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Abhishek Goenka Founder

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Rupee likely to remain range bound; widening current account deficit a big challenge

The Indian rupee is expected to trade between 80 and 84 against dollar in the first three months of 2023 with support from overseas inflows though worsening current account deficit (CAD) and......

Rupee may end 2020 as worst performing currency in Asia

Rs 1,000 now buys $13.5 against $14 a year ago.Krishna Kant reports. Illustration: Dominic Xavier/Rediff.com The rupee is likely to end calendar year 2020 as the worst performing currency in Asia,......

YES Bank fraud case: Cox & Kings top brass under ED lens

The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm. Widening its probe in the Yes Bank fraud case, the Enforcement Directorate (ED)......

Dollar flight brings rupee within striking distance of 69

Hiccups in Chinese economy and the overall strength of the dollar will continue to be a drag on the rupee in the coming year The rupee struggled to maintain its earlier red-hot form as it came......

Rupee rebounds 20 paise to end over 3-week high

The Indian rupee today rebounded 20 paise to end at over three-week high of 60.47 against the Greenback following strong local equities and capital inflows. After falling six paise on Thursday, the......

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