Sunday, November 3, 2024

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Foreign exchange

Economy and Finance

Rupee continues to strengthen on expectations that Modi is going to form the government again

OpIndia Staff -
The month of March has witnessed the most robust Rupee performance since 2nd January 2019.
Economy and Finance

On the expectation of PM Modi’s re-election in 2019, Rupee hits two-and-a-half-month high

OpIndia Staff -
The surging popularity of Modi could also be seen as three opinion polls envisioned a clear majority of the NDA in the upcoming general elections
News Reports

Second consecutive rate cut: LPG cylinder price cut by Rs 120.50 for unsubsidised consumers, Rs 5.91 for subsidised

OpIndia Staff -
Reduced prices in the international market has led to a second consecutive monthly price reduction
Economy and Finance

Rupee rises 21 paise against US Dollar, touching a three-month high

OpIndia Staff -
The Rupee rose by 21 paise to 69.64 against the US Dollar.
News Reports

FCRA violations: Amnesty International’s Bengaluru offices raided by Enforcement Directorate

OpIndia Staff -
NDA government has been investigating unauthorised foreign funding received by NGOs
Economy and Finance

Iran ready to handover Chabahar port to Indian firm for operation: Iranian Minister Abbas Akhoundi

OpIndia Staff -
Chabahar is one of the most important strategic areas of influence for India
News Reports

Jyotiraditya Scindia furthers half truth about India’s forex reserves, gets fact-checked

Jhankar Mohta -
Even at a 7 month low, forex reserve was higher by around 30% since the BJP gained power, outflanking the Congress in 2014.
News Reports

Modi government’s National Steel Policy saved the country Rs 5,000 crores forex

OpIndia Staff -
National Steel Policy has also added around 24 million tonnes of crude steel capacity during the last four years.
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