Rupee rises 23 paise to 76.09 against U.S. dollar
The Hindu
The U.S. dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.37%to 96.15
The rupee recovered 23 paise to close at 76.09 (provisional) against the U.S. dollar on Thursday, reacting to the U.S. Federal Reserve's announcement on ending bond-buying stimulus by March.
At the interbank forex market, the local unit opened at 76.31 against the greenback and witnessed an intra-day high of 76.06 during the day's trade.
On Wednesday, the rupee plunged by 44 paise to close at a 20-month low of 76.32 against the American currency.

The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












