BSE Sensex in Red; Rupee opens at a Record Low
The BSE Sensex and NSE Nifty benchmark indices had a gap-down start on Monday amid a direct decline in rupee and rising recession fears.
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decline in rupee
Petrol Price hiked by Rs. 1.82 per litre
The oil companies increased the petrol price by Rs 1.82 per litre (excluding VAT) as the decline in the rupee for the past few weeks against US dollar made the oil imports costlier. The actual increase of the petrol for consumers is higher…
Rupee hits All-Time Low of 60 vs US Dollar
Indian Rupee hit all-time low against US Dollar on Thursday. It touched 60-level in early trade. Later, it came down to 59.53 per dollar.The sharp decline in domestic currency showed the strong demand for Dollar from banks and importers.…