Interim Budget: Direct, indirect taxes comprise 63 paise of every rupee in govt coffer
The interim Budget 2024-25 documents reveal that 63 paise of every rupee in government revenue will come from direct and indirect taxes, 28 paise from borrowings and other liabilities, 7 paise from non-tax revenue, and 1 paise from non-debt capital receipts. Direct taxes, including corporate and individual income tax, will contribute 36 paise, while indirect taxes such as GST, excise duty, and customs levy will account for 26 paise. The remaining 38 paise will be allocated for interest payments, states' share of taxes and duties, defence, central sector schemes, centrally-sponsored schemes, Finance Commission and other transfers, subsidies, pension, and other expenditures. Key Points
Economic TimesRupee rises 11 paise to settle at 83.16 against US dollar
Mumbai, Dec 22 (PTI) Rising for the first time this week, the rupee appreciated by 11 paise to settle at 83.16 against the US dollar on Friday amid a weak American currency and positive equity market sentiment. Strengthening crude oil prices and forex outflows, however, restricted the rupee’s gains, forex traders said. Crude oil price […] Key Points
ThePrintRupee falls 6 paise to 83.91 against US dollar
Mumbai, Sep 2 (PTI) The rupee declined 6 paise to close at 83.91 against the greenback on Monday on disappointing domestic macroeconomic data. However, positive domestic markets, wherein both the benchmark indices scaled lifetime high levels and foreign fund inflows cushioned the downside. Moreover, easing crude oil prices supported the local unit and restricted further […] Key Points
ThePrintRupee rebounds 14 paise to 83.20 against US dollar
Mumbai, Dec 28 (PTI) The rupee rebounded after two straight days of fall to settle 14 paise higher at 83.20 against the US dollar on Thursday, amid a weak American currency overseas and a rally in domestic equity markets. The inflow of foreign funds and a downward trend in crude oil prices also supported the […] Key Points
ThePrintRupee rises 8 paise to close at 82.09 against US dollar
Rising for the second straight session, the rupee appreciated 8 paise to close at 82.09 (provisional) against the US dollar on Friday, supported by softening crude oil prices in the international markets. Key Points
FinancialexpressRupee rises 18 paise to 82.77 against US dollar in early trade
India Business News: The domestic currency opened at 82.82 and touched 82.77 against the greenback, registering a rise of 18 paise. The rupee strengthened for the eighth c Key Points
Times Of IndiaRupee falls 6 paise to 83.23 against US dollar in early trade
The rupee stayed on downward track for the third consecutive session and depreciated by 6 paise to 83.23 against the US dollar in early trade on Thursday, tracking a firm American currency and negative equity market sentiment. Key Points
The Tribune IndiaRupee gains 5 paise to 81.97 against US dollar in early trade
The rupee strengthened by 5 paise to 81.97 against the US dollar in early trade on Wednesday on foreign fund inflows and gains in domestic equities. Key Points
The Tribune IndiaRupee falls 7 paise to 82.16 against US dollar
Falling for the second straight session, the rupee depreciated by 7 paise to 82.16 against the US dollar on Friday, as a strong greenback overseas weighed on investor sentiments. Key Points
FinancialexpressRupee rises 11 paise against US dollar
Mumbai, Apr 21 (PTI) Rising for the second straight session, the rupee appreciated 11 paise to close at 82.06 against the US dollar on Friday, supported by softening crude oil prices in the international markets. However, a muted trend in domestic equities and foreign fund outflows capped the gains in the rupee, traders said. At […] Key Points
ThePrintRupee falls 5 paise to 81.95 against US dollar ahead of RBI policy decision
India Business News: At the interbank foreign exchange, the domestic unit opened weak at 81.95 against the dollar, registering a decline of 5 paise over its last close. In Key Points
Times Of IndiaRupee rises 2 paise to 83.38 against US dollar in early trade
BSE Sensex trades at 66,028.72; Nifty rises 36.8 points to 19,831.5. The rupee appreciated 2 paise to 83.38 against the US dollar in early trade on Tuesday, track Key Points
The Tribune IndiaRupee falls 14 paise to 82.76 against U.S. dollar
The Rupee depreciated 14 paise to 82.76 against the U.S. dollar in early trade on May 19, as weak Asian peers and strength of the American currency in the overseas market weighed on investor sentiments. Key Points
The HinduRupee falls seven paise to 82.16 against U.S. dollar
