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Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Foreign portfolio investors withdraw USD 2.4 bn on crude price

FPIs withdrew a net sum of Rs 5,552 crore from equities and another Rs 10,036 crore from the debt markets.

29 April 2018 11:59 AM IST

On Friday, the US imposed 25-percent tariffs on around USD 34 billion in Chinese goods, sparking an immediate dollar-for-dollar retaliation from Beijing. (Photo: AP)

Trade war: Tit-for-tat tariffs will 'destroy' trade relations with US,...

The outburst of large-scale mutual levying of tariffs between China and the United States will inevitably destroy...

11 July 2018 10:00 AM IST