Rupee Slide: Tough Times For Overseas Corporate Debt

Raising overseas debt has become prohibitively expensive due to the depreciating rupee. Photograph: Kind courtesy Jatinder Jeetu/Pixabay Indian companies’ foreign borrowings plunged 20.2 per cent to $23.33 billion in 2024, down from $29.22 billion a year earlier. With the Indian

Hectic buying in blue-chip stocks lifts Sensex by 500 points

Equity benchmark indices Sensex and Nifty rebounded sharply on Monday after five days of steep decline amid value buying at lower levels and a rally in global markets. Besides, hectic buying in blue-chip stocks ITC, HDFC Bank and Reliance Industries

Sensex, Nifty edge up in choppy trade

Benchmark equity indices Sensex and Nifty closed higher in choppy trade on Wednesday as investors awaited key US inflation data for further cues. The 30-share BSE Sensex rose by 16.09 points or 0.02 per cent to close at 81,526.14. Snapping