Mumbai, Aug 28 (PTI) The rupee rose 10 paise to 87.59 against the US dollar in early trade on Thursday, supported by a weaker dollar index and easing Brent crude prices. Besides, the Reserve Bank of India (RBI) stepped in to protect the local unit from crossing its all-time low, further supporting the local unit, according to forex traders. However, FII outflows and weaker domestic equity markets prevented sharper gains in the local unit as an additional 25 per cent US tariffs on Indian products

Mumbai, Aug 26 (PTI) The rupee depreciated 22 paise to 87.78 against the US dollar in early trade on Tuesday after the US issued a draft notice detailing plans to impose an additional 25 per cent tariff on India. Forex traders said the rupee lost momentum as worries over the looming 25 per cent US tariff on Indian goods, set to take effect from August 27, drove strong dollar demand from importers. The United States has issued a draft notice detailing plans to implement the additional 25 per cent

Mumbai, Aug 25 (PTI) Benchmark indices rebounded in early trade on Monday in line with a rally in global equity markets on hopes of a potential US Federal Reserve rate cut. Buying in IT stocks also drove the markets higher during the initial trade. The 30-share BSE Sensex climbed 285.62 points to 81,592.47 in early trade. The 50-share NSE Nifty went up by 91.25 points to 24,961.35. From the Sensex firms, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra, Bajaj Finance, and Tata Steel w

Mumbai, Aug 19 (PTI) The rupee appreciated 19 paise to 87.20 against the US dollar in early trade on Tuesday, reflecting the optimism around domestic reforms and equities, though external risks remain elevated. Forex traders said the rupee is holding firm at current levels, tracking the recent rally in domestic equities after sweeping tax reforms announced by PM Narendra Modi. Moreover, suspected RBI intervention and cautious optimism around the Ukraine-Russia conflict supported investors sentim

Mumbai, Aug 18 (PTI) The rupee edged higher by 20 paise to 87.39 against the US dollar in early trade on Monday, amid a positive trend in domestic equities. Forex traders said the uncertainty over the trade tariffs issue between India and the US is likely to keep market participants cautious. At the interbank foreign exchange market, the rupee opened at 87.46 against the US dollar, then touched 87.39, registering a gain of 20 paise over its previous close. On Thursday, the rupee settled for the

BERLIN, August 14, 2025 (AP) President Donald Trump warned Wednesday that there will be very severe consequences if Russian President Vladimir Putin does not agree to stop the war against Ukraine after the two leaders meet for a summit later this week in Alaska. Trump made the comment in response to a question from a reporter after announcing this years Kennedy Center Honors recipients in Washington. He did not say what the consequences might be. The remark came soon after Trump consulted with

Mumbai, Aug 13 (PTI) The rupee traded in a tight range and slipped 6 paise to 87.69 against the US dollar in morning trade on Wednesday as depreciation pressures are still lingering amid persistent foreign fund outflows. Forex traders said the rupee is trading in a narrow range as the Reserve Bank of India has stepped up its efforts to curb excessive rupee depreciation. At the interbank foreign exchange market rupee opened at 87.63, then touched an intra-day low of 87.69 against the US dollar in

Mumbai, Aug 12 (PTI) The rupee traded in a narrow range and edged higher by 10 paise to 87.65 against the US dollar in early trade on Tuesday, amid a positive trend in domestic equities. Forex traders said the rupee is trading in a tight range and the overall bias is expected to be negative amid uncertainty over the trade tariffs issue between India and the US. Moreover, investors are in a wait-and-watch mode ahead of the US CPI inflation data and are also awaiting cues from the US-Russia talks

Mumbai, Aug 8 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid non-stop foreign fund outflows and tariff-related jitters. The 30-share BSE Sensex declined 242.24 points to 80,381.02 in early trade. The 50-share NSE Nifty dropped 54.85 points to 24,541.30. From the Sensex firms, Bharti Airtel, Infosys, Bharat Electronics, Eternal, Axis Bank and HDFC Bank were among the laggards. However, Titan, Bajaj Finance, NTPC and Bajaj Finserv were among the gainers. For

Mumbai, Aug 7 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Thursday as US President Donald Trump slapped an additional 25 per cent duty doubling it to 50 per cent on Indian goods over New Delhis continued imports of Russian oil. The move that is likely to hit sectors such as textiles, marine and leather exports hard was slammed by India as unfair, unjustified and unreasonable. With this action singling out New Delhi for the Russian oil imports, India will attract

Mumbai, Aug 7 (PTI) The rupee traded in a narrow range and appreciated 5 paise to 87.67 against the US dollar in early trade on Thursday, after US President Donald Trump slapped an additional 25 per cent duty doubling it to 50 per cent on Indian goods over New Delhis continued imports of Russian oil. Forex traders said Trumps aggressive move, which kicks in 21 days, threatens to raise total duties on select Indian exports to as high as 50 per cent making them among the most heavily taxed US i

Mumbai, Aug 6 (PTI) Benchmark indices Sensex and Nifty gave up early gains and were trading lower on Thursday amid caution ahead of the RBIs monetary policy decision and fresh foreign fund outflows. The 30-share BSE benchmark Sensex climbed 280.38 points to 78,551.66 in early trade. The NSE Nifty went up 77.25 points to 23,773.55. Later, both the benchmark indices gave up early gains and were quoting lower. The BSE benchmark traded 126.78 points lower at 78,141.80, and the Nifty quoted 42.85 poi

Mumbai, Aug 5 (PTI) The rupee depreciated 29 paise to 87.95 against the US dollar in early trade on Tuesday, a tad above the crucial 88/USD level, after US President Donald Trumps latest salvos targeting India. Forex traders said the Indian rupee was under pressure and may continue to remain under pressure during this week after Trump said he may announce higher tariffs for India for continuing to buy Russian oil. In a fresh trade threat against India, President Donald Trump on Monday said he wi

Mumbai, May 22 (PTI) The rupee traded in a narrow range in morning trade on Thursday, as the support from weak dollar index was negated by elevated crude oil prices and persistent dollar demand from importers and foreign banks. Forex traders said broad-based dollar weakness, with DXY falling to a 99 level, is expected to act as a tailwind for the rupee in the short-term. However, the narrowing yield differential between Indian and US, is making Indian assets less attractive. At the interbank for