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Post Beyond_Headlines

Oil Woes Push Rupee to Over One Week Low, RBI Caps Fall Near ₹96 Per Dollar: What the Currency Slide Means for India

The Indian rupee came under renewed pressure on Monday as a sharp rise in crude oil prices collided with growing geopolitical uncertainty, pushing the currency to its weakest level in more than a week. The rupee settled at ₹95.9825 against the US dollar on September 28, down around 0.2% on the day, after spending much of the session close to the psychologically important ₹96 per dollar level. Dol…

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Post Beyond_Headlines

India’s Export Incentive Lifeline: Why the Likely Five-Year RoDTEP Extension Matters for Indian Businesses

India is preparing to make an important decision about one of its most widely used export-support mechanisms. The government is expected to extend the Remission of Duties and Taxes on Exported Products, or RoDTEP, scheme for another five years after its current extension expires on September 30, 2026. According to a government trade source cited by Reuters on September 16, the Commerce Ministry h…

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Post Beyond_Headlines

Why Is the Rupee Under Pressure? Oil, US Yields, Dollar Demand and What It Means for India

The Indian rupee has once again moved close to a psychologically important level against the US dollar, and the latest weakness is not being driven by one isolated event. It is the result of several forces operating at the same time: elevated crude oil prices, stronger demand for dollars from Indian importers, rising US Treasury yields, expectations of tighter US monetary policy, global geopoliti…

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