Jaspreet Kalra

1 month ago | ca.finance.yahoo.com | Jaspreet Kalra |Ankur Banerjee

MUMBAI/SINGAPORE (Reuters) - Global investors are deserting India's stock market, selling shares at a record pace to buy Chinese stocks instead, in a dramatic reversal of fortunes for the Asian giants over the last six months. A hit to earnings from high inflation and interest rates have chipped 13% off Indian stocks from September's record high, wiping out $1 trillion in market value, while China's promise of stimulative policies lures investor interest.

1 month ago | sg.finance.yahoo.com | Jaspreet Kalra

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee is expected to open flat-to-slightly lower on Wednesday as worries about a slowdown in the U.S. economy continue to dampen risk appetite, while persistent portfolio outflows also weigh on the currency. The one-month non-deliverable forward indicates that the rupee will open at 87.22-87.24 to the U.S. dollar compared with its previous close of 87.2125.

2 months ago | reuters.com | Jaspreet Kalra

Reciprocal U.S. trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, the head of global foreign exchange at Jefferies said.

Jan 14, 2025 | reuters.com | Jaspreet Kalra

A customer hands a 50-Indian rupee note to an attendant at a fuel station in Ahmedabad, India, October 5, 2018. REUTERS/Amit Dave/File Photo MUMBAI, Jan 14 (Reuters) - The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India helped cap losses, traders said.

Nov 25, 2024 | reuters.com | Jaspreet Kalra

A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo MUMBAI, Nov 26 (Reuters) - The Indian rupee ended slightly lower on Tuesday, weighed down by a decline in its Asian peers after U.S. President-elect Donald Trump pledged to levy tariffs on the country's biggest trading partners. The rupee closed at 84.3275 against the U.S. dollar, compared to its previous close of 84.2875.