India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fastest-growing major economy. The depreciation has punctured India's ambition to become the world's third-largest economy.

The Indian rupee reached an all-time low on Thursday, driven by elevated oil prices and continuous foreign portfolio outflows. This has created strain on India's current and…

The rupee fell 0.1% to 95.8525 per US dollar, eclipsing its previous record low of 95.7950 hit in the previous session

The Indian rupee hit an all-time low, driven by high oil prices and portfolio outflows straining the economy. Policymakers are considering tax reductions for foreign investors on…

The Indian rupee hits a record low of 96/USD as rising oil prices complicate economic challenges.

Rising crude prices and persistent capital outflows pushed the Indian currency to a fresh all-time low.

India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fastest-growing major economy. The…

The Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated energy prices from the Iran war, have…

Elevated energy prices and weak capital flows have left India staring at a third consecutive fiscal year of a deficit in its balance of payments (BoP), straining the rupee.…