TCS and Infosys, which are both debt-free, will benefit from the weakening of the rupee because most of their revenue is in US dollars, says Moody’s.

The rupee is up about 0.2% this week so far, headed for its best performance since mid-September. The local currency managed a mini rally to near 86.30 twice this week, which it found difficult to ...

Sri Lanka's apparel export revenues grew 5 percent in 2024, amid falling prices, but was 10.3 percent below the 5.3 billion dollars earned in in 2019, before a coronavirus pandemic, an industry body ...

Sri Lanka’s rupee was quoted at 298.60/90 to the US dollar in the spot market Friday, weaker from 298.65/75 to the US dollar Thursday, while bond yields were broadly stable, dealers said.

Moody's indicates that most Indian companies are shielded from rupee depreciation because of mitigating factors, whereas govt-owned oil marketing comp ...

Jan 23 (Reuters) - Rice prices from top exporter India extended declines to an 18-month low on rising supplies amid ...

The government is expected to exceed its fiscal deficit consolidation target for FY25 due to slower-than-budgeted public capex in an election year, cl ...

This is provided they use the accounts for transactions with a resident of India. India’s central bank is now allowing overseas branches of authorized banks to open rupee-denominated accounts for ...

The rupee declined 9 paise to settle at 86.44 against the US dollar on Thursday amid the strengthening American currency and continuous outflow of foreign funds. However, positive domestic equity ...

The Enforcement Directorate revealed the arrest of two Delhi-based cyber criminals who allegedly siphoned over Rs 4,900 crore abroad. The criminals exploited SEZ facilities to carry out their crimes ...

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Moody's Ratings on Thursday said the Indian rupee has depreciated by around 5 per cent in the last two years and has fallen ...