Representative image. | Photo Credit: Reuters The rupee depreciated 18 paise to close at 85.50 (provisional) against the U.S. dollar on Thursday (May 15, 2025), weighed down by demand for American dollars from importers and foreign fund outflows. Forex traders the rupee declined on dollar demand. However, a surge in the domestic markets and overnight […]
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Despite Indian oil marketing companies now making a profit of ₹11.1 per litre of diesel and ₹8.7 per litre of petrol, consumers hoping for a retail price cut amid persistently high inflation are unlikely to get any relief soon, analysts say. Image for representational purpose only. With global crude oil prices slipping below $75 per barrel […]
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Surge in crude oil prices and mixed to negative domestic equity markets restricted the rupee’s movement, says expert Surge in crude oil prices and mixed to negative domestic equity markets restricted the rupee’s movement, says expert The rupee consolidated in a narrow range and depreciated 2 paise to close at 79.81 (provisional) against the United […]
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Centre to monitor moves but has set no levels for rolling back windfall tax: Bajaj Centre to monitor moves but has set no levels for rolling back windfall tax: Bajaj The government will review the just introduced windfall tax on domestically produced crude oil and fuel exports every two weeks based on foreign currency rates […]
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