Falling for the second straight session, the Rupee depreciated by seven paise to 82.16 against the U.S. dollar on May 12, as a strong greenback overseas weighed on investor sentiments. Key Points
The HinduRupee slips three paise to 82.12 against U.S. dollar in early trade
The Rupee declined three paise to 82.12 against the U.S. dollar in early trade on May 12, weighed down by a negative trend in domestic equities. Key Points
The HinduRupee falls 2 paise to 81.96 against U.S. dollar in early trade
The rupee declined 2 paise to 81.96 against the U.S. dollar in early trade on Thursday amid weak sentiments in the Asian markets and upward movement in the crude oil price. Key Points
The HinduRupee rises 10 paise to 81.96 against U.S. dollar in early trade
The Rupee gained 10 paise to 81.96 against the U.S. dollar in early trade on May 10 tracking the weakness of the American currency in the overseas market. Key Points
The HinduRupee rises 8 paise to 81.66 against U.S. dollar in early trade
The rupee gained 8 paise to 81.66 against the U.S. dollar in early trade on April 27 amid weak American currency in the overseas market. Key Points
The HinduRupee rises 11 paise to 82.01 against U.S. dollar
The Rupee gained 11 paise to 82.01 against the U.S. dollar in early trade on April 12 tracking a positive trend in domestic equities and foreign fund inflows. Key Points
The HinduRupee falls 15 paise to 82.31 against U.S. dollar
It finally ended at 82.31 (provisional), registering a fall of 15 paise over its previous close of 82.16. Key Points
The HinduRupee gains 15 paise to close at 82.16 against U.S. dollar
During the session, the rupee touched a high of 82.16 and a low of 82.28 against the dollar Key Points
The HinduRupee falls 8 paise to close at 83.18 against US dollar
Mumbai, Dec 19 (PTI) The rupee declined by 8 paise to settle at 83.18 against the US dollar on Tuesday due to dollar buying by importers amid lingering worries over oil supplies through the Red Sea route. Forex traders said that positive sentiment in the stock market, a weak greenback against major currencies overseas and […] Key Points
ThePrintRupee falls 3 paise against US dollar
Mumbai, Sep 27 (PTI) The rupee declined 3 paise to settle at 83.69 against the US dollar on Friday amid subdued domestic equity markets and increased month-end demand for the American currency. However, sliding crude prices in the international market and renewed foreign fund inflows supported the local unit and restricted the fall, forex dealers […] Key Points
ThePrintRupee gains 3 paise against US dollar
Mumbai, Dec 11 (PTI) The rupee appreciated 3 paise to 83.37 against the American dollar on Monday as investors stayed on the sidelines ahead of the US Federal Reserve meeting on interest rates. Persistent foreign fund inflows supported the rupee, but a strengthening US dollar overseas capped the gains, forex traders said. The US Federal […] Key Points
ThePrintRupee rises 3 paise against US dollar
Mumbai, Oct 10 (PTI) The rupee gained 3 paise to settle at 83.25 against the US dollar on Tuesday, as a rally in domestic equity markets boosted investor sentiment. However, elevated crude prices in the overseas markets and safe-haven dollar buying amid concerns over the conflict in the Middle East weighed on the domestic currency, […] Key Points
ThePrintRupee falls 2 paise to close at all-time low of 83.10 against US dollar
At the interbank foreign exchange, the domestic unit opened at 83.10 against the dollar, and it finally ended the day at the same level 83.10 (provisional), registering a fall of 2 paise from its previous close. Key Points
Economic TimesRupee surges 27 paise to 82.32 against U.S. dollar
The rupee jumped 27 paise to 82.32 against the U.S. dollar in early trade on March 23, 2023, amid a weak American currency and an inflow of foreign funds in the domestic equity market. Key Points
The HinduRupee rises 2 paise against US dollar
Mumbai, Sep 6 (PTI) The rupee gained 2 paise to close at 83.95 against the US dollar on Friday, tracking a weak greenback against major crosses overseas. However, a negative trend in domestic domestic equities and foreign fund outflows capped the gains in the local unit, forex traders said. At the interbank currency market, the […] Key Points
ThePrintRupee rises 5 paise to 83.19 against US dollar in early trade
India Business News: The Indian rupee appreciated 5 paise to 83.19 against the US dollar supported by positive domestic equities and foreign fund inflows. However, the Ind Key Points
Times Of IndiaRupee falls 9 paise to settle at 83.27 against US dollar
