Rupee crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year
1 month ago

Rupee crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year

Live Mint  

As the Indian rupee continues to fall against the US dollar, students from India who plan to travel abroad for higher studies stare at a tough road ahead. Although the banking regulator’s intervention strengthened the rupee by nearly one per cent against the US dollar, the rupee still trades nearly five per cent lower than its level one year ago. 5 per cent fall in one year Nearly a year ago, the dollar traded around 82.87 against the Indian rupee, according to Investing.com data. Higher budget needed Some experts suggest that US-bound Indian students will need a higher budget this year not only for tuition but also for living expenses.

Indian Cost Study Rupee Dollar One Year Students Dreams  lakh  cent  nearly  cost  dollar  indian  total  usbound  study  crash  living  students  dreams  rupee  shadow

History of this topic

Rupee falls 24 paise to 85.93 against U.S. dollar in early trade
Trending News
4 days, 1 hour ago

Rupee falls 24 paise to 85.93 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 24 paise to 85.93 against the U.S. dollar in early trade on Thursday, as U.S. President Donald Trump's tariff policies reignited fears of a global trade war, fuelling inflation concerns and causing ripple effects across currency markets. The U.S. dollar strengthened after Mr. Trump on late Wednesday announced long-promised 25% tariffs on automotive imports, set to take …

Why fewer Indian students are opting to study in Canada, the US and the UK
2 weeks, 6 days ago

Why fewer Indian students are opting to study in Canada, the US and the UK

Firstpost  

After witnessing a post-pandemic rise in Indian students going abroad for studies, there was an approximate 15 per cent decline, with figures falling from 892,989 in 2023 to 759,064 in 2024. The country-wise breakdown suggests that Indian students going to Canada, the US, the UK and Australia witnessed a sharp decline of 27 per cent. According to the data shared …

Rupee rises 9 paise to 87.28 against U.S. dollar in early trade
4 weeks ago

Rupee rises 9 paise to 87.28 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 9 paise to 87.28 against the U.S. dollar in early trade on Monday as the American currency index retreated from elevated level and domestic equity markets indicated some recovery after firm macroeconomic data. The Reserve Bank on Friday conducted U.S. dollar-rupee swap worth $10 billion for injecting long-term liquidity in the system, with the auction eliciting robust …

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks
1 month ago

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks

Deccan Chronicle  

Mumbai: The Indian rupee fell sharply by 51 paise on Tuesday to settle at 87.23 against the US dollar due to month-end dollar demand by importers and oil marketing companies, covering of short positions due to the expiry of the futures contract, uncertainty over US trade tariffs, and outflows from foreign portfolio investors. Over the past six months, the Indian …

Rupee crashes 44 paise to all-time low of 87.94 against US dollar
1 month, 3 weeks ago

Rupee crashes 44 paise to all-time low of 87.94 against US dollar

India Today  

The rupee hit a new all-time low on Monday as concerns over potential U.S. trade tariffs triggered losses across most regional currencies. In early trade, the rupee weakened to 87.95 per U.S. dollar, surpassing its previous record low of 87.5825 from last week. The rupee was expected to breach the 88 level at the open, but dollar sales helped it …

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver
1 month, 3 weeks ago

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver

ABP News  

The Indian rupee hit an all-time low on Wednesday, during afternoon trade amid a slump in Asian equities. The rupee dropped to 87.35 against the US dollar, surpassing its previous record low of 87.28 set on Monday, and was down nearly 0.3 per cent for the day. Asian equities pared their gains after Chinese stocks opened lower, as investor caution …

Will rupee breach the 90 mark against dollar soon?
2 months ago

Will rupee breach the 90 mark against dollar soon?

India Today  

A weakening rupee has become a hot topic of discussion again. “The rupee traded flat near 86.5 as market participants remained cautious ahead of the US Federal Reserve’s policy decision,” said Jateen Trivedi, vice-president-research, commodity and currency, LKP Securities, ahead of the Fed’s meeting on Wednesday. Any major policy changes could impact rupee sentiment in the near term,” said Trivedi, …

Rupee hits all-time low of 86.3537 as US dollar rallies, crude surges
2 months, 2 weeks ago

Rupee hits all-time low of 86.3537 as US dollar rallies, crude surges

Hindustan Times  

The rupee hit an all-time low on Monday, January 13, 2025 as it slid down for the second straight session as the US dollar rallied upon better-than-expected job growth in the US market. Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year US bond yields also remaining high at 4.76% At 10:07 am IST, …

Falling Rupee Burdens Parents of Telugu Students Heading to the US
3 months ago

Falling Rupee Burdens Parents of Telugu Students Heading to the US

Deccan Chronicle  

Hyderabad: Fall of the rupee’s value against the dollar will have wide implications across sectors, but impact will be even more on parents from the two Telugu states, whose children are heading to the US to pursue higher studies in the ensuing spring season. In rupee terms the impact could vary between `4 lakh and `8 lakh depending upon the …

