Indian Rupee up 5 paise against dollar
Mumbai: The rupee edged higher by five paise to 62.05 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained selling […]
Finance
7 Sensex companies’s market value declines Rs 47,050 crore
Mumbai: Out of the top-10 Sensex companies, the combined market valuation of seven companies tumbled Rs 47,050 crore, with Reliance Industries and HDFC Bank taking […]
Rupee recovers 19 paise to 62.37 against dollar in early trade
Mumbai: The rupee recovered by 19 paise to 62.37 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market on […]
RBI stated to start exchanging pre-2005 currency notes
New Delhi: RBI stated, “Members of public may initiate the process of exchanging notes at bank branches at their convenience.” The RBI said that the […]
RBI warned to withdraw currency notes issued before 2005
New Delhi: The Reserve Bank of India had warned that they would withdraw all banknotes that had been issued before 2005 from circulation. RBI had […]
SBI supports charging customers for ATM usage
Stating that its ATM operations are making losses, nation’s largest bank SBI has said it is all for charging customers for transactions. It also said […]
RBI said, economy ready for taper, page CAD below 3%
New Delhi: Painting an optimistic picture on the external front, the Reserve Bank has said the country is ready for the US Federal Reserve’s tapering, and has […]
Rupee up 13 paise in early trade
New Delhi: Rupee had recovered its position by 13 paisa against dollar in trade market at Interbank Foreign Exchange market on increased selling of the […]
Rupee down 12 paise against dollar on December 26
Mumbai: The rupee today weakened by 12 paise to 61.91 against the dollar in early trade at the Interbank Foreign Exchange market due to demand […]
Finance Minister calls for high level probity in capital market
New Delhi: Finance Minister P Chidambaram said on today, Indian capital markets are facing many concerns including low level of retail participations, which needed to […]
Indian Rupee up 14 paise to 62.27 vs dollar in early trade
New Delhi: The rupee on Friday gained 14 paise to 62.27 against the dollar in early trade at the Interbank Foreign Exchange market on fresh […]
Rupee down 9 paise to 61.55 against dollar
New Delhi: The rupee down 9 paise to Rs 61.55 against the US dollar in early trade on Friday on the Interbank Foreign Exchange market […]
Raghuram Rajan panel says: Odisha, Bihar, MP least developed states
New Delhi: A six-member expert committee constituted by the Centre on fixing a new criterion for determining the backwardness of Indian states on Thursday gave […]
India Governor Raghuram rajan says, Be ready to pay more EMIs
Mumbai: Reserve Bank of India Governor Raghuram Rajan may raise policy rates again after shocking markets by increasing them in only his first meeting, signaling […]
Sensex falls over 300 points; slips below 20,000; Bankex falls 4%
MUMBAI: The Nifty extended its intraday losses and was near day’s low as traders booked profits in rate-sensitive’s such as banks and realty stock after […]
Reserve Bank of India (RBI) reignites war on inflation
New Delhi: Surprises with 25 bps repo rate hike, but slashes MSF rate by 75 bps and cuts daily CRR to 95% to ease liquidity.“Of […]
RBI hikes repo rate by 0.25% in surprise move, Sensex plunged 500 points
New Delhi: Reserve Bank governor Raghuram Rajan hiked the key repo rate by 0.25 per cent in an unexpected move on Friday. The repo rate […]
Rupee Jumps 158 Paise to 1-Month High Vs US Dollar As Federal Reserve Defers
New Delhi: Indian stocks and rupee rallied broadly on Thursday after the Federal Reserve stunned markets and decided not to taper its asset-buying programmed. The […]
The Indian Rupee Climbs 138 paise against Dollar
New Delhi: The rupee had settled at 67.07 against the dollar Wednesday, up by 56 paise over the previous day’s close.The Indian rupee Thursday strengthened by hefty […]
Leather companies earn more from Armani on weak rupee
CHENNAI: The entire country is weeping over the recent slide in the rupee. But Mohan Sreenivas is a happy man, as are several of his […]
Income tax department goes slow on refunds over Rs 1 lakh
New Delhi: The income tax department is going slow on several refunds of over Rs 1 lakh for 2011-12, amid slowing revenue growth due to the faltering […]
No reversal of economic reforms, will reverse rupee slide: Prime Minister Manmohan Singh
NEW DELHI: Prime Minister Manmohan Singh on Friday ruled out reversal of reforms or resorting to capital controls to rescue the sliding rupee, which he said fell […]