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Re rebounds as RBI comes to the rescue

Financial Express Chandigarh

|

December 18, 2025

AFTER CLOSING AT new lows for four consecutive sessions, the rupee recovered by 66 paise on Wednesday to close at ₹90.38 against the dollar - the biggest single-day gain in two months.

- CHRISTINA TITUS

According to dealers, the Reserve Bank of India (RBI) stepped in with dollar sales to stem the continuous decline and curb speculation. During intra-day trade, the local currency appreciated almost 1% to a

WEITERE GESCHICHTEN VON Financial Express Chandigarh

Financial Express Chandigarh

Airtel rejigs top deck, Shashwat new MD & CEO

Gopal Vittal is executive VC, Soumen Ray group CFO

time to read

1 min

December 19, 2025

Financial Express Chandigarh

Will Nvidia turbocharge China's AI military?

PRESIDENT DONALD TRUMP'S decision to approve previously banned exports of Nvidia Corp.'s powerful H200 artificial intelligence chips to China could turbocharge the People's Liberation Army's technological ambitions, narrowing America's edge in military supremacy.

time to read

2 mins

December 19, 2025

Financial Express Chandigarh

No problem with Centre, except on statehood, but L-G interfering: Omar

J&K CHIEF MINISTER

time to read

2 mins

December 19, 2025

Financial Express Chandigarh

L Catterton takes a bite of Haldiram's

. Picks up minority stake in snacks firm

time to read

1 mins

December 19, 2025

Financial Express Chandigarh

India's policy signalling problem

DURABLE REFORMS SUCCEEDED AS THEY'RE PRECEDED BY CONSULTATION; RECENT VOLATILITY STANDS IN CONTRAST

time to read

4 mins

December 19, 2025

Financial Express Chandigarh

Vi arm VITIL raises ₹3,300 cr

DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.

time to read

1 min

December 19, 2025

Financial Express Chandigarh

Oman gives duty-free access to Indian medicines, vax

THE INDIA-OMAN ECONOMIC partnership agreement (CEPA) will grant immediate zero-duty access for key finished medicines and vaccines manufactured in India to the West Asian country.

time to read

1 min

December 19, 2025

Financial Express Chandigarh

HCLTech to buy HPE telco biz for nearly $160 mn

IT SERVICES MAJOR HCLTech on Thursday said it has signed a definitive agreement to acquire the telco solutions business of Hewlett Packard Enterprise (HPE) for a cash consideration of up to $160 million, including $15 million of performance-linked incentives based on FY25.

time to read

1 min

December 19, 2025

Financial Express Chandigarh

'We are scaling up expansion at Flipkart Minutes'

Flipkart Minutes, the quick commerce arm of Flipkart, plans to add around 500 new dark stores in the next three months.

time to read

2 mins

December 19, 2025

Financial Express Chandigarh

Ola founder sells another 28.3 million shares; stock hits new low

OLA ELECTRIC FOUNDER

time to read

1 min

December 19, 2025

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