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Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. Illustration: Dominic Xavier/Rediff The maturing short positions in the non-deliverable forwards market further weighed on the

India-EU FTA: Textiles, pharma, engg to get major boost

India-EU FTA: Textiles, pharma, engg to get major boost

Textiles, pharmaceuticals, chemicals, engineering goods, gems and jewellery exports will receive a boost from the free trade agreement between India and the 27-nation European Union, according to exporters. Photograph: Yves Herman/Reuters The conclusion of negotiations for the agreement is likely