Topic
Rupee
31 stories related to this topic, newest first.
Techcrunchai17 hrs ago
Anthropic Introduces Rupee Pricing for Claude in India
Anthropic has begun displaying localized rupee prices for Claude subscriptions on its website and apps for users in India. The company has not yet enabled payments through the Unified Payments Interface. India accounts for 5.8 percent of global Claude usage and ranks as the servi…
news.sky.combusiness10 days ago
Instagram ran ads linking to child sexual abuse material on Telegram in India
BBC Eye investigators documented roughly 30 unique Instagram ads that used terms such as "rape video" and "child video" and directed users to Telegram channels selling the material for as little as 99 rupees. After the BBC reported the ads, Instagram initially declined to remove…
Cnbcworld39 days ago
India Offers Tax Exemption on Government Debt to Foreign Investors to Stem Capital Outflows and Support Rupee
New Delhi removed the long-term capital gains tax on foreign holdings of Indian government securities and lifted several investment limits for non-resident investors effective April 1, 2026.
thehindubusinessline.compolitics40 days ago
India Cuts Taxes on Foreign Bond Investments
India reduced taxes on foreign bond purchases to attract capital and support the rupee. The measures target overseas investors in government and corporate debt.
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CoinDeskfinance43 days ago
Coinbase to Add Direct INR Deposits and Withdrawals via IMPS Starting June 1
Coinbase will enable Indian users to move rupees directly between bank accounts and the exchange using the Immediate Payment Service. The change removes the need for peer-to-peer transfers or third-party intermediaries.
business-standard.comworld45 days ago
Indian rupee rises most in nearly two months after central bank intervention and oil price decline
The Indian rupee posted its strongest single-day gain in nearly two months. Officials intervened in currency markets while global oil prices fell.
thehindu.comworld46 days ago
Rupee Decline Prompts Investor Questions on Indian Companies' Currency Strategy
The rupee's continued decline has led investors and analysts to increase pressure on Indian company executives regarding their foreign-exchange management. The development follows a period of sustained currency weakness.
financialpost.comfinance49 days ago
India Lowers 2026 Fuel Demand Growth Forecast by 40 Percent
Kpler revised India's refined-products demand growth to 77,000 barrels per day for the current year. The reduction follows higher crude import costs, a weaker rupee, and government conservation steps. State retailers have raised pump prices by more than 7.5 rupees per litre.
news.google.comfinance49 days ago
India Officials Discuss Economic Issues Over Oil Prices
Senior Indian government officials issued statements on economic conditions as oil prices increased. Markets and the rupee showed movement while growth forecasts faced pressure.
thehindubusinessline.comfinance49 days ago
India State Fuel Retailers Report Daily Losses Near 6 Billion Rupees
A government official stated that state-owned fuel retailers continue to lose slightly less than 6 billion rupees per day even after recent price increases. The figure reflects the gap between regulated retail prices and the cost of imported crude and refined products.
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world51 days ago
Indian Court Awards Compensation After Spice Mix Mistaken for Heroin
A Madhya Pradesh court ordered the state to pay 10 lakh rupees to a businessman held 57 days after airport scanners flagged cooking spices as narcotics. The Central Forensic Science Laboratory later confirmed the packets contained no contraband.
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dnaindia.comworld56 days ago
India Tightens Rules on Gold and Silver Imports
India has introduced stricter controls on gold and silver imports as fuel prices rise and the rupee reaches a record low against the dollar. The measures follow increased energy costs linked to the Iran conflict.
stableinvestor.comfinance58 days ago
India's Rupee Falls Over Five Percent Since Middle East Conflict Began
The Indian rupee has declined more than five percent since February, reaching a record low above 96 to the dollar. Officials have spent billions to support the currency while facing wider economic pressures.
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indianexpress.comfinance58 days ago
Vodafone Idea Reports Surprise Fourth-Quarter Profit
Vodafone Idea posted a net profit of 2.4 billion rupees for the quarter ended March 31 after receiving an investment from the Birla Group. The result reversed a year-earlier loss of 7.3 billion rupees. The company said adjusted revenue rose 7.5 percent to 110.8 billion rupees.