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar
3 months, 2 weeks ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu  

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November …

Rupee takes a dive, more turbulence in 2025
3 months, 2 weeks ago

Rupee takes a dive, more turbulence in 2025

Live Mint  

What triggered the rupee’s recent fall? The Indian rupee breached a record low of 84.85 per dollar this week and briefly tested 85.06-per-dollar levels as outgoing Reserve Bank of India governor Shaktikanta Das’s term ended on Tuesday. However, increasing geopolitical uncertainty, attractive US government bond yields, cheaper crude oil prices and heavy foreign institutional investor outflow from domestic equities further …

Indians paid most of $50 bn that US earned from overseas students in 2023
4 months ago

Indians paid most of $50 bn that US earned from overseas students in 2023

India Today  

So what if a candidate of Indian origin, already vice-president of the United States, could not make it to the White House in this presidential election? In 2023-24, the US had an all-time high of 1.12 mCillion international students, about 6 per cent of the total students on US campuses. Undergraduate student numbers from India also increased by 13 per …

India beats China as top source of students to US, reclaims spot after 15 years
4 months, 1 week ago

India beats China as top source of students to US, reclaims spot after 15 years

India Today  

India has dethroned China as the leading source of international students to the United States for the 2023-2024 academic year. INDIA SURPASSES CHINA TO SEND MAXIMUM STUDENTS TO US Overall, the two countries, India and China, end up sending half of the international students to the US. “International students enrich our campuses, foster cultural exchange, and contribute significantly to our …

Rupee falls to all-time low against US dollar
4 months, 2 weeks ago

Rupee falls to all-time low against US dollar

Deccan Chronicle  

Mumbai: The rupee slipped 2 paise to an all-time low of 84.40 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors' sentiments. Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank …

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?
4 months, 2 weeks ago

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Live Mint  

The Indian rupee hit a record low on Monday against the US dollar, reflecting broader weakness among Asian currencies under pressure following Donald Trump’s victory in the U.S. elections. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.05% at 105.05, near the four-month peak achieved last week following Trump’s win. …

Overseas Indian Students Losing Rs 548 Billion In Forex Fees, US Most Costly: Study
1 year, 1 month ago

Overseas Indian Students Losing Rs 548 Billion In Forex Fees, US Most Costly: Study

News 18  

A study conducted by Wise, the global technology company, highlighted the significant financial challenges faced by Indian students when pursuing higher education abroad. Beyond tuition fees and living expenses, Wise’s research revealed that Indian international students are also losing around Rs 548 billion in foreign exchange fees, an often overlooked expense. The research ranked the 10 most expensive destinations to …

Rupee ends 12 paise lower at 83.18 against the US dollar
1 year, 3 months ago

Rupee ends 12 paise lower at 83.18 against the US dollar

Live Mint  

The Indian rupee ended 12 paise lower against the US dollar on Tuesday tracking losses in Asian peers as the US Federal Reserve policymakers tempered US rate cut expectations. While local dollar demand from importers weighed on the rupee, positive sentiment in the domestic equity markets amid foreign fund inflows limited the downfall. The domestic equity market ended higher amid …

Why students need to research the economy of the country they wish to study in
1 year, 10 months ago

Why students need to research the economy of the country they wish to study in

The Hindu  

Studying abroad has many advantages: it opens the doors to global prospects and a successful career, helps develop a well-informed attitude and a broader perspective of other cultures and people and gives one an edge in an increasingly competitive world. Impact of inflation Not only is higher education expensive at private and foreign universities, but the rate of inflation in …

High costs no bar to foreign study plans
2 years, 7 months ago

High costs no bar to foreign study plans

Live Mint  

Foreign education is getting dearer. “The sentiments have not gone down at all and I don’t see a major shift as long as the US continues to welcome students," said Sanjay Laul, chief executive officer of M Square Media, an international education platform. “While the depreciating rupee may have increased costs for US-bound students, that’s not the case for other …

Despite pressures, the Indian rupee’s remarkable resilience
2 years, 8 months ago

Despite pressures, the Indian rupee’s remarkable resilience

The Hindu  

The Indian rupee has depreciated by around 7% against the U.S. dollar, since the start of the year, in response to various domestic and global factors. Specifically, a widening current account deficit, persistent risk-off sentiment as a result of geopolitical tensions, ‘a strengthening dollar index, and continuous sell-off by foreign portfolio investors have all put pressure on the rupee’. Elevated …

Rupee Drops to Lifetime Low of 80.06 against US dollar Today; 5 Things to Know
2 years, 8 months ago

