All posts tagged: Rupee

Salman Khan supports Rajpal Yadav after comment on dollar vs rupee goes viral

Salman Khan supports Rajpal Yadav after comment on dollar vs rupee goes viral

Published by Webster

Actor Rajpal Yadav dominated headlines in the first quarter of 2026 due to his cheque-bounce case and subsequent arrest. He surrendered at Tihar Jail after failing to repay his debt on time. Before going to prison, the seasoned actor stated that he did not have the money to clear his dues. This prompted several celebrities to extend financial help, and he was eventually granted bail. Recently, at an awards show, Rajpal Yadav was seen addressing the rising dollar rate and the falling rupee. However, he was mocked by the host in response. The video soon went viral, and now superstar Salman Khan has spoken out in support of Yadav. Salman Khan supports Rajpal Yadav On Tuesday, Salman Khan took to social media and shared a picture of Rajpal Yadav speaking at the awards show. Along with the image, he wrote, “Rajpal bhai aap 30 yrs se kaam kar rahe ho aur hum sabne aapko repeat kiya hai baar baar kyunki aap apna kaam jante ho aur ek value laate ho , kaam toh aapko bohot …

Rupee slips to 93.73 against dollar as crude prices rise amid Iran uncertainty

Rupee slips to 93.73 against dollar as crude prices rise amid Iran uncertainty

Published by Webster

The Indian rupee started Tuesday’s trading at 93.66 per US dollar before slipping to 93.73, down 20 paise from Monday’s close. The local unit had hit a record low of 93.98 against the greenback in the previous session, the PTI reported. Analysts attributed the weakness to rising crude oil prices and ongoing tensions in West Asia. Why exactly is Rupee crashing? Crude oil and FII outflows weigh heavily on rupee. Rising global crude oil prices, a key concern for India as a net importer, added further pressure on the currency. The more the demand for USD, the more rupee crashes. Brent crude futures were trading at USD 103.9 per barrel. Analysts warn that sustained high oil prices may increase inflation and widen India’s import bill, negatively affecting growth projections, the news agency reported. Heavy foreign institutional investor (FII) outflows also contributed to the rupee’s weakness, with equities sold worth Rs 10,414 crore on Monday as per exchange data. Meanwhile, domestic markets showed resilience, with the Sensex rising 829 points to 73,525 and the Nifty up …

Shark Tank India pitchers built Rs 3 cr business without investing a rupee, ‘sharks’ call them ‘best salesmen’ but won’t invest: ‘Unfundable’ | Television News

Shark Tank India pitchers built Rs 3 cr business without investing a rupee, ‘sharks’ call them ‘best salesmen’ but won’t invest: ‘Unfundable’ | Television News

Published by Parlour News

Namita Thapar has been the center of attention on this season of Shark Tank India. At the beginning of this season, GOAT Life’s founder flirted with her during his pitch, and in the latest episode of Shark Tank India 5, Namita Thapar was in for some flattery once again. During their pitch, the founder of F2 Fintech went on to laud Namita on various occasions during his pitch, and while he earned a compliment from the Executive Director of Emcure Pharmaceuticals, he failed to bag a deal on the show. F2 Fintech is an AI-powered digital lending aggregator that allows one to compare their loan options. Through its AI bot, which guides users to the best loan option, the founders claimed to be the first to adopt this. Founded by Harpreet Singh and Abhinav Awal from Bareilly, Uttar Pradesh, the founders were lauded by the Sharks for their salesmanship. They came to the tank asking for an investment of Rs 1 crore in return for 3 percent equity, placing the company’s valuation at Rs 33.33 …

Why is the Indian rupee at record low today, and what’s next amid Iran-US war| India News

Why is the Indian rupee at record low today, and what’s next amid Iran-US war| India News

Published by Parlour News

The Indian rupee plunged to an all-time low on Wednesday as escalating tensions in the Middle East sent crude oil prices soaring, sparking fears of higher inflation, a widening trade deficit and capital outflows from emerging markets. Rupee fell as much as 0.9% on Wednesday, the most in 10 months, to 92.3050 per dollar. The currency weakened past the psychologically important 92-per-dollar mark for the first time, falling as much as 0.8% to 92.30 against the US dollar. The drop eclipsed its previous record low of 91.9875 hit earlier this year. The sharp decline came as global markets turned risk-averse amid the intensifying conflict involving the United States, Israel and Iran, which has raised fears of disruptions to energy supplies. Track Live Updates on the Iran-US war here Oil shock rattles markets The biggest trigger for the rupee’s fall has been the surge in crude oil prices. Brent crude climbed above $82 per barrel after jumping nearly 12–13% in just two days – the steepest rise since 2020 – as traders worried about supply disruptions …

Rupee plunges 72 paise to end at a fresh record low of 91.70 on geopolitical tensions, uncertainty over India-US trade deal | Business News

Rupee plunges 72 paise to end at a fresh record low of 91.70 on geopolitical tensions, uncertainty over India-US trade deal | Business News

