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BUSINESS

BUSINESS latest

Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

ALBAWABA- India’s currency is under renewed strain, with the rupee sliding to a record low against the U.S. dollar in late April, intensifying pressure on the Reserve Bank of India to steady markets while shielding the broader economy. The rupee weakened to around 96 per dollar on Thursday, marking a sharp decline from levels near 91–92 earlier this year and extending a multi-year slide that has eroded more than 12% ...
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Al Bawaba
June 14th, 2015 - 04:00 GMT

Why get an MBA?

If Qatar's bid is successful, future meetings will be held in Doha. (Shutterstock)
June 14th, 2015 - 04:00 GMT

Qatar nominated to lead international anti-corruption body, despite FIFA corruption investigation

Al Bawaba
June 14th, 2015 - 04:00 GMT

Buying a new car? Here's how automotive digital advertising influences your decision

Al Bawaba
June 14th, 2015 - 04:00 GMT

King Kong descends on UAE as Hisense launches new rugged phone

Al Bawaba
June 13th, 2015 - 05:00 GMT

Arab investors eye Oz for real estate

Al Bawaba
June 12th, 2015 - 12:00 GMT

The Wasta Way: Media mogul Murdoch hands over to sons James and Lachlan

Al Bawaba
June 12th, 2015 - 09:30 GMT

Twitter ditches 140 character limit for direct messages

Al Bawaba
June 11th, 2015 - 02:00 GMT

Jordan vies to become major filming destination despite crowded market, investor fears

Al Bawaba
June 11th, 2015 - 01:46 GMT

London's Israeli Film Festival organizers ignore boycott

Al Bawaba
June 11th, 2015 - 01:03 GMT

Financial planning: Take time now, save money later

The development of the Nile River basin is an area of mutual concern for Sudan, Ethiopia and Egypt. (Wikipedia)
June 11th, 2015 - 01:00 GMT

Egypt, Sudan, Ethiopia form tripartite coordination 'Supreme Council'

During the visit
June 11th, 2015 - 11:22 GMT

DEWA organises field visits for UAE Society of Engineers

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