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Rupee outlook: Do Venezuela crisis, Trump action signal rough ride for Indian currency? What analysts expect

Rupee might be headed in for a volatile ride this week! The currency has remained under pressure for the past year, weakening by nearly 5%, even hitting a record low of 91.14 against the dollar, before recovering. Over the past two weeks, rupee has declined continuously dragged down by strong year-end demand, slipping below the…

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Rupee continues to fall! Currency drops 4 paise in early trade; reaches 90.24 against US dollar

Rupee opened the week on a weak note, slipping 4 paise to 90.24 against US dollar in early trade on Monday, extending its downward momentum from 2025. The decline was triggered by ongoing geopolitical uncertainty as US intervention in Venezuela boosted demand for the American currency.Last week on Friday, the currency had fallen below the…

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‘If they don’t help on Russian oil issue…’: Donald Trump’s new tariff warning to India; praises PM Modi

US President Donald Trump (AP photo) US President Donald Trump on Monday issued a fresh warning to India, reiterating that the US will raise tariffs on New Delhi “if they don’t help on Russian oil issue,” once again tying his threat to the Russia-Ukraine war and India’s alleged role in bolstering Moscow through continued crude…

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‘Obesity therapy mkt set to evolve rapidly’

Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…

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No immediate impact seen on India’s oil supplies, prices

Developments in Venezuela are unlikely to immediately impact India’s oil supplies or prices, as Venezuelan crude has been largely absent from global markets due to US sanctions. While bilateral engagement has weakened, experts suggest India could diversify its sources if Venezuelan oil re-enters the market, potentially offering a sentimental impact on emerging market currencies. New…

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