Rupee Drops to Lifetime Low of 80.06 against US dollar Today; 5 Things to Know

News 18  

The Indian rupee plunged to another record low on Thursday. The local unit has remained under pressure throughout this calendar year, due to monetary policy tightening of the developed markets economies and continuous outflow of the foreign portfolio investors from the capital markets. 3) “On India’s foreign capital portfolio flows as well, July trends show Foreign Institutional Investors outflows from …

Explained: What the rupee falling to low of 80 against US dollar means for you
2 years, 8 months ago

Explained: What the rupee falling to low of 80 against US dollar means for you

Firstpost  

The Indian currency dropped to a record low of 80.05 against the US dollar. From more expensive holidays to costlier mobile phones, here’s how the rupee depreciation affects you The Indian rupee sank to an all-time low of 80.05 against the US dollar on Tuesday morning. #UPDATE The Indian rupee fell to more than 80 per US dollar for the …

Rupee hits all-time low of 80 against US dollar in early trade
2 years, 8 months ago

Rupee hits all-time low of 80 against US dollar in early trade

India Today  

The Indian Rupee on Tuesday, July 19, sunk to a record low of 80 per US Dollar in early trade for the second day in a row, reported news agency ANI. The Union government on Monday admitted in Parliament that the value of the Indian rupee against the dollar has fallen by Rs 16.08 in the last eight years. Capital …

Rupee Falling Streak: Experts Feel Indian Currency May Hit 80 Per Dollar In 9 Months
2 years, 8 months ago

Rupee Falling Streak: Experts Feel Indian Currency May Hit 80 Per Dollar In 9 Months

News 18  

As the Indian market has been witnessing continuous outflows of foreign investments, the rupee has hit its record lows multiple times in the past few months. Experts said the rupee will face challenges in the coming few months and could possibly touch 80 levels against the US dollar in the medium term. Rahul Kalantri, vice-president of Mehta Equities, “We expect …

Data | Hitting record lows: What is driving the rupee’s fall?
2 years, 10 months ago

Data | Hitting record lows: What is driving the rupee’s fall?

The Hindu  

On Monday, the Indian rupee slumped to an all-time low of 77.36 against the U.S. dollar. India’s foreign reserves have also been dented due to the central bank’s intervention in the spot market to prop up the Indian unit. Click to remove AMP mode Intense selling The rupee’s fall has been accentuated by an exodus of foreign portfolio investors from …

Indian students contributed USD 7.6 billion to US economy last year
4 years, 4 months ago

Indian students contributed USD 7.6 billion to US economy last year

India TV News  

Indian students contributed USD 7.6 billion to the US economy in the academic year 2019-20, even though there was a 4.4 per cent drop in the total number of Indian students, according to a report. Despite a slight decline in the number of international students in the United States during the 2019-20 academic year, this group still represents 5.5 per …

Indian rupee ends lower as investors await US-China developments
5 years, 5 months ago

Indian rupee ends lower as investors await US-China developments

Live Mint  

Mumbai: Mumbai: The Indian rupee on Wednesday closed lower against the US dollar as investors turned cautious on emerging market assets after a new twist in US-China relations. Investors turned cautious, eyeing developments on the US-China trade deal after Beijing threatened retaliation if Washington enacts the Hong Kong Bill that would require an annual review of whether the city is …

Rupee crashes to over 8 month low of 71.81 against USD
5 years, 7 months ago

Rupee crashes to over 8 month low of 71.81 against USD

India TV News  

The Indian rupee on Thursday plunged to an over eight-month low of 71.81, dropping 26 paise against the US dollar as tumbling equities and incessant foreign fund outflows weighed on sentiment. Bringing the rupee under more pressure, the global crude benchmark Brent Futures rose 0.75 per cent to trade at USD 60.75 per barrel on Thursday. "Indian rupee falls to …

Rupee weakens against dollar as govt measures disappoint
6 years, 6 months ago

Rupee weakens against dollar as govt measures disappoint

Live Mint  

Mumbai: The Indian rupee on Monday weakened against the US dollar as investors were disappointed with the latest measures taken by the government to halt the continued fall in currency. Government on Friday unveiled series of steps to support the currency including relaxing overseas borrowing restrictions on manufacturers and easing the cap that limits foreign ownership of individual company bonds. …

Rupee crashes past 72: Currency mayhem signals a deeper problem; India must think long-term, find solutions within
6 years, 6 months ago

Rupee crashes past 72: Currency mayhem signals a deeper problem; India must think long-term, find solutions within

Firstpost  

Editor’s note: The Indian rupee has crashed past the 72-mark against US dollar and continues to be on a roller coaster ride. Does rupee at 72 rings alarm bells to the Indian economy or is there an opportunity in the currency crisis as Narendra Modi government claims? A recent International Monetary Fund analysis even suggested that a significant currency depreciation …

