Any government that thinks it can control tariffs, the rupee and inflation, while containing the fiscal deficit, is in for a nasty surprise
Forex dealers said the dollar's strength against major global currencies weighed on the rupee sentiment
What is the precise risk in the equities that investors require premium to hold it?
A country's currency gets stronger as its productivity rises relative to others; India needs more labour-intensive activity to absorb surplus labour from agriculture, writes T N Ninan
On Thursday, the domestic unit plummeted by 24 paise to end at record low of 73.58 a dollar
In recent weeks, the rupee has taken a beating amid volatility in global markets and strengthening of the greenback
Metal traders face double whammy of high global prices and a low rupee, leading to a multiple cost-push effect
Who gains, who loses from the rupee tumble?
The domestic currency on Wednesday closed at a record low of 73.34, down by 43 paise or 0.59 per cent at the interbank foreign exchange.
Rising global oil prices, they climbed 2 per cent on Wednesday to hit a four-year-high, are bad news for importing nations like India
India's rate-setting panel will deliver at least two hikes in benchmark borrowing rates this year, estimated Venkatesan
The rupee hit an all-time low of 73.41 a dollar in early trade on Wednesday, and sharply lower than its previous close of 72.93
Rupee has been setting one record low after another recently, with overseas investors having pulled a net $9.1 billion from Indian stocks and bonds this year
India's bond yields dropped sharply on Monday to their lowest in more than a month as investors took in the news
Import duty raised on 19 items from jet fuel to jewellery
The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August
Move is part of efforts to curb widening current account deficit
The Indian government estimates that the measures will increase capital inflows by $8-10 billion, or 0.3-0.4 per cent of GDP, in the fiscal year that ends March 31, 2019
It is not clear what items the government will treat as non-essential and if it will restrict such import through licensing or higher duties
The BJP-led government at the Centre is currently under fire due to the decreasing value of the Indian rupee