Categories: Business

Rupee falls 18 paise, closes at record low of 95.09 vs $

The Indian rupee hit a historic low against the US dollar, pressured by corporate demand and soaring crude oil prices. Authorities are considering measures like incentivizing foreign currency deposits and easing tax rules for overseas investors to boost dollar inflows.

The News Vista

Share
Published by
The News Vista

Recent Posts

Should Novak Djokovic take a leaf from Lionel Messi and retire?

Now, Messi and Djokovic do have a lot in common. Both came from impoverished backgrounds…

2 hours ago

Punjab health scheme covers 12,467 sepsis treatments worth Rs 51.58 crore

Punjab's health initiative has successfully treated more than 12,000 cases of severe sepsis and septic…

2 hours ago

Union minister Chirag Paswan gets death threat; seeks protection

Union minister Chirag Paswan received a death threat through postal mail on Tuesday. The letter…

2 hours ago

India’s tech jobs face another jolt: Oracle to cut 3,000, Microsoft puts 500 on PIPs

Global tech giant Microsoft has put around 500 employees in India on performance improvement plans…

2 hours ago