TCS and Infosys, which are both debt-free, will benefit from the weakening of the rupee because most of their revenue is in US dollars, says Moody’s.
The Indian currency appreciates for two straight trading sessions against the US dollar; Domestic equities ride the wave on strong equity outlook ...
The rupee is up about 0.2% this week so far, headed for its best performance since mid-September. The local currency managed a mini rally to near 86.30 twice this week, which it found difficult to ...
Indian stocks have lost almost $500 billion in market value in the past month, with MSCI Inc.’s index for the nation marking ...
Moody's Ratings on Thursday noted the Indian Rupee has depreciated by around 5% in the last two years and has fallen by 20% ...
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Former Reserve Bank governor Raghuram Rajan attributes the Indian rupee's fall to a strong US dollar, advising caution with ...
Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank governor Raghuram Rajan ...
Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump's inaugural policies suggested he would negotiate rather than immediately impose hefty tariffs on trading ...
Moody's indicates that most Indian companies are shielded from rupee depreciation because of mitigating factors, whereas govt-owned oil marketing comp ...
The Indian rupee appreciated 26 paisa to 86.32/dollar, driven by a global retreat in the USD index and central bank ...