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Rupee slumps 33 paise to close at record low of 74.39

Mumbai : The rupee slumped by 33 paise to finish at a fresh lifetime low of 74.39 against the US dollar Tuesday on high crude oil prices, strengthening of the greenback and unabated foreign fund outflows. At the Interbank Foreign Exchange (Forex), the rupee made a cautious recovery of 18 paise ... Read More »

Petrol price cut by 6 paise, diesel by 5 paise

The reductions follow softening of international oil rates and the rupee gaining against the US dollar. Petrol in Delhi now costs Rs 78.29 a litre, down from Rs 78.35, according to a price notification issued by state-owned oil firms. Diesel rates have been cut to Rs 69.20 per litre from ... Read More »

Petrol price cut by 7 paise, diesel by 5 paise per litre

Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms. Diesel rates have been cut to Rs 69.25 per litre from Rs 69.30. This is the second reduction in rates coming after a 16-day relentless price hike ... Read More »

Rupee jumps 11 paise against dollar to 65.25

Mumbai : The rupee appreciated by 11 paise to 65.25 against the dollar on Tuesday as rising risk appetite pushed back the US currency amid a higher opening in domestic equities. The risk-on approach pushed exporters and banks increasingly away from the dollar. The greenback ran out of luck overseas too, ... Read More »