يحاول ذهب - حر
Crude shock: Rupee closes above 95 for the first time
May 05, 2026
|Financial Express Ahmedabad
THE RUPEE CLOSED at a record low of 95.0875 against the dollar on Monday, weakened by a spurt in crude oil prices and elevated dollar demand.
The currency lost 18 paise over Friday’s close.
Reuters reported there was dollar demand from maturing non-deliverable forward positions. Currency dealers said that the Reserve Bank of India (RBI) stepped into the market with dollar sales. On April 30, the rupee had hit a record intra-day low of 95.33.
Persistent selling by foreign portfolio investors (FPIs) in the Indian stock and bond markets has weighed on the rupee. FPIs have offloaded stocks and bonds worth about $20 billion so far in 2026.
هذه القصة من طبعة May 05, 2026 من Financial Express Ahmedabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Ahmedabad
Financial Express Ahmedabad
Sebi to issue advisory on Mythos risks: Pandey
AMID CONCERNS AROUND Anthropic’s artificial intelligence (AI) model Mythos, Securities and Exchange Board of India (Sebi) Chairperson Tuhin Kanta Pandey on Monday said it will soon issue an advisory to market participants, outlining how they should stay alert to vulnerabilities and play a proactive role in mitigation.
2 mins
May 05, 2026
Financial Express Ahmedabad
'Scaling AI agents responsibly is the real test'
As enterprises race to deploy AI agents, the conversation is shifting from capability to control.
2 mins
May 05, 2026
Financial Express Ahmedabad
How BJP breached Trinamool's bastions
THE BJP'S DECISIVE victory in West Bengal, ending 15 years of Mamata Banerjee's rule, was emphatic in its spread across the state. If the party held on to its bastion in North Bengal, it made inroads into South Bengal, including the Presidency division which was so far the TMC's impregnable fortress.
1 mins
May 05, 2026
Financial Express Ahmedabad
Dream Sports launches stock broking platform
DREAM SPORTS, THE parent group of Dream1l, has launched DreamStreet, an AIpowered stock broking platform aimed at simplifying investing for retail users, particularly first-timers who have stayed away from markets due to perceived complexity, the company said in a statement.
1 min
May 05, 2026
Financial Express Ahmedabad
Three things India can do to grow
India has to be more serious about its green transition, push harder in manufacturing certain kinds of products, and educate its population more widely and effectively
3 mins
May 05, 2026
Financial Express Ahmedabad
Crude shock: Rupee closes above 95 for the first time
THE RUPEE CLOSED at a record low of 95.0875 against the dollar on Monday, weakened by a spurt in crude oil prices and elevated dollar demand.
1 mins
May 05, 2026
Financial Express Ahmedabad
‘Triple whammy risk looms over India’
Energy shocks, tighter financial conditions and a bad monsoon may pose a triple whammy for India, said Krishna Srinivasan, director, International Monetary Fund’s Asia and Pacific Department.
4 mins
May 05, 2026
Financial Express Ahmedabad
Modi: Lotus blooming from Gangotri to Gangasagar
PRIME MINISTER NARENDRA Modi on Monday said the lotus is now blooming from Gangotri to Gangasagar with the BJP’s historic victory in West Bengal and asked all parties to work for change, not revenge, and ensure that the state's future trumps over fear.
1 min
May 05, 2026
Financial Express Ahmedabad
Direct tax collections rise 5% to ₹23.4 lakh crore in FY26
INDIA’S DIRECT TAX collections after refunds grew at a five-year low of just 5.12% year-on-year in FY26 (provisional figures) and fell short of the revised estimates of ₹24.21 lakh crore by ₹80,594 crore, according to data released by the Central Board of Direct Taxes (CBDT) on Monday.
1 mins
May 05, 2026
Financial Express Ahmedabad
Congress-led UDF ends Pinarayi's 10-year run
KERALA ON MONDAY witnessed a sharp political reset as the state electors voted out the last Left government in the country, bringing back the Congress to the ruling saddle after a gap of 10 years, while the BJP broke through a longstanding electoral drought by winning three seats.
1 min
May 05, 2026
Listen
Translate
Change font size