Ravi Tiku’s Perspective: Decoding Today’s Headlines
The news tells you what happened. We decode why it matters.
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 …
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 …
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 …