Trends - Indian rupees - Business Recorder

Indian rupees

Indian govt hikes inflation-adjusted allowances

NEW DELHI: The Indian government on Thursday hiked inflation-adjusted pay and allowances for 11.7 million employees...

Published 08 Mar, 2024 03:14am

Markets

Indian rupee caught between Fed rate cut bets, strong 83/USD resistance

MUMBAI: The Indian rupee is expected to have a choppy session on Friday, caught between bullish expectations of a US...

Published 12 Jan, 2024 11:12am

Markets

Indian rupee looks to keep momentum heading into US inflation data

MUMBAI: The Indian rupee, on Thursday, will be looking to build on recent momentum in the lead-up to US inflation...

Published 11 Jan, 2024 11:29am

Business & Finance

India plans to lower budget gap by at least 50 bps, raise capital spending as much as 20% in FY25

NEW DELHI: India is planning to lower its budget deficit by at least 50 basis points in 2024/25 from this year’s...

Published 11 Jan, 2024 10:44am

Markets

Yen lags while dollar waits on US CPI

SINGAPORE: The yen was squeezed on Thursday, weighed by sluggish Japanese wages, while the dollar was becalmed as...

Published 11 Jan, 2024 09:43am

Markets

Indian rupee drops on weak Asian cues, position trimming

MUMBAI: The Indian rupee declined on Wednesday, pressured by the weakness on Asian peers and the exit of short...

Published 10 Jan, 2024 12:12pm

Markets

Indian rupee inches up tracking Asian peers, forward premiums rise

MUMBAI: The Indian rupee was higher on Tuesday, aided by an uptick in its Asian peers and positive sentiment in...

Published 09 Jan, 2024 12:43pm

Business & Finance

Tamil Nadu hails $80bn pledges from firms including Microsoft, Hyundai

CHENNAI: India’s Tamil Nadu state said on Monday it had signed pacts totalling 6.64 trillion Indian rupees ($80...

Published 09 Jan, 2024 04:18am

Markets

Two Bangladesh banks to offer trade transactions in Indian rupees

DHAKA: Two Bangladeshi banks including the largest state-owned lender plan to introduce trade transactions in Indian...

Published 07 Jul, 2023 05:08pm

Markets

Indian rupee likely to open flat, weakness in Asia may weigh

BENGALURU: The Indian rupee is expected to open little changed on Monday, though weakness in Asian counterparts will...

Published 19 Jun, 2023 10:12am

World

India government direct tax collections rise 11% in April-June

NEW DELHI: The Indian government said on Sunday that its net direct tax receipts rose 11% year-on-year to 3.80...

Published 18 Jun, 2023 08:16pm

Markets

Indian rupee falls to 6-week low, premiums drop

MUMBAI: The Indian rupee sank to a six-week low against the U.S. dollar on Monday as interest rate differentials...

Published 15 May, 2023 05:47pm

World

India, Russia settling some non-oil trade in rupees: Indian banker

NEW DELHI: India and Russia have been settling some of their non-oil trade in rupees since the beginning of this...

Published 15 May, 2023 05:37pm

Markets

Indian rupee to see more losses on dollar spike and higher US yields

MUMBAI: The Indian rupee is expected to weaken on Monday, adding to last week’s losses, tracking a rally on the...

Published 15 May, 2023 09:58am

Markets

Indian rupee likely to struggle at open on weak Asia peers

MUMBAI: The Indian rupee is expected to struggle at open versus the US dollar on Friday tracking losses in other...

Published 12 May, 2023 10:54am

Markets

India bond yields seen lower as data hints Fed may pause rate hikes

MUMBAI: Indian government bond yields are expected to decline in the early session on Thursday, tracking U.S. peers,...

Published 11 May, 2023 10:43am

Markets

Indian rupee may nudge higher after data indicates Fed may pause rate hikes

MUMBAI: Indian rupee is poised to open higher on Thursday, after largely in-line U.S. inflation data made it more...

Published 11 May, 2023 10:37am

Markets

Traders assess sustainability of Indian rupee’s decline, eye U.S. inflation data

MUMBAI: The Indian rupee was little changed to the U.S. dollar on Wednesday morning as traders gauged the near-term...

Published 10 May, 2023 11:01am

Markets

Indian rupee slips on likely dollar outflows; premiums at 2-month low

MUMBAI: The Indian rupee fell on Tuesday likely on the back of dollar outflows by a large foreign bank and pressured...

Published 09 May, 2023 11:04am

Markets

Indian Rupee ends little changed on likely dollar buying by RBI

MUMBAI: The Indian rupee held in a tight range on Monday with intermittent dollar buying intervention by the Reserve...

Updated 08 May, 2023 03:34pm

Markets

India, Russia suspend negotiations to settle trade in rupees

NEW DELHI/MUMBAI: India and Russia have suspended efforts to settle bilateral trade in rupees, after months of...

Published 04 May, 2023 01:23pm

Markets

Indian rupee poised to open higher after Fed hints at a pause

MUMBAI: The Indian rupee is expected to open higher on Thursday, tracking a decline in the dollar against Asian...

Published 04 May, 2023 12:46pm

Business & Finance

India’s April services activity hits near 13-year high, inflation accelerates

BENGALURU: India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust...

Published 03 May, 2023 11:43am

Markets

Indian rupee receives boost from dollar’s struggles, fall in oil prices

MUMBAI: The Indian rupee was trading higher on Wednesday, helped by the dollar’s decline due to an overnight plunge...

Published 03 May, 2023 11:30am

Markets

Indian rupee to edge higher in Fed decision, US jobs data week

MUMBAI: The Indian rupee is expected to inch higher on Tuesday to begin a week that will traders assess the outlook...

Published 02 May, 2023 10:51am

Markets

Indian rupee to open higher on upbeat risk, upside seen largely capped

MUMBAI: The Indian rupee is expected to open higher to the US dollar on Friday, boosted by the positive risk...

Published 28 Apr, 2023 09:37am

Markets

Indian rupee keeps up momentum, thanks to dollar’s struggles

MUMBAI: The Indian rupee on Thursday touched its highest against the US currency in more than seven weeks, helped by...

Published 27 Apr, 2023 11:32am

Markets

Indian rupee headed lower as risk aversion props up safe haven dollar

MUMBAI: The Indian rupee is expected to decline on Wednesday as worries over the US banking sector reappeared,...

Published 26 Apr, 2023 09:50am

Markets

Indian rupee looks to rise further on back of dollar weakness

MUMBAI: The Indian rupee will be looking to build on the previous session’s momentum on Tuesday in wake of the...

Published 25 Apr, 2023 11:15am

Markets

Indian rupee, bond yields seen rangebound in run up to Fed meeting

MUMBAI: The Indian rupee and government bond yields are expected to be rangebound in the week before a critical US...

Published 24 Apr, 2023 11:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Budget 2024-25: income tax calculator for FY25

Indian rupees

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