rebound after…
UBS Investment Bank expects the Indian rupee to weaken to 92 per US dollar by March, making the case that any relief from a potential US–India trade deal announcement would likely be undermined by the central bank replenishing foreign exchange reserves. From near 90 per dollar levels currently, UBS’s forecast implies a roughly 2% depreciation…
USD vs INR: The Indian rupee slipped past the 90 per US dollar mark on Friday, weighed down by sustained dollar demand and persistent foreign investor outflows. During the morning session, the currency traded in a tight range and briefly appreciated by 6 paise to 89.92. However, traders noted that thin liquidity magnified normal demand–supply…
The Indian rupee started the new year on a negative note, as the currency depreciated against the US dollar in trade on Thursday, January 01, amid foreign fund outflows. Forex traders noted that the rupee has begun 2026 facing a mix of headwinds and supports. While global uncertainty remains, India’s solid macroeconomic fundamentals and healthy…
