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IndiGo, rupee
India's IndiGo airline posts Q3 profit drop as rupee depreciates
India's IndiGo airline operator Interglobe Aviation reported an 18.6% drop in third-quarter profit on Friday, as foreign exchange losses ballooned, outweighing steady air travel demand and lower fuel costs.
IndiGo flies high despite rupee air pocket
IndiGo, India's largest airline, reported a profit of Rs 2,499 crore, impacted by currency fluctuation. Excluding this, profit rose by 26% to Rs 3,850 crore. Increased demand, operational excellence,
India’s IndiGo airline posts Q3 profit drop on rupee depreciation
India's IndiGo airline operator Interglobe Aviation reported an 18.6% drop in third-quarter profit on Friday, as foreign exchange losses ballooned, outweighing steady air travel demand and
9h
Ease liquidity; let rupee adjust on its own, economists tell RBI Governor
The discussions featured mainly around liquidity, interest rates, rupee and macroprudential measures of the RBI. Many ...
19h
India's IndiGo forecasts higher fourth-quarter demand
Indian airline IndiGo on Friday said it expects strong air travel demand in the fourth quarter of the ongoing fiscal year, ...
4d
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing ...
4h
How the falling rupee could increase financial burden on companies that went for overseas borrowing
As rupee continues to weaken, companies that raised funds when the rupee was stable at around 82-83 will be forced to ...
12d
India rupee declines past 86/USD on resilient US economy, weak inflows
The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that ...
4d
India’s RBI to ‘Play it Slow’ on Defending Rupee, Axis Bank CEO Says
India’s central bank is unlikely to mount a strong defense of the rupee despite the currency’s sharp depreciation, according ...
1d
Short Rupee on India growth slowdown, UBS Narain says
Indian stocks have lost almost $500 billion in market value in the past month, with MSCI Inc.’s index for the nation marking ...
3d
on MSN
WEF Davos | Rupee, Jobs & Growth: Raghuram Rajan’s Take On India’s Economy
At the World Economic Forum in Davos, Raghuram Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance at ...
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