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Rupee rebounds on RBI support

Financial Express Bengaluru

|

November 25, 2025

BIAS REMAINS NEGATIVE AMID FOREIGN FUNDS OUTFLOW

- CHRISTINA TITUS

THE RUPEE REBOUNDED on Monday from the all-time low as the Reserve Bank of India (RBI) came back to defend the currency, said traders. However, the sentiment remains weak due to delay in the US-India trade deal.

The rupee rose 17 paise to 89.24 on Monday. It opened at 89.14 compared to the previous close of 89.48. On Friday, the domestic currency breached the 89-level for the first time, hitting a record low. Followed by the defence from the RBI on Monday, the rupee was the second-best performing currency on Monday after the Singapore dollar. So far in FY26, the currency has fallen 4.42%.

Financial Express Bengaluru से और कहानियाँ

Financial Express Bengaluru

CSB Bank profit flat on higher provisions

CSB BANK'S NET profit for the quarter ended December was largely flat year-on-year (yo-y) at ₹153 crore, weighed down by higher provisions and a deterioration in asset quality.

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1 min

January 29, 2026

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Dell, NxtGen to build India’s largest Al factory

DELL TECHNOLOGIES HAS announced a partnership with NxtGen Al, a sovereign cloud and Al infrastructure provider, to build what it calls India’s first and largest dedicated AI factory.

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1 min

January 29, 2026

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The silent salesman

LABELBLIND'S PLATFORM HELPS CREATE REGULATORY-COMPLIANT FOOD LABELS

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2 mins

January 29, 2026

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IIP growth hits 26-month high of 7.8% in Dec

INDIA'S FACTORY OUTPUT recorded strong growth for the second consecutive month in December, with the Index of Industrial Production (IIP) rising 7.8% year-on-year (yo-y),on the back of healthy consumer demand and strong manufacturing performance, according to government data released on Wednesday.

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2 mins

January 29, 2026

Financial Express Bengaluru

Meta tests premium plans across its apps

META IS SET to test a new generation of paid subscription services on Instagram, Facebook, and WhatsApp, transforming the way users access various features on these social media platforms.

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1 mins

January 29, 2026

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Amazon to fire 500 in India

A SIGNIFICANT PORTION of the India-based workforce supports global teams and leadership roles.

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1 mins

January 29, 2026

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Budget may double down against external threats

Steps to boost capital inflows, exports likely

time to read

1 min

January 29, 2026

Financial Express Bengaluru

Vi unveils three-year growth plan, lines up ₹45,000 crore

VODAFONE IDEA ON Wednesday outlined a three-year turnaround road map anchored around a ₹45,000-crore investment plan, as it seeks to shift from balance sheet stabilisation to growth.

time to read

1 mins

January 29, 2026

Financial Express Bengaluru

Before IPL, Rajasthan Royals gets $1.3-bn offer

THE OWNER OF the Rajasthan Royals (RR) has invited four groups to proceed to the next round of bidding for the Indian Premier League (IPL) cricket team, including a consortium led by Times Internet chairman Satyan Gajwani and another backed by US-based entrepreneur Kal Somani.

time to read

1 mins

January 29, 2026

Financial Express Bengaluru

India comes out on top in trade pact with EU: Greer

THE US IN its first comments on the India-EU Free Trade Agreement (FTA) has said that India has emerged as the winner.

time to read

1 min

January 29, 2026

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