Finance Minister Nirmala Sitharaman stated the government is closely monitoring exchange rates, highlighting the widespread depreciation of currencies...
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Moody's indicates that most Indian companies are shielded from rupee depreciation because of mitigating factors, whereas govt-owned oil marketing companies, Ola, and UltraTech Cement are adversely affected. OMCs experience a currency mismatch with rupee-linked marketing revenues and US dollar feedstock costs, which are partially offset by US dollar-linked fuel sales and government support.
Finance Minister Nirmala Sitharaman stated the government is closely monitoring exchange rates, highlighting the widespread depreciation of currencies...
Finance Minister Nirmala Sitharaman stated the government is closely monitoring exchange rates, highlighting the widespread depreciation of currencies...
Indian equity markets faced headwinds from US tariff hikes and the Russia-Ukraine conflict, partially offset by GST reforms. Bond yields rose as the...
Indian equity markets faced headwinds from US tariff hikes and the Russia-Ukraine conflict, partially offset by GST reforms. Bond yields rose as the...
The Indian rupee plummeted to a record low of 88.35 against the US dollar, pressured by ongoing trade tensions between India and the US, continuous...
The Indian rupee plummeted to a record low of 88.35 against the US dollar, pressured by ongoing trade tensions between India and the US, continuous...
Equity markets are poised to react to the US Federal Reserve's policy meeting this week, with expectations high for an interest rate cut. Wholesale...
Equity markets are poised to react to the US Federal Reserve's policy meeting this week, with expectations high for an interest rate cut. Wholesale...