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SBI report: Trump’s Influence on Indian Rupee expected to be temporary

SBI report: Trump’s Influence on Indian Rupee expected to be temporary

Historical data referenced in the report shows that the Indian rupee tends to perform better during Republican presidencies compared to Democratic ones

14 January,2025 12:27 PM IST | New Delhi | mid-day online correspondent
Mumbai: Cops bust fake currency racket; four arrested

Mumbai: Cops bust fake currency racket; four arrested

Byculla police nab four, suspect gang may be involved with other smaller operations in the city

13 January,2025 07:51 AM IST | Mumbai | Apoorva Agashe
Mumbai Police busts gang printing and selling fake Indian currency notes

Mumbai Police busts gang printing and selling fake Indian currency notes

As many as 200 fake Rs 500 notes were found in their possession which turned out to be counterfeit, an official said

12 January,2025 07:23 PM IST | Mumbai | Asif Rizvi
Decoding the effect of a smear campaign on a celebrity's social currency

Decoding the effect of a smear campaign on a celebrity's social currency

In the wake of the Blake Lively-Justin Baldoni lawsuit and very public online smear campaign, we ask Bollywood publicists, managers, entertainment editors and trade gurus about just how much can a smear campaign affect a celebrity’s social currency

12 January,2025 09:02 AM IST | Mumbai | Mohar Basu
India's forex reserves steadily declines, kitty now stands 10 percent below peak

India's forex reserves steadily declines, kitty now stands 10 percent below peak

The reserves have been falling, most likely as a result of RBI intervention aimed at forcefully preventing the rupee from depreciating sharply

05 January,2025 04:48 PM IST | New Delhi | mid-day online correspondent
India and Maldives deepen ties with new framework for local currency trade

India and Maldives deepen ties with new framework for local currency trade

India and the Maldives finalise a framework to promote local currencies for cross-border trade. External Affairs Minister S. Jaishankar reaffirms India's commitment to the island nation during talks with Maldivian Foreign Minister Abdulla Khaleel in New Delhi.

03 January,2025 01:58 PM IST | New Delhi
Rupee drops 11 paise to 85.75 against US dollar in early trade

Rupee drops 11 paise to 85.75 against US dollar in early trade

The Indian rupee weakened by 11 paise, reaching 85.75 against the US dollar in early trade, as the dollar index remained strong and foreign fund outflows dampened market sentiment. The outlook for the rupee remains under pressure with global markets experiencing lower trading volumes.

02 January,2025 09:58 AM IST | Mumbai
Rupee slips to 85.69 against US dollar in early trade

Rupee slips to 85.69 against US dollar in early trade

The Indian rupee depreciated by 5 paise to 85.69 against the US dollar in early trade, influenced by a stronger dollar and continued foreign fund outflows. Market analysts suggest limited cash dollar demand due to the holiday season.

01 January,2025 10:53 AM IST | Mumbai
Tempo driver cheated of Rs 5 lakh on pretext of foreign currency exchange

Tempo driver cheated of Rs 5 lakh on pretext of foreign currency exchange

The accused met the 26-year-old victim between December 21 and 22 on a highway at Sanpada in Maharashtra's Navi Mumbai township

25 December,2024 01:27 PM IST | Thane | mid-day online correspondent
Rupee falls to 85.16, hitting a new all-time low against the US dollar

Rupee falls to 85.16, hitting a new all-time low against the US dollar

The rupee fell to a record low of 85.16 against the US dollar, driven by capital outflows, a stronger dollar, and rising crude oil prices. Despite positive domestic equity trends, the rupee's decline continues

24 December,2024 09:32 AM IST | Mumbai

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