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Rupee appreciates by 8 paise to 84.38 against US dollar in early trade

Rupee appreciates by 8 paise to 84.38 against US dollar in early trade

The rupee recovered from its all-time low, appreciating by 8 paise to 84.38 against the US dollar in Monday’s early trade, supported by lower crude oil prices

18 November,2024 09:48 AM IST | Mumbai
Continuous sell-off by foreign investors may pressure India's balance of payment

Continuous sell-off by foreign investors may pressure India's balance of payment

A report by DSP Asset Managers warns that a combined sell-off by foreign investors and rising crude oil prices could put significant pressure on India's Balance of Payments, which may lead to economic instability.

12 November,2024 10:32 AM IST | New Delhi
Sensex, Nifty rise in early trade on value buying and market optimism

Sensex, Nifty rise in early trade on value buying and market optimism

The Sensex and Nifty gained in early trade on Tuesday, driven by value buying and sustained investments from domestic institutional investors. The rally followed optimism in the US markets.

12 November,2024 10:20 AM IST | Mumbai
India’s purchase of Russian oil helped stabilise global prices, says Puri

India’s purchase of Russian oil helped stabilise global prices, says Puri

Union Minister Hardeep Singh Puri explained India’s decision to purchase Russian oil, stating it helped prevent a steep rise in global oil prices and ensured energy security. Puri highlighted the importance of oil in the global market and emphasised India's commitment to competitive sourcing.

08 November,2024 09:17 AM IST | Abu Dhabi | mid-day online correspondent
US elections: Global energy outlook expected to shift if Trump returns to WH

US elections: Global energy outlook expected to shift if Trump returns to WH

Trump's influence on the energy sector could lead to lower crude prices, though external factors will play a significant role. Around 11:40 am on Thursday, Brent Crude prices had surged 0.65 per cent to $75.41 per barrel

07 November,2024 02:39 PM IST | New Delhi | mid-day online correspondent
Oil prices stable as India broadens crude supply options, says Hardeep Puri

Oil prices stable as India broadens crude supply options, says Hardeep Puri

Union Petroleum Minister Hardeep Singh Puri reassures that oil prices in India are expected to remain steady despite global geopolitical tensions, highlighting India's diverse crude supply sources and focus on energy security.

05 November,2024 11:59 AM IST | New Delhi
Rupee settles flat at 84.07 against the US dollar amid market fluctuations

Rupee settles flat at 84.07 against the US dollar amid market fluctuations

The Indian rupee settled flat at 84.07 against the US dollar, supported by positive domestic markets and declining crude oil prices, though persistent foreign fund outflows continue to exert pressure on the currency.

29 October,2024 04:48 PM IST | Mumbai
Rupee gains 1 paisa, settles at 84.07 against dollar on lower crude prices

Rupee gains 1 paisa, settles at 84.07 against dollar on lower crude prices

The rupee remained steady with a slight gain, closing at 84.07 against the US dollar on Monday, supported by lower crude prices and strong domestic equities. Persistent foreign fund outflows, however, kept the currency under pressure.

28 October,2024 04:06 PM IST | Mumbai
Asian stocks mostly higher, Nikkei falls ahead of Japan's weekend election

Asian stocks mostly higher, Nikkei falls ahead of Japan's weekend election

Asian stocks saw gains on Friday, except in Japan where the Nikkei index fell ahead of a weekend election. Investors are waiting for the outcome as political uncertainty and inflation data weigh on the markets.

25 October,2024 10:59 AM IST | Hong Kong
Asian markets decline as Wall Street experiences third consecutive loss

Asian markets decline as Wall Street experiences third consecutive loss

Asian stock markets experienced declines on Thursday, following a third straight day of losses on Wall Street. Japan's Nikkei and China's major indices were particularly affected by worsening economic indicators and rising Treasury yields, while oil prices saw a slight increase.

24 October,2024 12:10 PM IST | Hong Kong

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