Downward drift
Financial Express Mumbai|December 25, 2024
RBI, which has been intervening in currency markets to prevent a sharp fall in the rupee, must reassess its stance

The rupee continues to depreciate past the 85-to-the-dollar mark that it breached last week, hitting a new low of 85.1975 on Tuesday. Ahead of the US elections, in early November the Indian currency was trading closer to levels of 84. The Indian currency has now lost about 1.31% since November 1. Meanwhile, the dollar has strengthened with the dollar index having gained value from 99.8 in late September to about 108.14 currently.

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FLERE HISTORIER FRA FINANCIAL EXPRESS MUMBAISe alt
Financial Express Mumbai

At the G, India up against Head-strong Australia

In-form batter declared fit for Boxing Day Test

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2 mins  |
December 26, 2024
Financial Express Mumbai

Quick, quicker, quickest...

The q-comm opportunity is pegged at $40 bn by 2030, up from $6 bn in 2024

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3 mins  |
December 26, 2024
Financial Express Mumbai

Prosperity through cooperation

The United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.

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3 mins  |
December 26, 2024
Office Leasing in Top Six Cities Hits Record: Report
Financial Express Mumbai

Office Leasing in Top Six Cities Hits Record: Report

WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.

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1 min  |
December 26, 2024
Yoon Defies Second Agency Summons Over Martial Law
Financial Express Mumbai

Yoon Defies Second Agency Summons Over Martial Law

SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

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1 min  |
December 26, 2024
Financial Express Mumbai

Russia Launches 'Inhuman' Christmas Day Attacks

RUSSIA ATTACKED UKRAINE'S energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.

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1 min  |
December 26, 2024
Financial Express Mumbai

China Avoids Rate Cut to Brace for Future Pressure

CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.

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1 min  |
December 26, 2024
Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead
Financial Express Mumbai

Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead

AN EMBRAER PASSENGER jet flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying 32 survivors had been rescued.

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1 min  |
December 26, 2024
Honda-Nissan deal may hold key to fight against BYD
Financial Express Mumbai

Honda-Nissan deal may hold key to fight against BYD

HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.

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1 min  |
December 26, 2024
Moving towards an IP-centric economy
Financial Express Mumbai

Moving towards an IP-centric economy

A product mindset will help drive business growth

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2 mins  |
December 26, 2024