Mumbai, Dec 21 (PTI) The rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday as withdrawal of foreign funds amid concerns over global trade disruption through the Red Sea route dented investor sentiment. According to forex analysts, despite positive sentiment in the domestic equity markets and a weak American […] Key Points
ThePrintRupee falls 7 paise to close at 83.10 against US dollar on spike in crude oil
Mumbai, Dec 18 (PTI) The rupee surrendered its initial gains to settle 7 paise lower at 83.10 against the US dollar on Monday due to a spike in oil prices and a lacklustre trend in domestic equity markets. However, a weak greenback against major currencies overseas supported the local currency, forex traders said. At the […] Key Points
ThePrintRupee falls 4 paise to 83.32 against US dollar in early trade
India Business News: The Indian rupee fell 4 paise against the US dollar due to negative trends in domestic equities and foreign fund outflows. The rupee opened at 83.31 a Key Points
Times Of IndiaRupee falls 6 paise to end at 83.28 against US dollar
India Business News: The Indian rupee closed 6 paise lower at 83.28 against the US dollar on Friday due to sustained foreign fund outflows. The rupee remained range-bound Key Points
Times Of IndiaRupee declines 9 paise to 82.05 against dollar amid geopolitical worries
India Business News: The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Key Points
Times Of IndiaRupee falls 8 paise to 82.05 against U.S. dollar in early trade
The rupee depreciated by 8 paise to 82.05 against the U.S. dollar in early trade on June 23. Key Points
The HinduRupee rises 8 paise to 81.93 against U.S. dollar
The rupee appreciated by 8 paise to 81.93 against the U.S. dollar in early trade on June 22 amid weak American currency and robust inflow of foreign funds into domestic equity markets. Key Points
The HinduRupee falls 3 paise to 81.93 against US dollar
At the interbank foreign exchange, the domestic unit opened lower at 81.93 and moved in the range of 82.01 to 81.90 during intra-day. Key Points
FinancialexpressRupee up 30 paise to 81.95 against U.S. dollar
The rupee rose by 30 paise to 81.95 against the U.S. dollar in early trade on Friday amid gains in domestic equities and losses in crude oil prices. Key Points
The HinduRupee falls 16 paise to 82.21 against U.S. dollar
The rupee depreciated 16 paise to 82.21 against the U.S. dollar in early trade on Thursday, pulled down by the strength of the American currency on the back of a hawkish U.S. Federal Reserve. Key Points
The HinduRupee falls 4 paise to 82.29 against U.S. dollar
The rupee depreciated 4 paise to 82.29 against the U.S. dollar in early trade on Wednesday amid a muted trend in domestic equities. Key Points
The HinduRupee rises 7 paise to 82.40 against U.S. dollar in early trade
The rupee gained 7 paise to 82.40 against the U.S. dollar in early trade on June 12 amid easing crude oil prices and a positive trend in domestic equities. Key Points
The HinduRupee opens 4 paise lower at 82.59 against US dollar ahead of RBI Monetary Policy
In the Asian markets, the offshore Chinese yuan dropped below 7.1550 to the dollar, the lowest since November last year, on concerns over China’s economic outlook. Weighing on Asian currencies was the rise in US yields after a surprise rate hike by Bank of Canada (BoC). Key Points
mintRupee rises 5 paise to close at 82.55 against U.S. dollar
A research analyst said that Spot USDINR is expected to remain calm within the range of 82.20 to 82.90. Key Points
The HinduRupee rises eight paise to 82.52 against U.S. dollar
The Rupee gained eight paise to 82.52 against the U.S. dollar in early trade on June 7 amid a positive trend in domestic equities. Key Points
The HinduRupee rises 7 paise to 82.56 against U.S. dollar
The rupee gained 7 paise to 82.56 against the U.S. dollar in early trade on June 6 tracking the weakness of the American currency in the overseas market. Key Points
The HinduRupee rises 8 paise to 82.77 against U.S. dollar
The rupee gained 8 paise to 82.77 against the U.S. dollar in early trade on May 24, 2023 supported by foreign fund inflows Key Points
The HinduRupee rises by 3 paise to 82.81 against U.S. dollar
The Rupee gained 3 paise to 82.81 against the US dollar in early trade, supported by foreign fund inflows and a positive trend in domestic equities on May 23. Key Points
The HinduRupee falls 13 paise to 82.80 against U.S. dollar
The rupee depreciated 13 paise to 82.80 against the U.S. dollar in early trade on May 22, after the central bank said it will withdraw the highest value currency note from circulation. Key Points
The HinduRupee falls 4 paise to 82.41 against U.S. dollar in early trade
