New Delhi: Emerging market currencies, including Indian rupee, are likely to remain under pressure, though depreciation is expected to slow from here, Barclays said in a research report today.According to the global financial services major,
New Delhi: India needs to "seriously" look at currency swap arrangements with various important trading partners with a view to stabilise the domestic currency, Commerce and Industry Minister Anand Sharma said today."... I was referring
New Delhi: The S&P BSE Sensex tanked 590 points on Tuesday, because of heavy selling caused by a steep fall in rupee and huge capital outflows by foreign funds.The benchmark BSE index slumped 3.18 per
Mumbai: New Delhi: The rupee on Tuesday breached the 66-mark against the dollar for the first time in history and quoted at 66.06 at mid-session. The Indian currency declined amid weak local equities and demand
New Delhi: With 12 per cent drop in rupee value against the US dollar making imports costlier, state- owned oil firms have demanded a one-time steep increase in diesel rates to make for the widening
New Delhi: Market regulator SEBI has started the process of framing new regulations and putting in place infrastructure to exercise newly granted powers, including those related to information collection, search and seizure operations and disgorgement
New Delhi: The Indian rupee opened sharply lower on Monday and traded with over 1 per cent losses. As of 12:48 pm, the rupee was trading at 64.13 against the dollar.Forex dealers said the capital
New Delhi: RSS chief Mohan Bhagwat has said that not only the Indian Indian rupee, but the economic model adopted by the country is on a ventilator."These days people say that the (Indian) Indian rupee
New Delhi: In the backdrop of the declining value of Indian rupee, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said the government has not drawn any red line on the Indian rupee, which he
New Delhi: Speculation or economics! What's fuelling the persistent fall in the value of the Indian rupee? The reasons, according to experts, are several. But most of them feel the bottom is yet to be
New Delhi: The rupee closed at 63.20 on Friday as against the US dollar, up 135 paise over yesterday's close.Yesterday, the domestic unit had hit a life-time low of 65.65 against the dollar in intra-day
New Delhi: Finance Minister P Chidambaram on Thursday said there was no need to panic and assured Indian investors that the Indian economy and currency is doing better than many countries across the world.While admitting
New Delhi: Gold prices surged by Rs 625 to Rs 31,750 per ten gram in the national capital on Thursday on weakening rupee amid stockists buying ahead of festive and marriage season.On similar lines, silver
New Delhi: Snapping a four-day losing streak, the BSE benchmark Sensex on Thursday surged 407 points, the biggest daily jump in nearly 2 months, on value-buying in bluechips led by the metal sector, amid robust
New Delhi: The government is likely to propose a higher levy for the super-rich under the new direct tax law. This includes a 35 per cent levy on those earning more than Rs 10 crore
New Delhi: New Delhi: The rupee tumbled further and hit an all-time low of 65.56 against the US currency on Thursday on persistent dollar demand from banks and importers in view of sustained capital outflows
New Delhi: Amid a continued slide in the value of rupee and stock market crash, Finance Minister P Chidambaram for the third day in a row held meeting with top officials and Reserve Bank Governor-designate
New Delhi: The current low growth in the Indian economy has consequences and implications for all the members of the BRICS nations, which calls for consolidation in our partnerships to establish a new growth trajectory,
Mumbai: The Sensex today plunged over 330 points in tandem with rupee breaching 64-mark but regained lost ground to a great extent to end only 61 points lower in line with the recovery of the
New Delhi: JPMorgan has downgraded Indian markets to 'neutral' from 'overweight' because of falling rupee, faltering economic growth and reversal of flows.The rupee fell to an all-time low of 64.15 versus US dollar on Tuesday.
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