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Rupee downs by 12 paise! 12 February 2013
The rupee today fell by 12 paise to 53.97 against the dollar in early trade, extending losses for the fifth straight session at the Interbank Foreign Exchange (Forex) market due to sustained demand for the US currency from importers. According...
Keywords: Interbank Foreign Exchange, forex dealers, rupee value falls., forex market
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Rupee value recovering, gains 9 paise against USD in early trade 10 July 2012
On Tuesday, at the Interbank Foreign Exchange market, the value of rupee increased marginally by 9 paise at 55.83 against the US dollar after being sold by the banks and exporters in early trade. Forex dealers reported that a higher...
Keywords: USD, Rupee value, Interbank Foreign Exchange, Interbank Foreign Exchange
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Finance Minister brainstorms on Indian economy 19 August 2013
Indian Finance Minister P Chidambaram has taken up an assessment of the current economic situation in the country in a meeting with heads of various departments. The purpose of the 3 hour long meeting was to brainstorm on ways to...
Keywords: Indian Economy, overseas direct investment (ODI), Disinvestment, Rupee value
Read More Rupee value appreciates against USD 09 April 2013
Rupee is having one of its merry times despite a slow growth after it rose for the third day consecutively. On Tuesday, the early trade has recorded another slight peak in rupee value taking it up 13 paise to Rs...
Keywords: Interbank Foreign Exchange, equity market, Interbank Foreign Exchange, usd
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Rupee elevates 19 paise! 27 February 2013
Today the rupee elevated by 19 paise to Rs. 53.90 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters. Moreover, forex dealers said that a higher opening in...
Keywords: dollar rates, Interbank Foreign Exchange, forex, US currency
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Petrol, Diesel prices slashed 03 February 2015
The petrol and diesel prices have been slashed yet again by Rs 2.42 and Rs 2.25 respectively. Much to the relief the government this time did not hike the excise duty and the cut prices will come effective from Tuesday...
Keywords: Petrol price reduced, Petrol price slashed, Rupee value, Petrol prices in India
Read More Rupee falls sixth day in a row 25 May 2013
All the week long the value of rupee was depreciating, sometimes with sharp falls while at others it managed to restrict the steeper ones but still descending. The rupee today ended 4 paise lower at fresh six-month low of 55.63...
Keywords: interbank, interbank foreign exchange, rupee value, forex rates
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Rupee Touches Record Low Per USD 14 August 2018
Rupee Touches Record Low Per USD:- The India rupee hits a record low of Rs 70 against US Dollar in the opening trade today. The Indian rupee has been depreciated by 10% this year. The rupee came down by Rs...
Keywords: BSE, India rupee with USD, BSE, India rupee
Read More Rupee gains against dollar 26 July 2013
As of Friday, the Indian Rupee has held its own against the dollar, rising more than 0.72% this week. Last observed, the rupee was trading at 58.87 for each dollar. At the end of Thursday, Rupee was recorded at 59.1...
Keywords: Rupee against dollar, Rupee value, Rupee value on Friday, Rupee value on Friday
Read More RBI hikes interest rates unexpectedly to stem inflation 29 January 2014
The Reserve Bank of India (RBI) on Tuesday increased the Repo Rate from 7.75% to 8 by a margin of 0.25% in the policy meeting. This is third hike from the new governor of RBI Raghuram Rajan ever since he...
Keywords: Raghuram Rajan, India Business News, RBI hikes interest rates, home loans and car loans
Read More Sensex jumps 400 points 07 March 2014
After the Elections Schedule announcement the Stock markets are rallying at super speed. On Friday the Bombay Stock Exchange [BSE] jumped 400 points and and hit a record high of 21,960.89. The Sensex ended at 21,920, up 406 points, while...
Keywords: Sensex jumps 400 points, BSE IT Index, Sensex, JP Associates
Read More Congress should debate on Nation's interest 11 April 2014
Eversince Bharatiya Janata Party's Prime Ministerial candidate Narendra Modi acknowledged that he is married, criticism from all corners is pouring down. Especially the Congress party and its vice president Rahul Gandhi are lambasting him for hiding his marital status. Rahul...
Keywords: NDA government, Wishesh Special, Narendra Modi, Gujarat 2002 riots
Read More Rupee breaches 63 16 December 2014
Indian Rupee is continuing its downfall against dollar and on Tuesday morning, it breached Rs 63 for the first time since November 13, 2013. The Rupee is under severe pressure as the emerging market currencies are running into steep losses...
Keywords: Rupee value, RBI police rate, Rupee value, global economy
Read More Rupee ends eight months high 26 March 2014
Indian Rupee which nearly depreciated by 14 percent last year, is slowing getting strong. This year so far Rupee gained nearly 3 percent and is still going strong. Today, Rupee hit eight months high at Rs 60.13 per USD and...
Keywords: Business News, dollar, India Business News, Indian Rupee
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Rupee value dips marginally against dollar 20 July 2012
The trade of rupee had lowered by a meagre 3 paise to 55.15 against the dollar today in the early trade while the American Dollar had overpowered the Euro and other Asian currencies. The Forex traders opined that the rupee...
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Read More Stock Markets collapse 06 January 2015
The Indian stock markets have collapsed heavily on Tuesday as the crude oil prices have dropped to lowest ever in the last five and half years. The Bombay Stock Exchange has so far lost over 700 points and trading below...
Keywords: Bombay Stock Exchange, Bombay Stock Exchange, Bombay Stock Exchange, BSE
Read More Diesel price hike expected in wake of new rupee breach 27 August 2013
As rupee tumbled to a fresh low, breaching the 66 mark, Sensex closed at 590.05. Crude oil prices also sky-rocketed to $ 110 per barrel while gold prices swung to a record high of Rs 32,500. But the price hike...
Keywords: rupee value, prices of diesel, diesel, Sensex closed at 590.05
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Gold prices may reach 35,000 INR 26 November 2012
The current trend of the value of gold in India is expected to stay below Rs 35,000 for the few weeks remaining in the calendar year of 2012 but analysts expect that this would surge further beyond the Rs 35,000...
Keywords: business india., value of gold, record high gold prices, silver
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Rupee gains 14 paise! 13 March 2013
On Wednesday, the rupee gained 14 paise to 54.04 against the dollar in early trade at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. According to forex dealers, strengthening of euro against the...
Keywords: Interbank Foreign Exchange, dollar, Interbank Foreign Exchange, Rupee value
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Rupee elevates 9 paise! 25 February 2013
On Monday, the rupee elevated by nine paise to Rs 54.08 against the US dollar on the Interbank Foreign Exchange (Forex) market in early trade on increased foreign fund flows amid firm local equities. According to Forex dealers, euro’s gains...
Keywords: euro, forex dealer, early trade., rupee
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