Indian Rupee (INR): News
Indian rupee hits 1-month high as RBI steps support currency
The Indian rupee has hit its highest level in over a month, thanks to a series of measures taken by the Reserve Bank of India (RBI) and comments from RBI Governor Sanjay Malhotra.
Indian rupee may recover to 94 against dollar soon
R. Govindan, Senior VP of Finance and Chief Risk Officer at Larsen & Toubro (L&T), has predicted that the Indian rupee will recover toward ₹94 against the US dollar in the near term.
India's AI sector lacks scale for IPOs, says Piyush Goyal
India's Commerce Minister, Piyush Goyal, has said that the country's artificial intelligence (AI) sector is not yet at a stage where it can support stock market listings.
Indian rupee slips to ₹96.78 as RBI turns more hawkish
The Indian rupee has weakened against the US dollar, closing at a five-month low of ₹96.78 per dollar. This is down from its previous close of 96.43 per dollar.
Indian rupee hits 2-month low
The Indian rupee has hit its lowest level in over two months, falling to 96.43 against the US dollar on Tuesday.
Indian rupee breaches 96 mark against US dollar
The Indian rupee breached the psychological barrier of ₹96 per US dollar today. It is now hovering near a two-month low of ₹96.05.
Indian rupee now just shy of 96 against US dollar
The Indian rupee has witnessed a marginal decline due to rising oil prices, triggered by stalled diplomatic talks between the US and Iran.
Gold falls 7% from August peak: Good time to buy?
Gold prices have witnessed a significant decline of 7.11% from their August peak of $4,658 per ounce on August 25.
Rupee could hit 100 against US dollar soon, says UBS
The Indian rupee may weaken to triple digits against the US dollar within the next 12-18 months, Bhanu Baweja, Chief Strategist at UBS Investment Bank, has warned.
Indian rupee hits 2-month high at ₹94.3 per USD
The Indian rupee opened on a strong note today, hitting a two-month high.
India's forex reserves hit record high of $730B
India's foreign exchange reserves have hit a new high of $729.33 billion, a jump of $12.42 billion from the previous week, according to the data released by the Reserve Bank of India (RBI).
Willie Walsh takes charge as IndiGo CEO
Willie Walsh, the former chief of International Airlines Group (IAG), is taking over as the chief executive officer of IndiGo today.
Foreign investors turn net buyers, pour ₹20,200cr into equities
Foreign Portfolio Investors (FPIs) have turned net buyers of Indian equities in July, reversing their previous selling trend.
Why RBI sold $7B last Friday
The Reserve Bank of India (RBI) sold around $7 billion last Friday in a bid to defend the Indian rupee.
Can INR strengthen to 95/$ in coming months?
The Indian rupee could appreciate against the US dollar in the coming months, according to Anindya Banerjee, Head of Research-Currency, Commodity, and Interest Rate Derivatives at Kotak Securities.
Why RBI has intervened to stabilize Indian rupee
The Reserve Bank of India (RBI) has stepped in to stabilize the Indian rupee, which is nearing a record low.
Indian rupee hits 2-month low, breaches 96 per dollar
The Indian rupee has breached the psychologically significant level of 96 against the US dollar, a first since May 2026.
India-specific pricing for Claude AI revealed, starts at ₹2,000/month
Anthropic, the company behind the Claude AI assistant, has unveiled India-specific pricing for its subscription plans.
Indian rupee hits 1-month low against dollar: What's the reason?
The Indian rupee fell to its lowest level in over a month today, trading at 95.76 per US dollar.
SBI, Axis Bank among lenders set to raise $2B overseas
India's leading banks, including State Bank of India (SBI), Axis Bank, and Bank of Baroda (BoB), are set to collectively raise at least $2 billion from international markets.
INR jumps to highest level since May 8 at 94.68/$
The Indian rupee opened 43p stronger at ₹94.68 against the US dollars today.
RBI takes major steps to boost rupee, attract foreign capital
The Reserve Bank of India (RBI) has announced five major measures to attract foreign capital and bolster the Indian rupee.
