[ad_1] “In India, ATF accounts for around 45% of the operational cost of an airline. Besides, as much as 35-50% of the airlines’ operating expenses are U. S. dollar driven,” as per ICRA. “In India, ATF accounts for around 45% of the operational cost of an airline. Besides, as much as 35-50% of the airlines’ […]
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[ad_1] Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into its reserves, which however […]
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[ad_1] Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into its reserves, which however […]
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[ad_1] While cost pressures are likely to continue in first half of the fiscal year, Icra expects year-on-year improvement of 50-75 basis points in operating margins in 2022-23, with easing of commodity prices and supply-chain issues While cost pressures are likely to continue in first half of the fiscal year, Icra expects year-on-year improvement of […]
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[ad_1] The rupee depreciated 1 paisa to its all-time low of 80.06 against the US dollar in opening trade on Thursday , July 21, 2022, amid demand for dollar from oil importers and firm crude oil prices. Forex traders said the rupee is hovering around 80 level as the overall gains in crude prices in […]
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[ad_1] Rupee depreciation wiped away some of the gains that would have accrued to India from international oil prices dropping to pre-Ukraine war levels Rupee depreciation wiped away some of the gains that would have accrued to India from international oil prices dropping to pre-Ukraine war levels The Indian rupee nearing 80 to a U.S. […]
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[ad_1] After a year of record exports, why have India’s exports moderated in the first quarter? After a year of record exports, why have India’s exports moderated in the first quarter? The story so far: Having crossed a record $400 billion mark in 2021-22, India’s exports have moderated in the first quarter of this year, […]
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[ad_1] Why are countries increasing their interest rates? What are the ways in which the RBI has tried to cushion the fall of the rupee? Why are countries increasing their interest rates? What are the ways in which the RBI has tried to cushion the fall of the rupee? The story so far: The Indian […]
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[ad_1] On Monday, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the U.S. dollar On Monday, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the U.S. dollar The rupee rebounded from its all-time low level and inched higher by […]
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