The rupee depreciated 4 paise to 82.41 against the U.S. dollar in early trade on May 18, as weak Asian peers and strong American currency weighed on investor sentiments. Key Points
The HinduRupee falls 10 paise to 82.35 against U.S. dollar in early trade
The rupee depreciated 10 paise to 82.35 against the U.S. dollar in early trade on May 17, weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Key Points
The HinduRupee rises 10 paise to 82.21 against U.S. dollar on FII inflows
The rupee appreciated by 10 paise to 82.21 against the U.S. dollar on May 16, 2023, as the American currency retreated from its elevated levels. Key Points
The HinduRupee rises 15 paise to 81.65 against U.S. dollar in early trade
The rupee gained 15 paise to 81.65 against the U.S. dollar in early trade on May 4. Key Points
The HinduRupee rises 10 paise to 81.72 against U.S. dollar
The rupee gained 10 paise to 81.72 against the U.S. dollar in early trade on May 2 tracking a weak American currency and a firm trend in domestic equities. Key Points
The HinduRupee falls 10 paise to close at 81.84 against US dollar
On Wednesday, the rupee closed at 81.74 against the US currency. Key Points
FinancialexpressRupee falls six paise to 82.01 against U.S. dollar
The Rupee depreciated six paise to 82.01 against the U.S. dollar in early trade on April 26, weighed down by foreign fund outflows and a negative trend in domestic equities. Key Points
The HinduRupee rises 9 paise to 82.16 against U.S. dollar in early trade
The rupee gained 9 paise to 82.16 against the U.S. dollar in early trade on Thursday as crude oil prices retreated from its elevated levels. Key Points
The HinduWorkers’ strike hits wheat procurement in Sangrur
Mandi workers in Sangrur district went on strike after the state government increased their wage by only 12 paise instead of the promised 25%. This disrupted wheat procurement in the region. Key Points
Hindustan TimesRupee falls 12 paise to 81.97 against U.S. dollar
The rupee depreciated 12 paise to 81.97 against the U.S. dollar in early trade on April 17 Key Points
The HinduRupee rises 24 paise to 81.78 against U.S. dollar
The rupee gained 24 paise to 81.78 against the U.S. dollar in early trade on April 10 tracking a positive trend in domestic equities and foreign fund inflows. Key Points
The HinduRupee climbs 30 paise to 82.02 against US dollar
At the interbank foreign exchange market, the local unit opened strong at 82.08 and touched an intra-day high of 81.92 and a low of 82.20 against the greenback. Key Points
FinancialexpressRupee rises 24 paise to 81.73 against US dollar in early trade
India Business News: At the interbank foreign exchange, the domestic unit opened at 81.85 against the dollar, then climbed to 81.73, registering a rise of 24 paise over it Key Points
Times Of IndiaRupee falls 19 paise to 82.94 against US dollar
India Business News: The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.04 per cent to 105.25. Key Points
Times Of IndiaRupee edges lower by 2 paise to close at 82.86 against US dollar
Mumbai, Mar 15 (PTI) The rupee declined 2 paise to close at 82.86 against the US dollar on Friday, weighed down by unabated foreign fund outflows and a negative trend in domestic equities. Forex traders said elevated American currency overseas and crude oil prices in the international market also dented investors’ sentiments. At the interbank […] Key Points
ThePrintRupee falls 8 paise to settle at 82.75 against US dollar
Mumbai, Mar 11 (PTI) The rupee declined by 8 paise to settle at 82.75 against the US dollar on Monday, tracking bearish equity markets. Forex analysts said weakness in the US dollar and a decline in crude oil prices cushioned the downside. At the interbank foreign exchange market, the local unit opened at 82.74 and […] Key Points
ThePrintRupee settles 3 paise higher at 82.88 against US dollar
Mumbai, Feb 26 (PTI) The rupee gained 3 paise to settle at 82.88 against the US dollar in a range-bound trade on Monday, tracking volatility in the equity market. Forex traders said softer crude oil prices provided support to the Indian currency. Also, the dollar retreated from higher levels as investors moved cautiously ahead of […] Key Points
ThePrintRupee rises 4 paise to settle at 82.97 against US dollar
Mumbai, Feb 20 (PTI) The rupee appreciated 4 paise to settle at 82.97 against the US dollar on Tuesday amid robust equity market sentiment and a weak American currency. Forex traders said sustained foreign funds outflows capped a sharp gain in the domestic currency. At the interbank foreign exchange market, the local unit opened at […] Key Points
ThePrintRupee falls 2 paise to close at 83.38 against US dollar
