Sunday, January 29, 2023
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rupee depreciation

Total govt debt rises to Rs 147 lakh cr in Q2: FinMin Report

Total government debt increased to Rs 147.19 lakh crore at September-end from Rs 145.72 lakh crore at the end of June this fiscal

Ongoing global uncertainty could have some implications on India’s exports: Goyal

The ongoing global uncertainty and recessionary trends could have some implications on India's exports, said Goyal

Sensex declines by over 250 pts in early trade & Nifty reaches 18,000-level

Sensex declined by over 250 points in early trade to slip below the 61,000-mark & NSE Nifty fell by 45.80 points to stand at 18,157

High inflation rate due to exogenous price shocks: RBI MPC Member

The high inflation rate in the last three quarters is mainly a consequence of the 'exogenous' price shocks says RBI MPC Member

Rupee slips 1 paisa to 82.41 against US dollar in early trade

The rupee slipped 1 paisa to 82.41 against the USD in the morning trade amid the strengthening of the American currency and sustained foreign fund outflows

India has fairly large forex reserve to deal with current situation: DEA Secretary

DEA Secretary Ajay Seth dismissed concerns over the depletion of forex reserve, adding that India has a fairly large reserve to tide over the current situation

S&P pegs India’s FY’23 GDP growth at 7.3%; expects inflation to be above 6%

S&P has retained its GDP projection of India's economic growth at 7.3% for the current fiscal, saying that inflation is likely to remain above 6% till 2022-end

Rupee has held back very well among peers against USD: FM

The rupee has "held back very well" when compared to other currencies against the US Dollar, Finance Minister Nirmala Sitharaman said

Indian rupee shown more resilience than other currencies in recent years: Goyal

The Indian rupee has shown more resilience than other currencies and the CAGR of depreciation is lower as compared to pre-2014, said Piyush Goyal

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