etftrends.comworld59 days ago
India Gold Imports Slow Under New Currency Rules
India's gold imports have begun to slow as banks and bullion traders adjust to new restrictions imposed to support the rupee. The measures were introduced after the currency weakened in recent weeks. Trade data and industry sources indicate reduced shipments in the first half of…
Cnbcscience62 days ago
India Raises Import Duties on Gold and Silver to 15%
The Indian government has increased import duties on gold and silver to 15 percent. Officials said the move aims to reduce bullion purchases and protect foreign exchange reserves amid a weakening rupee, higher oil prices and geopolitical tensions. Industry groups stated the highe…
Semaforfinance62 days ago
Foreign Investors Sell $21 Billion in Indian Stocks in Past Two Months Amid Global AI Shift
Outflows have put 2026 on track to be the worst year for foreign investment exits from India since markets opened to overseas capital in 1993. Investors have shifted toward South Korea and Taiwan amid booming AI chip demand while India grapples with ripple effects from the Iran w…
The Free Pressfinance62 days ago
Russia-Ukraine Cease-Fire Expires; Fighting Continues
A three-day U.S.-brokered cease-fire between Russia and Ukraine expired with continued fighting and civilian deaths reported. Russian Foreign Minister Sergei Lavrov said peace talks are stalled. Separately, India more than doubled import duties on gold and silver to 15 percent to…
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Substrate placeholder — needs reviewpolitics63 days ago
Modi Calls for Reduced Fuel Use and Gold Imports
Prime Minister Narendra Modi called on citizens to adopt austerity measures to conserve fuel and foreign exchange as the Iran war disrupts global oil supplies. Speaking in Hyderabad, he framed responsible daily choices as a form of patriotism. The appeal comes as India's rupee hi…
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dnaindia.compolitics63 days agoUpdated
Modi Urges Indians to Cut Gold Purchases and Fuel Use
Prime Minister Narendra Modi called on Indians to stop buying gold for a year, work from home, limit foreign travel and reduce fertilizer use by up to 50 percent. The measures aim to conserve foreign exchange as the ongoing Middle East conflict disrupts oil supplies through the S…
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Usa Todayai66 days ago
IIT Kharagpur Launches AI Research Centre for Mining Applications
A new centre at the Indian Institute of Technology Kharagpur will develop artificial intelligence tools for geological and mining systems using real operational data. The facility, funded by mining investor Vikram Sodhi with 150 million Indian rupees over five years, focuses on e…
Bloombergworld78 days ago
India's Central Bank Clearinghouse Updates Trade Reporting System for Global Alignment
India's central bank-supervised clearinghouse is implementing changes to its trade reporting system. The updates aim to align with global standards and facilitate easier disclosure of offshore rupee trades by lenders. The move supports improved transparency in financial reporting…
indiatoday.intoday.infinance79 days ago
RBI Sells Dollars to Stabilize Rupee Amid Gulf Conflict and Rising Oil Prices
The Reserve Bank of India has implemented multiple measures to stabilize the rupee since the Iran war began on February 28, 2026. Corporate India faces incremental costs of Rs 20,000 crore to Rs 40,000 crore over six months amid elevated oil prices. Feeble signs of de-escalation…
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thezimbabwemail.comfinance80 days ago
Indian Rupee Falls to Lowest Valuation in Over a Decade Due to Iran Conflict and Portfolio Outflows
The Indian rupee has reached its lowest valuation in more than a decade. This decline is attributed to the ongoing conflict involving Iran and outflows from investment portfolios. The development reflects recent economic pressures on the currency.
thehindu.comworld81 days ago
India Pilots E-Rupee to Improve Welfare Payment System
India is testing its central bank digital currency, the e-rupee, through a pilot program aimed at enhancing its $80 billion welfare system. A farmer in Phulenagar used the digital funds to install irrigation equipment on his onion farm. The initiative seeks to address issues of c…
Bloombergfinance81 days ago
Indian Rupee Hits Multiple Record Lows Amid Global Shocks Including Tariffs and Iran War
The Indian rupee has slumped to multiple record lows due to global shocks, including tariffs and the Iran war. These developments have impacted the currency's value recently. The situation reflects broader economic pressures on India.
agriculture.einnews.comworld82 days ago
Indian Farmer Uses Central Bank Digital Currency for Onion Farm Irrigation in Pilot Program
A farmer in western India used e-rupee funds from a central bank pilot to set up irrigation on an onion farm. The program aims to promote the digital currency. This demonstrates support for small-scale agriculture through direct digital payments.
thehindubusinessline.comworld93 days ago
Reserve Bank of India Official Criticizes Forex Market Makers Over Rupee Weakness During Middle East Tensions
A senior official from the Reserve Bank of India stated that foreign-exchange market makers contributed to the rupee's depreciation amid Middle East tensions. The criticism highlights the role of these market participants in currency fluctuations. The statement addresses ongoing…
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Substrate placeholder — needs reviewworld94 days ago
Indian Rupee Gains for Second Week Amid Arbitrage Unwinding and US-Iran Truce
The Indian rupee strengthened for a second consecutive week, supported by the unwinding of arbitrage positions and improved sentiment from a US-Iran truce. According to Reuters, these factors contributed to the currency's appreciation against the US dollar. The development occurs…
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Substrate placeholder — needs reviewfinance98 days ago
India's Economy Faces Energy Disruptions from Middle East Conflict
India's economy is experiencing impacts from an ongoing Middle East conflict affecting oil and energy supplies. The Indian rupee has declined nearly 10% against the US dollar over the past year, and stock indices have fallen 12% since the start of the year. Growth projections for…
thehindubusinessline.comworld98 days ago
India's Foreign Exchange Curbs Ease Rupee Pressure Amid Ongoing Offshore Influences, Axis Bank Economist Says
India's recent foreign exchange restrictions have reduced pressure on the rupee, according to Axis Bank's Saugata Bhattacharya. Offshore influences continue to affect the currency. The measures aim to stabilize the rupee amid global market dynamics.
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