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Rupee hits record lows; closes at 87.18/dollar despite RBI support

The New Indian Express Kannur

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February 04, 2025

AFTER hitting a record low of 87.29 in opening trade, rupee closed on Monday at 87.185 to dollar after US president Donald Trump slapped punitive tariffs on imports from China, Mexico and Canada, its largest trading partners, stoking fears of a trade war that rattled global financial markets.

- BENN KOCHUVEEDAN @ Mumbai

The rupee has lost more than 4% since October when it was trading above 83.70 despite the Reserve Bank selling billions of dollars to defend it.

MEER VERHALEN VAN The New Indian Express Kannur

The New Indian Express Kannur

The New Indian Express Kannur

'GST rate cut boosted Oct vehicle loans'

CHOOLAMANDALAM Investment and Finance Company president and CFO Arul Selvan said that the NBFC’s advances in two-wheelers and passenger cars segments went up in October after the GST rationalisation in September.

time to read

2 mins

November 17, 2025

The New Indian Express Kannur

The New Indian Express Kannur

'Our mission is to develop well-rounded leaders, not just skilled managers'

IIM Shillong Director-in-Charge Prof Nalini Prava Tripathy reflects on the institute’s approach to learning, outreach, and regional engagement

time to read

3 mins

November 17, 2025

The New Indian Express Kannur

The New Indian Express Kannur

SGPC mulls ban on lone woman for Pak jathas after pilgrim goes missing

FILE PHOTO

time to read

1 mins

November 17, 2025

The New Indian Express Kannur

The New Indian Express Kannur

BHU researchers revive timeless rice variety 'Adam Chini' with innovation

FARMERS in the eastern districts of Uttar Pradesh are seeing their dreams take flight with the revival of the aromatic black rice variety, Adamchini.

time to read

1 mins

November 17, 2025

The New Indian Express Kannur

Delhi airport traffic in Apr-Oct falls 3.5% due to upgrade, airspace closure

GMR Airports Limited reported a 3.5% year-on-year decline in passenger traffic at its flagship Indira Gandhi International Airport (DEL) for the first seven months of the current fiscal due to year runway upgrade and airspace closure, according to a mandatory filing with the stock exchanges.

time to read

1 min

November 17, 2025

The New Indian Express Kannur

V-P hails 'guardian of the public purse' on 5th Audit Diwas

VICE-President and Chairman of the Rajya Sabha, CP Radhakrishnan, on Sunday hailed the Comptroller and Auditor General of India (CAG) as the \"guardian of the public purse,\" emphasising its crucial role in safeguarding public funds and promoting good governance.

time to read

1 min

November 17, 2025

The New Indian Express Kannur

Kremlin says Kyiv briefed on summit terms

A top Kremlin aide on Sunday said that the conclusions of the Alaska summit between Russian President Vladimir Putin and his US counterpart Donald Trump were communicated to Kiev, adding that Moscow is maintaining contacts with Washington on the issue.

time to read

1 min

November 17, 2025

The New Indian Express Kannur

Govt plans to take 'Incredible India' to newer markets with rebranding

THE Ministry of Tourism has launched efforts for rebranding one of its most successful campaigns-Incredible India-to target new markets.

time to read

2 mins

November 17, 2025

The New Indian Express Kannur

KERALA RISES IN REFORMS BUT GROUND REALITY LAGS

K ERALA'S achievement in improving the investment climate is laudable, considering it was long seen as business-unfriendly.

time to read

1 mins

November 17, 2025

The New Indian Express Kannur

The New Indian Express Kannur

'The answer is us': Indigenous groups protest

HERE in Brazil, marchers revelled in their right to be heard, their voices rising in a city chosen precisely to focus the world's attention on the Amazon and its defenders.

time to read

2 mins

November 17, 2025

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