Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Rupee gains for 3rd straight session, settles below 84 against US dollar
The New Indian Express Kochi
|May 03, 2025
THE rupee has extended its rally for the third straight session on Friday, wiping out all losses since Donald Trump's win as the president of the US last November.
Analysts see the currency will see significant gain against the greenback, going forward. The rupee rallied nearly 1% intra-day and breached the psychologically 84 level and it settled at 83.5568 against the dollar. Such strength was last seen in June 2024. This comes within two months after the rupee had plunged to a historic low of 87.95 on February 10.
Currency traders cited strong dollar inflows into the equities and also into debt coupled with short-covering amid rising hopes of a US-India trade deal as the main driver of the rupee gains. The rupee has risen nearly 2% this week on the back of a 2.3% rally in March.
Dit verhaal komt uit de May 03, 2025-editie van The New Indian Express Kochi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Kochi
The New Indian Express Kochi
ED files chargesheet against Vadra in laundering case linked to arms dealer
THE Enforcement Directorate (ED) filed a chargesheet on Thursday against Robert Vadra, businessman and brother-in-law of Rahul Gandhi, in a money laundering case linked to UK-based arms dealer Sanjay Bhandari.
1 min
November 21, 2025
The New Indian Express Kochi
Stronger regional security network key in changing global order: Doval
NATIONAL Security Adviser Ajit Doval Thursday underscored the “significance” of strengthening regional partnerships amid a “rapidly changing and challenging global security environment,” as he opened the NSA-level meeting of the Colombo Security Conclave (CSC) in New Delhi.
1 mins
November 21, 2025
The New Indian Express Kochi
In 1st use of 1950 Act, Assam hunt for 'declared foreigners'
EXPULSION OF IMMIGRANTS
1 mins
November 21, 2025
The New Indian Express Kochi
NO TIMELINE
FOR ASSENT TO BILL BY GOVERNOR, PREZ, OPINES 5-JUDGE SC BENCH UNANIMOUSLY
1 mins
November 21, 2025
The New Indian Express Kochi
SIT arrests ex-TDB chief Padmakumar
PUTTING the CPM in a precarious position ahead of the local body elections, the Special Investigation Team (SIT) probing the Sabarimala gold theft case on Thursday arrested senior party leader and former Travancore Devaswom Board (TDB) president A Padmakumar.
1 min
November 21, 2025
The New Indian Express Kochi
No access to edu or health for 200 mn Indian kids
AROUND 206 million children in the country lack access to one of the six basic services— education, health, housing, nutrition, clean water and sanitation—which impact the quality of life and opportunities, said the UNICEF report released on Thursday.
1 mins
November 21, 2025
The New Indian Express Kochi
Newspaper office in Jammu raided, cops say weapons seized; 4 more in NIA net
THE National Investigation Agency (NIA) on Thursday formally took custody of four accused involved in the November 10 blast outside Red Fort in Delhi, taking the total number of arrests in the case to six.
2 mins
November 21, 2025
The New Indian Express Kochi
India to see over 1 billion 5G subscriptions by 2031
TELECOM equipment maker Ericsson released its Mobility Report on Thursday, predicting that India will have more than 1 billion 5G subscriptions by the end of 2031, reaching 79% of total mobile subscriptions.
2 mins
November 21, 2025
The New Indian Express Kochi
Nitish Kumar Bihar CM for record 10th time, 26 ministers sworn in
JANATA Dal (United) supremo Nitish Kumar on Thursday took the oath as Bihar chief minister for a record 10th time at Patna's historic Gandhi Maidan in the presence of Prime Minister Narendra Modi, Union home minister Amit Shah, BJP president JP Nadda, and several Union ministers and CMs of BJP-ruled states.
1 min
November 21, 2025
The New Indian Express Kochi
LINKING INDIA'S 2-SPEED ECONOMY
THE parallel analysis of some key indicators reveals a sharp and persistent divergence in India’s growth story. The Index of Industrial Production for September 2025, when combined with RBI’s Industrial Outlook Survey for July-September 2025, highlights a troubling conflict. Industrial growth is being vigorously driven by investment and capital goods, but is being held back by uneven household demand, particularly in mass-market segments.
3 mins
November 21, 2025
Listen
Translate
Change font size