News for 'US dollar'

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com2 days ago

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com7 days ago

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

Rupee on March 24, 2026: Rupee Declines as Dollar Strengthens and Crude Prices Rise

Rupee on March 24, 2026: Rupee Declines as Dollar Strengthens and Crude Prices Rise

Rediff.com3 days ago

The Indian rupee weakened against the US dollar due to a strengthening dollar, high crude oil prices, and foreign fund outflows amid geopolitical uncertainties.

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rediff.com6 days ago

The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com9 Mar 2026

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Rupee falls 18 paise to close at 91.82 against US dollar

Rupee falls 18 paise to close at 91.82 against US dollar

Rediff.com7 Mar 2026

The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

Rediff.com11 Mar 2026

NVIDIA CEO Jensen Huang argues that Artificial Intelligence is driving the largest infrastructure buildout in human history, requiring trillions of dollars in investment and creating significant demand for skilled blue-collar labour.

Rupee ends flat at 90.66 against US dollar

Rupee ends flat at 90.66 against US dollar

Rediff.com9 Feb 2026

The rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.

Rupee Hits All-Time Low: What's Driving the Decline?

Rupee Hits All-Time Low: What's Driving the Decline?

Rediff.com38 minutes ago

The Indian rupee depreciated significantly against the US dollar, reaching a new all-time low due to rising oil prices, a strong dollar, and ongoing geopolitical concerns. Domestic equity market declines and foreign investment outflows further contributed to the rupee's weakness.

Rupee rises 13 paise to close at 90.34 against US dollar

Rupee rises 13 paise to close at 90.34 against US dollar

Rediff.com5 Feb 2026

The rupee appreciated 13 paise to close at 90.34 against the US dollar on Thursday, on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-US trade deal.

Trump's Signature on US Currency Marks Historic First

Trump's Signature on US Currency Marks Historic First

Rediff.com6 hours ago

US President Donald Trump's signature will soon appear on US paper currency, coinciding with the 250th anniversary celebrations of American Independence.

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Rediff.com4 days ago

Gold prices experienced a significant drop in futures trading due to global selloff, inflation concerns, and a strong US dollar. Analysts predict a continued downward trend amid geopolitical tensions and potential rate hikes.

Silver, gold tumble 10% as strong dollar, Fed jitters spark selloff

Silver, gold tumble 10% as strong dollar, Fed jitters spark selloff

Rediff.com5 Feb 2026

Silver and gold prices snapped a two-day rebound and declined sharply up to 10 per cent in the futures trade on Thursday amid weak trends in the international markets and a strong US dollar.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com5 days ago

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com2 hours ago

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Rajasthan Royals Sold For $1.63 Billion: Who Is Kal Somani?

Rajasthan Royals Sold For $1.63 Billion: Who Is Kal Somani?

Rediff.com2 days ago

A consortium led by Kal Somani, a tech entrepreneur, has acquired Rajasthan Royals for $1.63 billion, marking a significant milestone in IPL's history.

American firms investing in IPL franchises show confidence in league's growth

American firms investing in IPL franchises show confidence in league's growth

Rediff.com2 hours ago

Satyan Gajwani, chairman of Times Internet Limited and RCB's new co-owner, discusses the significance of American companies investing in IPL franchises like RCB and Rajasthan Royals, highlighting the league's immense growth potential and global appeal.

West Asia conflict, crude oil prices to steer stock markets this week

West Asia conflict, crude oil prices to steer stock markets this week

Rediff.com4 days ago

Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com7 days ago

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com10 hours ago

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

Rediff.com8 Mar 2026

Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.

India's forex reserves drop $7 bn to $709.76 bn

India's forex reserves drop $7 bn to $709.76 bn

Rediff.com6 days ago

India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.

Iran allows 10 Pak-flagged ships through Hormuz Strait as a gift to US: Trump

Iran allows 10 Pak-flagged ships through Hormuz Strait as a gift to US: Trump

Rediff.com10 hours ago

Speaking to reporters during a cabinet meeting at the White House on Thursday, Trump said the US had engaged in 'very substantial talks' with Iranian officials and described the tanker movement as proof of seriousness in the discussions.

West Asia Crisis Reroutes Tourists

West Asia Crisis Reroutes Tourists

Rediff.com7 hours ago

'Travellers are considering safer and more stable destinations.'

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rediff.com31 Dec 2025

The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.

Gold ETF Investors Face Sharp Losses

Gold ETF Investors Face Sharp Losses

Rediff.com2 days ago

Analysts say long-term investors may still benefit, but recommend limiting bullion exposure to around 10 per cent.

Iran denies reports of $2 mn levy on vessels in Strait of Hormuz

Iran denies reports of $2 mn levy on vessels in Strait of Hormuz

Rediff.com4 days ago

The diplomatic intervention follows various media reports which attributed comments to Iranian lawmaker Alaeddin Boroujerdi, suggesting that merchant vessels were being charged USD 2 million for safe passage through the "conflict-hit Hormuz."

Rupee slumps 69 paise to all-time low of 92.18/USD

Rupee slumps 69 paise to all-time low of 92.18/USD

Rediff.com4 Mar 2026

Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.

Noida International Airport Gears Up for Grand Opening

Noida International Airport Gears Up for Grand Opening

Rediff.com1 days ago

Noida International Airport is set for its grand opening as roads are fixed and infrastructure preparations near completion. Here's what's ready and what to expect from the launch.

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Rediff.com9 Mar 2026

Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.

India's forex reserves drop $11.68 bn to $716.81 bn

India's forex reserves drop $11.68 bn to $716.81 bn

Rediff.com13 Mar 2026

India's forex reserves dropped by $11.683 billion to $716.810 billion during the week ended March 6, the RBI said on Friday.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Reality check gets India on investors' realty list

Reality check gets India on investors' realty list

Rediff.com4 days ago

Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Rediff.com1 hour ago

The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.

Semaglutide Ruling Sparks Generic Pharma Boom

Semaglutide Ruling Sparks Generic Pharma Boom

Rediff.com3 days ago

At the heart of this debate is Section 3(d) of the Patents Act, a safeguard designed to prevent drugmakers from extending monopoly protection through trivial modifications to existing medicines.

Iran begins new 'heavy strikes' in region: IRGC

Iran begins new 'heavy strikes' in region: IRGC

Rediff.com18 Mar 2026

The IRGC had announced earlier that it was carrying out an intense wave of attacks on US and Israeli positons throughout the region since dawn, using missiles as well as drones.

Gold poised for volatile week as West Asia crisis roils markets

Gold poised for volatile week as West Asia crisis roils markets

Rediff.com8 Mar 2026

Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.