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Rupee at risk from dollar gains, Experts predict it could slip to 82 as Dollar strengthens

Rupee tumbles to 78.95 today from 74.51 on January 1, 2022 Continuous FII outflows, rising dollar index, rising interest rates and inflation are major concerns. Sliding the rupee lower is a concern. Analysts predict that the rupee could fall as low as 82 in the coming time. India’s currency, the rupee, has been extremely volatile […]

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FinMin: India struggles with slow growth and high inflation

Presently, India struggles with slow growth and high inflation.  On Thursday, the finance ministry said in its Monthly Economic Review that the Russia-Ukraine crisis presents a twin challenge to the Indian economy.  Furthermore, the ministry informed that the government sought affordable options to procure crude oil.  In January, the Economic Survey predicted the Indian economy […]

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