Barclays sees rupee falling to Rs72/dollar by 2018-end

[tacobell fan]

45 minutes ago, boeing747 said:

Edo timepass ankul...LA vachedi confirm ayinda nuvu

Yep. Monday evening mostly or Tuesday evening.

[pizzaaddict]

 

Indian Rupee Decline Continues As Market Adjusts

What’s going on here?

The Indian rupee hit a record low of 83.7150 against the US dollar on Tuesday, driven by volatile local equity price actions and government tax policies.

What does this mean?

The Reserve Bank of India (RBI) is stepping in to manage the rupee's depreciation, ensuring a gradual rise in the dollar/rupee exchange rate. Despite these efforts, the market is expecting further declines, with the rupee opening at 83.70-83.71 compared to 83.6875 in the previous session. This comes on the heels of the Indian government raising taxes on equity profits and derivatives trades, leading to increased market volatility. 

[pizzaaddict]

 

@Raisins_72 leader in 2012 

[pizzaaddict]

[pizzaaddict]

 

2014	60.95
2015	66.79
2016	67.63
2017	64.94
2018	70.64
2019	72.15
2020	74.31
2021	75.45
2022	81.62
2024	83.70

[pizzaaddict]

blunder of nehru & cong , leader untey opposite trend lo undedhi ani 2013 lo annaru . 

[Pavanonline]

1 hour ago, pizzaaddict said:

blunder of nehru & cong , leader untey opposite trend lo undedhi ani 2013 lo annaru . 

Economics wise nothing different between Congress and BJP both are look for govt revenue instead of people revenue. 

[pizzaaddict]

38 minutes ago, Pavanonline said:

Economics wise nothing different between Congress and BJP both are look for govt revenue instead of people revenue. 

Taxes on middle class ani leader agenda.  Leader ee term ami chestaro interms of jobs creation choodam 

[Pavanonline]

https://www.cnbc.com/2024/07/24/india-clearly-has-a-problem-finding-new-drivers-for-economic-growth.html

[pizzaaddict]

7 minutes ago, Pavanonline said:

https://www.cnbc.com/2024/07/24/india-clearly-has-a-problem-finding-new-drivers-for-economic-growth.html

Exports should increase which in turn related to production. What new innovative ideas they can bring to increase production or atelast to  compete with other nations. 

 

[nag]

6 hours ago, pizzaaddict said:

 

[ButtonMohanReddy]

Ok

[akkum_bakkum]

7 hours ago, pizzaaddict said:

2011 lo 55 ekkadundi raa babu.....38 ki loan repay chesa naa bathuku 

[phatposts]

1 hour ago, akkum_bakkum said:

2011 lo 55 ekkadundi raa babu.....38 ki loan repay chesa naa bathuku 

hey shame2shame. all the days when i had to send home it was avg 43 ish 

goddu chaakiri chesi loans teercha. 

now when i keep money in USD - its 60 70 80 next 5y lo 100 avtundi 

[Pavanonline]

7 hours ago, pizzaaddict said:

Exports should increase which in turn related to production. What new innovative ideas they can bring to increase production or atelast to  compete with other nations. 

 

Ultimately govt can't come with ideas, it has to come from people. Govt job is to provide infra and environment like dispute resolution for someone with an idea to take it to reality. Kani mana govts Avi cheyalsinavi cheyavu avasaram leni vatilo finger pedatai