QBiz: Amazon Hits $1 Trillion; Rupee’s Slide Hits Students Abroad
6 years, 6 months ago

QBiz: Amazon Hits $1 Trillion; Rupee’s Slide Hits Students Abroad

The Quint  

The rupee’s slide spells bad news for scores of Indian students in the US and other dollar-driven European countries. With the rupee breaching the 71 mark against the dollar, there is increasing concern not only among the students, but also their parents back home. Over the past six months, the steep fall in the value of the rupee has resulted …

More Indians going abroad for studies, but foreign students aren’t coming in
6 years, 7 months ago

More Indians going abroad for studies, but foreign students aren’t coming in

Live Mint  

New Delhi: While the government has stepped up its efforts to improve the quality of higher education institutions in India, more and more Indian students seem to be preferring to study abroad. When overseas education expenses by Indian students had fallen by 20% to $1.98 billion from $2.47 billion in the previous year in 2015-16, experts and government authorities had …

Rupee hits all-time low against the US dollar: why is it falling and what may it lead to
6 years, 9 months ago

Rupee hits all-time low against the US dollar: why is it falling and what may it lead to

Op India  

The India rupee fell to an all-time low of 69.03 against the US dollar on Thursday compared to its previous record low of 68.86 on November 24, 2016. The things which have affected the rupee fall: India being a net importer of crude oil, rising crude oil price is not good for the country as it will impact current account …

Why is US turning Indian students back?
9 years, 2 months ago

Why is US turning Indian students back?

India TV News  

Washington: Call it pre-election rhetoric or post Paris and St Bernardino paranoia, Indian students coming to the US have been caught in a bind, with many deported or denied entry for no fault of theirs. It all started from San Francisco about two weeks after the December 2 terrorist attack in St Bernardino by a Pakistani couple, with Air India …

Rediscovering America: After long slump, Indian students in US schools up 6 percent
10 years, 4 months ago

Rediscovering America: After long slump, Indian students in US schools up 6 percent

Firstpost  

Applications to American colleges from international students has reached an all-time high, reaffirming the strength of US institutions in an increasingly competitive market for tuition paying foreign students. New York: Applications to American colleges from international students has reached an all-time high, reaffirming the strength of US institutions in an increasingly competitive market for tuition paying foreign students. In fact, …

More Indian students shunning UK varsities
11 years, 2 months ago

More Indian students shunning UK varsities

Hindustan Times  

The number of Indian students enrolling at British universities has dropped by nearly 50% in two years, rattling ministers and university officials who have been trying hard to overcome negative perceptions abroad about recent changes to the student visa system. HT Image Decline in number of Indian students that started in 2011-12 has continued in the last academic year, leading …

As Indian students in US decrease, Chinese hits record high
11 years, 4 months ago

As Indian students in US decrease, Chinese hits record high

India TV News  

As Indian students in US decrease, Chinese hits record high Washington: The number of Indian students studying in the US has witnessed a 3.5 per cent decline in the 2012-13 academic year due to the sharp devaluation in the Indian rupee.A total of 96,754 students Washington: The number of Indian students studying in the US has witnessed a 3.5 per …

Indian economy in crisis
11 years, 7 months ago

Indian economy in crisis

India TV News  

Image Source : INDIATV 1/8 This sand sculpture righlt explains the plight of the Indian Rupee. Image Source : INDIATV 3/8 Activists of Democratic Youth Federation of India shout slogans during a protest against the government over the fall of the Indian rupee, in Hyderabad. Image Source : INDIATV 4/8 The Indian rupee fell to a record low against the …

Rupee fall to hit admissions to varsities abroad
11 years, 9 months ago

Rupee fall to hit admissions to varsities abroad

The Hindu  

With the rupee sliding to its weakest ever against the dollar, students aspiring to study abroad are recalibrating their options. Assuming the average tuition fee in a U.S. university is about $10,000, students joining this fall may find their bills increasing by at least Rs. Most often, students who decide to go abroad don’t change their decision; instead, they look …

Rupee slump hits students studying abroad
12 years, 9 months ago

Rupee slump hits students studying abroad

India TV News  

New Delhi, Jun 10: The depreciating rupee has no doubt cast a cascading effect on the economy but the worst-hit are Indian students studying abroad or those planning for higher studies in foreign universities as they have to shell out more money compared to what it was required a year ago. As the rupee has weakened by about 20 per …

Plummeting rupee worries students keen to study abroad
12 years, 10 months ago

Plummeting rupee worries students keen to study abroad

The Hindu  

The plummeting rupee value has severely hit the students who have begun the processing of higher education abroad this year while parents of those who are already pursuing courses abroad are bearing the pain of shelling out more. She initiated the process in August last when the rupee value was 48 per US dollar. Fewer scholarships “The US dollar has …

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