India Business News: The rupee settled lower against the US dollar after the Reserve Bank of India kept the policy rate unchanged at 6.5%. The six-member Monetary Policy C Key Points
Times Of IndiaRupee falls 14 paise to 83.23 against US dollar
Mumbai, Nov 16 (PTI) The rupee declined by 14 paise to settle at 83.23 against the US dollar on Thursday as a firm greenback in the overseas markets weighed on investor sentiments. However, a firm trend in domestic equities and losses in crude oil prices helped the rupee to restrict the fall, forex dealers said. […] Key Points
ThePrintPower bills to be dearer by ₹2.89 per unit for Bescom consumers in June
The electricity tariff for Bescom consumers for June will be up by ₹2.89 per unit, owing to fuel and power purchase cost adjustment, as well as arrears from April. Key Points
The HinduRupee falls 25 paise to close at 82.10 against US dollar
At the interbank foreign exchange, the domestic unit opened at 81.90 against the dollar, and finally ended the session at 82.10 (provisional), 25 paise lower down from its previous close. Key Points
FinancialexpressRupee falls 5 paise to settle at 83.37 against US dollar
Mumbai, Nov 30 (PTI) The rupee on Thursday snapped a two-day rising streak to settle 5 paise lower at 83.37 against the US dollar amid strengthening American currency overseas and rising crude oil prices. Forex analysts said the rupee remained under pressure as crude prices were close to USD 84 per barrel ahead of the […] Key Points
ThePrintPunjab VAT hike blow to Mohali pump owners
The rate of diesel is ₹89.25 paise per litre on Sunday, while in Chandigarh diesel is being sold at ₹84.26 per litre with a difference of ₹ ₹4.99 paise; in Panchkula, diesel is being sold at ₹90.19 per litre Key Points
Hindustan TimesRupee falls 2 paise to hit all-time low of 83.71 against US dollar
Mumbai, Jul 24 (PTI) The rupee depreciated 2 paise to hit its all-time closing low of 83.71 against the US dollar on Wednesday, weighed down by a strong dollar against major crosses overseas amid investors’ weak appetite for riskier assets. Forex traders said the increase in capital gains tax and removal of indexation benefits announced […] Key Points
ThePrintRupee falls 4 paise to close at 83.33 against US dollar
Mumbai, Mar 27 (PTI) The rupee declined by 4 paise to close at 83.33 against the US dollar on Wednesday, tracking a strong American currency against major rivals overseas and weak Asian peers. However, foreign fund inflows, a surge in domestic markets and a decline in crude oil prices cushioned the downside, forex traders said. […] Key Points
ThePrintRupee jumps 32 paise to close at 83.29 against US dollar
Mumbai, Mar 26 (PTI) The rupee recovered from all-time low level and appreciated 32 paise to close at 83.29 against the US dollar on Tuesday on decline in the US dollar and positive Asian currencies. Forex traders said weak domestic markets and surge in crude oil prices capped sharp gains for the local unit. At […] Key Points
ThePrintRupee declines 13 paise against US dollar
Mumbai, Mar 19 (PTI) The rupee depreciated 13 paise to 83.03 against the US dollar on Tuesday, weighed down by a heavy selloff in domestic equities and a surging greenback against major crosses overseas. Besides, foreign capital outflows also hit investors’ sentiment, forex traders said. At the interbank foreign exchange market, the local unit opened […] Key Points
ThePrintRupee slips 2 paise against US dollar
Mumbai, Mar 1 (PTI) The rupee declined 2 paise to close at 82.91 against the US dollar on Friday amid rising crude oil prices in the overseas market and increased demand for the American currency from importers. However, a rally in equity markets and robust domestic macroeconomic data supported the local currency and restricted the […] Key Points
ThePrintRupee plunges 26 paise against US dollar
Mumbai, Jan 16 (PTI) The rupee slumped 26 paise to 83.12 against the US dollar on Tuesday, as a strong greenback against major rivals overseas and a negative equity market dented investor sentiment. Besides, volatile crude oil prices in the international markets weighed on the domestic currency, forex traders said. At the interbank foreign exchange, […] Key Points
ThePrintRupee rises 2 paise to close at 83.01 against US dollar
Mumbai, Jan 11 (PTI) The rupee appreciated 2 paise to close at 83.01 against the US dollar on Thursday, tracking its Asian peers and positive domestic equities. This is the seventh straight session of rise for the local unit, during which it has added 31 paise, since the level of 83.32 versus dollar recorded on […] Key Points
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