RBI pauses rate cuts: What it means for borrowers, savers
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25% for the second consecutive policy meeting.
Why India may cut tax on foreign bond investors
The Indian government is considering removing or slashing the 20% withholding tax on interest income from government bonds for foreign investors.
Infosys CEO's annual pay rises 2.5% to $8.7M
Infosys CEO Salil Parekh's annual compensation has increased by 2.5% to ₹826 million ($8.69 million) for the fiscal year 2026, as per the company's annual report.
Why AI boom is quietly hurting Indian rupee
Mahesh Nandurkar, MD and Head of India Research at Jefferies India, has said that the weakening Indian rupee is more a result of declining capital inflows than the current account deficit (CAD).
RBI's dollar-rupee swap auction subscribed nearly twice over
The Reserve Bank of India (RBI) has witnessed a massive response to its three-year dollar/rupee buy-sell swap.
Rupee slump forces India to rethink import strategy
Union Minister Piyush Goyal has said that the Indian government is keeping a close eye on the rapidly depreciating rupee against the US dollar.
RBI considers interest rate hike to stabilize rupee
The Reserve Bank of India (RBI) is weighing all possible measures to stabilize the Indian rupee, including an interest rate hike and currency swaps.
Indian rupee hits all-time low of ₹96.91 against US dollar
The Indian rupee has hit an all-time low of ₹96.91 against the US dollar, owing to rising US Treasury yields, high crude oil prices, and geopolitical tensions in West Asia.
Indian rupee hits all-time low of 96.47 against USD
The Indian rupee has hit a new all-time low, falling to 96.47 against the US dollar. The fall comes amid persistently high crude oil prices and weaker Asian currencies.
Indian rupee hits all-time low of 96.18 against US dollar
The Indian rupee has hit an all-time low of 96.18 against the US dollar on Monday.
India's ₹1.7L crore fuel challenge may have a surprising fix
As India grapples with rising energy import costs and a depreciating rupee amid global oil price fluctuations, a Monaco-based fuel technology company has proposed an innovative solution: water.
Rupee hits record-low against dollar, crosses 96 for first time
The Indian rupee has hit a record low against the US dollar, crossing the 96 mark for the first time.
Indian rupee hits new all-time low of 95.85 per dollar
The Indian rupee has hit a new all-time low, falling to 95.85 against the US dollar on Thursday.
Indian rupee hits fresh all-time low of 95.8 per dollar
The Indian rupee has hit a new all-time low of 95.79 against the US dollar, as hopes for a peace deal between the United States and Iran fade.
Gold, silver prices surge 6% as India hikes import duty
Gold and silver prices in India surged by over 6% on Wednesday, following the government's decision to raise import duties on the precious metals.
Indian rupee hits all-time low of 95.58 against US dollar
The Indian rupee has hit a new all-time low, falling to 95.58 against the US dollar on Tuesday.
Indian rupee weakens beyond ₹95/$ amid oil price surge
The Indian rupee has breached the 95 per US dollar mark for the first time since March 30.
Indian rupee falls for 3rd consecutive session: What's the reason?
The Indian rupee has weakened for the third consecutive session today. The fall comes in line with losses in global equities and a stronger US dollar.
Why RBI has criticized INR arbitrage trades by banks
The Reserve Bank of India (RBI) has criticized foreign-exchange market makers for their role in the rupee's depreciation during recent Middle East tensions.
US-Iran war, AI concerns drag Indian firms into weak quarter
Top Indian IT companies are expected to witness a lackluster fourth quarter, with revenue and profit growth projected at around 10% year-on-year (YoY).
INR might end 2026 at around 93/USD: Bank of America
Bank of America (BofA) has predicted that the Indian rupee will end the year at around 93 per US dollar, roughly in line with current levels.
Foreign investors pull out ₹1.8L cr in FY26, worst-ever outflow
Foreign portfolio investors (FPIs) pulled out a record ₹1.17 lakh crore in March 2026, the highest monthly outflow ever.
Indian rupee crashes past 95/dollar for first time
The Indian rupee hit a record low today, breaching the key psychological level of 95 against the US dollar.