Rupee falls 19 paise to close at 74.31 against U.S. dollar
The Hindu
On Friday, the rupee had settled at 74.12 against the U.S. dollar.
The rupee tumbled 19 paise to close at 74.31 against the U.S. dollar on Monday as a stronger greenback against key rivals and rising crude oil prices weighed on investor sentiment.
At the interbank Foreign exchange market, the local currency opened at 74.16 and witnessed an intra-day high of 74.13 and a low of 74.41 against the U.S. dollar in day trade.
The local unit finally settled at 74.31 a dollar, down 19 paise over its previous close. On Friday, the rupee had settled at 74.12 against the U.S. dollar.
Rupee falls 10 paise to 90.44 against the U.S. dollar amid foreign fund outflows and stable equity markets.
India's exports grew 1.87% to $38.5 billion in December 2025, showing resilience amid global uncertainties, says Commerce Secretary.
India's coal production rose 3.6% in December, surpassing targets, despite a slight year-to-date decline and lower dispatch to power sectors.
Oil prices drop 3% after Trump reassures that Iran has halted killings of protesters, easing supply shock fears.
Air India announces flight delays and cancellations due to rerouting around Iran's closed airspace amid regional tensions.
ILO report highlights stagnant global unemployment, with rising job challenges for youth and women, and persistent extreme poverty.
Infosys has revised its FY26 revenue guidance upward to a range of 3-3.5% from the earlier forecast of 2-3%
The World Economic Forum identifies cybersecurity and income inequality as India's top risks for 2026, amid global geoeconomic concerns.
Stock markets decline for the second consecutive day, with Sensex dropping 245 points amid geopolitical tensions and foreign fund outflows.
IOC and BPCL announce significant oil discoveries in Abu Dhabi, enhancing India’s energy security and expanding their international portfolio.
Wholesale price inflation rises to 0.83% in December 2025, driven by increasing food and manufactured goods prices.
Nestle CEO apologizes for infant formula recall, assuring customers that all affected batches have been announced.
China's trade surplus reaches a record $1.2 trillion, driven by rising exports despite geopolitical tensions and slowing U.S. shipments.