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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Rupee value

Explained: How India Earns Each Rupee And Where It Goes

February 7, 2023
<strong>Explained: How India Earns Each Rupee And Where It Goes</strong>

For every rupee the government spends, 20 paise goes into repayment of debt, liabilities. For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax …

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Categories Finance News Tags GST, Rupee, Rupee value, Union budget

Rupee Jumps 37 Paise To Close At 82.45 Against US Dollar

January 8, 2023
<strong>Rupee Jumps 37 Paise To Close At 82.45 Against US Dollar</strong>

On Wednesday, the rupee recovered from its all-time low level and settled at 82.82 against the dollar. Forex traders said factors like strong Asian peers and crude oil prices trading below USD 80 per …

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Categories Finance News Tags Rupee value, US Dollar

As Rupee Dives To Record Low, Finance Minister Nirmala Sitharaman’s Explanation

October 16, 2022
Nirmala

Nirmala Sitharaman’s remark comes days after the rupee fell to an all-time low of 82.69. Explaining the fall, Nirmala Sitharaman that this was due to the dollar growing stronger. She said that the rupee …

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Categories Finance News Tags Nirmala Sitaraman, Rupee value
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