Published by Parlour News

The Indian rupee tumbled 72 paise to close at a record low of 91.70 against the dollar on Wednesday, on rising geopolitical tensions, uncertainty over India-US trade deal and continued outflows from foreign investors from domestic equities. The currency opened weak at 91.08 on Wednesday before plunging to an all-time low of 91.75 during intraday trades. It recovered slightly to close the session at 91.70 compared to the previous close of 90.98. “USD/ INR has surged to record highs near 91.70, driven by a combination of sustained FPI outflows, adverse global risk sentiment stemming from geopolitics and US–India trade frictions, and a slowdown in exporter dollar conversions even as importer hedging demand remains strong,” said Anindya Banerjee, head of commodity and currency research, Kotak Securities. So far in January, FPIs have sold Indian equities worth Rs 30,345 crore. In 2025, they pulled out Rs 1.66 lakh crore. A sharp rally in bullion prices has further pressured the rupee by inflating the import bill. Forex market participants said that the Reserve Bank of India’s (RBI) intervention …

Shark Tank pitcher hasn’t spent a rupee on 430 flights, 100 hotel nights, jewellery worth Rs 15 lakh; grabs 4-shark deal on ‘naya totka’ | Television News

Shark Tank pitcher hasn’t spent a rupee on 430 flights, 100 hotel nights, jewellery worth Rs 15 lakh; grabs 4-shark deal on ‘naya totka’ | Television News

Published by Parlour News

Shark Tank India is currently airing its Season 5 on SonyLIV and the latest episode of the show saw an entrepreneur who promised to maximise and get the best out of credit card points. Ashish Lath from Gurugram presented his company Save Sage, which is an AI powered app based platform that finds the best credit card for one’s usage and tracks their reward points to suggest the best deals for them. Basically, it tells the users how to maximise the points they earn on their spends. Ashish shared there are 11 crore credit cards in India and an average user has 1.5 credit cards. He was pitching to Kunal Bahl, Anupam Mittal, Namita Thapar, Mohit Yadav and Aman Gupta. Ashish sought Rs 1 crore in exchange of 1 percent equity, valuing his company at Rs 100 crore. He revealed that he used to be Kunal’s Executive Assistant in the past. An impressed Anupam Mittal said one of the things Ashish said ‘aise hi’ struck him as the strongest point — the pitcher is actually …

Rupee hits record low, nuclear power bill opens door for private players, ICE arrest of Indian-origin woman sparks concerns

Rupee hits record low, nuclear power bill opens door for private players, ICE arrest of Indian-origin woman sparks concerns

Published by Parlour News

The Union government has introduced the Nuclear Power Bill in Parliament, proposing private sector participation in nuclear energy generation while limiting supplier liability. The move is aimed at boosting capacity addition and attracting investment in the strategic power sector. In an incident that has raised concerns among the Indian diaspora, several Indian students were injured and one was killed in a shooting attack at Sydney’s Bondi Beach. Australian authorities have launched an investigation as Indian officials remain in touch with local agencies. Meanwhile, the Sonia Gandhi-led Centre for Development of Advanced Computing (CDAC) has flagged concerns over ASHA and Anganwadi workers being overburdened and underpaid, recommending enhanced compensation and institutional support for frontline health workers. International News Australian police have confirmed that the Bondi Beach attackers had links to Hyderabad, adding an international dimension to the probe as coordination between Indian and Australian agencies intensifies. In the United States, an Indian-origin woman restaurateur was detained by Immigration and Customs Enforcement (ICE), triggering concern among immigrant advocacy groups over visa and detention practices. Separately, in Russia …

Fed rate cut eases pressure on rupee; India seen stable on FX, bonds: Report

Fed rate cut eases pressure on rupee; India seen stable on FX, bonds: Report

Published by Webster

The US Federal Reserve`s latest 25-basis-point rate cut has set the stage for a complex global monetary backdrop, but its implications for India are expected to be relatively stable, according to analysis from YES Bank`s Economics Research team. “For India, we think that the sharpest pressure for the INR is over as we expect gold imports as also non-oil non-gold imports to moderate over the remaining part of the year.” noted the report. The report notes that the Fed`s December policy vote was deeply divided, with six members even preferring a pause and significant uncertainty visible in projections for 2026. This fracture, combined with evolving US labour-market data, indicates that the bar for further rate cuts by the Fed remains high. Despite the softer dollar post-cut, the report highlights that currency movements in 2026 will be driven more by relative growth and fiscal dynamics than by synchronised global monetary easing. For India, this environment is expected to ease pressure on the rupee. YES Bank expects gold and non-oil, non-gold imports to moderate, while foreign portfolio …

With rupee at 90, studying abroad just got more expensive for Indians

With rupee at 90, studying abroad just got more expensive for Indians

Published by Parlour News

This comes at a time when a global employment squeeze is prompting many graduates to return to India without securing work abroad, leaving them to repay loans that are now costlier than they had budgeted for in rupee terms. The Indian rupee’s (INR) slide past 90 per US dollar will hit students at various stages of their study-abroad journey, with their overall costs jumping sharply, said Victor Senapaty, founder of Westbridge Capital-backed education financier Propelld. “The same hundred thousand dollars suddenly becomes much more expensive in rupee terms,” Senapaty said. After breaching the 90-per-dollar mark on Wednesday, the rupee slipped further to an all-time low of 90.56 on Thursday before pulling back to close at 89.98. The domestic currency settled at 89.94 on Friday. The average ticket size for a loan from a non-bank lender for studying in the US is ₹40 lakh. An average loan size at a bank is similar, although there is a provision to avail higher loans. A four-year undergraduate degree could cost as high as $55,000-$100,000 a year for certain …