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Tag: Depreciating rupee
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High fuel prices, depreciation of rupee to hamper margins in aviation sector
Even as the recovery in the aviation sector has been highly impressive with stable traffic at around 90 per cent of pre-Covid levels, Brokerage firm Prabhdas Lilladhar has said the domestic passenger traffic is likely to decline nearly 8-9 per cent QoQ, led by the seasonal nature of Indian aviation industry.
October 6, 2022 -
Depreciating rupee will kill small businesses: Mamata
She also said farmers' distress will be compounded as the rupee fell further on Thursday to a new record low beyond Rs 70.20 against the dollar.
August 16, 2018