Mumbai: Reserve Bank of India governor Raghuram Rajan has said though the country has enough foreign exchange reserves, no nation can fully insulate itself from external vulnerabilities."We are well-buffered with substantial reserves, though no country
Mumbai: Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participation, which needed to be addressed urgently."It is important that
Mumbai: Although the rupee gave a thumbs up to the assembly poll results, market observers say that the rally is likely to be short-lived as higher US dollar demand from oil marketing companies (OMCs) weigh.Bankers
Mumbai: Forex reserves jumped for the second consecutive week by adding $1.459 billion in the week to November 15, taking the overall reserves to a healthy $283.57 billion, on account higher foreign currency assets.In the
Mumbai: Indian markets are fast losing their fizz with the benchmark Sensex down almost 1,000 points since a cracker of a Diwali and the rupee heading towards the 64-mark against the dollar, a level not
Mumbai: The rupee continued to slide against the dollar for the fifth day in a row and closed down 47 paise at a fresh two-month low of 63.71 today amid bearish local equities and demand
Mumbai: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain open on Sunday between 6:15pm and 7:30pm for muhurat trading, a token trading activity on Diwali which is considered very auspicious.
New Delhi: The Reserve Bank of India on Monday fixed the reference rate of the rupee against the U.S. dollar at 61.5030 and the euro at 84.8825 as against 61.6250 and 85.1350 on last Friday.In
Mumbai: Stock markets are likely to take cues this week from the outcome of RBI's second quarter review of monetary policy, US Federal Reserve meeting and the next batch of quarterly results from bluechips like
Mumbai: Even as Reserve Bank is working on launching a futures instrument in government bonds, market players are having reservations over the design of the proposed product, citing poor experience in the past with such
Mumbai: The rupee had its biggest gain in two weeks, rising 60 paise to 61.23 against the dollar today, after US lawmakers reached a deal to end the government shutdown and temporarily avoid a debt
Mumbai: The rupee today retreated from a seven-week high, dropping 35 paise to close at 61.79 against the dollar, after stocks weakened on concerns about the continuing US government shutdown.Fresh dollar demand from importers also
Mumbai: Forex reserves fell by USD 1.12 billion to USD 276.26 billion in the week to September 27 as foreign currency assets fell sharply by nearly USD 1.3 billion, the Reserve Bank said today.The reserves
Mumbai: The rupee appreciated by a further 73 paise to close at an almost seven-week high of 61.73 against the dollar today as the US currency weakened globally following the budget impasse in Washington and
New Delhi: The S&P BSE Sensex snapped four weeks of gaining spree, dropping sharply on profit-bookings and concerns that RBI would hike rates further to curb high inflation.After riding high on the back of a
New Delhi: Faced with a high current account deficit and declining forex reserves, Finance Minister P Chidambaram in his forthcoming US visit will meet FIIs in San Fransisco to woo investments. The Minister will be in
Mumbai: The Indian rupee failed to maintain initial gains and was quoted lower by 11 paise to 63.95 per dollar in late morning trade today on fresh demand for the US currency from importers. The
Mumbai, Sept 25: Extending its gains for the third straight session, the rupee today gained 11 paise to hit a fresh over 18-week high of 53.36 against the US dollar on fag-end selling of the
New Delhi, Aug 24 : The Enforcement Directorate has slapped a show cause notice against a firm related to Yoga guru Ramdev's close aide Balkrishna for alleged violations of forex rules.Balkrishna, who has been booked
Mumbai, Aug 10 : The rupee lost 16 paise to Rs 55.43 against the US dollar in early trade today at the Interbank Foreign Exchange market on strengthening of the American currency overseas.Forex dealers said
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