Rupee Depreciaiton

Jump to

Chart of the Day: Rupee depreciation to bring relief for Indian IT

While IT companies derive most of their revenues from overseas, a large portion of their expenditure is incurred in local currency
Strong rupee helps Indian equities outsmart other Asian markets

The rupee remaining largely stable against the US dollar over the last one year contributed to Indian markets outpacing the stock indices of China, Japan, Taiwan, South Korea and Hong Kong
Re, crude fall hurt margins; to improve in Q2: Essar Oil

MD and CEO of Essar Oil, LK Gupta, tells CNBC-TV18 that the profitability of the company was hurt by falling crude prices and the sharp rupee depreciation during the quarter.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Rupee Depreciaiton

Chart of the Day: Rupee depreciation to bring relief for Indian IT

Strong rupee helps Indian equities outsmart other Asian markets

Re, crude fall hurt margins; to improve in Q2: Essar Oil