Search Results for: depreciating rupee

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Indian Market Trades Lower, US Stocks Fall European Market Concerns

A day after the Union budget was presented by Finance Minister Arun Jaitley, Sensex and Nifty opened on a bullish note but later traded lower.

Jul 11, 2014

BSE Opens higher but Closes Red; Nifty Records 2-week Closing Low

the Indian rupee ended steady at 59.75 a dollar versus its previous closing at 59.78 a dollar on Tuesday.

Jul 9, 2014

Shilpa and Raj Kundra launches _Satyug Mera Gold Plan_

Mumbai, July 9 (ANI): Bollywood actor Shilpa Shetty Kundra along with her husband Raj Kundra announced a new gold plan named _Satyug Mera Gold Plan_ by Satyug Gold, a jewelry company promoted by them, in Mumbai recently. The plan allows customers to accumulate physical gold through the benefit of _Monthly rupee average pricing_. Speaking on the occasion Shilpa said her foremost aim through this plan is to make gold affordable for everyone in the country. The plan enables customers to buy gold from just Rs.50 per day and is backed by IDBI Trusteeship as trustees of the gold and Brinks. It has no lock-in period, no storage charges, no hidden fees and it provides 24 karat gold coins on redemption. Satyug at present has seven retail outlets, and plans to increase this number to 50 nation-wide by the end of the current fiscal.

Jul 9, 2014

What the Railway Budget Tells us About the State of Indian Railways

From hundreds of pending projects to meagre surplus over expenditure, the Railways has been riddled with problems.

Jul 8, 2014

A man looks at a screen across the road displaying the election results on the facade of the BSE building in Mumbai

Market Falls After Heavy FII Sales, Rail Stocks Plunge on Budget Day

Indian stock indices on Tuesday traded lower after surging during early trade on Railway budget presentation day.

Jul 8, 2014

Nifty Hits all Time High Ahead of Budget, Sensex Opens Higher with Surge in IT Stocks

At 10:30 am on Monday BSE Sensex and NSE Nifty surged by 0.44 percent and 0.25 respectively ahead of budget.

Jul 7, 2014

Rupee Gains 0.1% in Early Hours but Falls to Thursday's Closing Later

The Indian currency gained 9 paise during early trade at 59.64 per dollar, but it regained its Thursday's closing price of around 59.73 a dollar at 10:30 am on Friday.

Jul 4, 2014

Rupee Weakens, Shares Fall after Touching Record High amid BSE Network Outage

The Indian markets settled lower on Thursday after opening on a record high.

Jul 3, 2014

Rupee Gains, Market Records High on Finance Minister's Optimism

The Indian stock market on Wednesday opened on bullish note, following Finance Minister Arun Jaitley inaugurated digital banks across the nation on Tuesday. The stocks of banking sector plunged higher, but BSE Information Technology stocks declined during trading hours.

Jul 2, 2014

Prices on Rise Days before Union Budget

It's less than a week to go before the Modi government's first budget session begins in the Parliament on 7 July, and it seems to be facing one price hike after another in quick succession.

Jul 1, 2014

Salman Gifts 'Kick' Co-Star Jacqueline Fernandez a Three-Bedroom Flat?

Salman Khan has been rumoured to have gifted his "Kick" co-star Jacqueline Fernandez a plush three-bedroom flat in Bandra. Rumors have also been going rounds that whether the gesture was a present for Fernandez's upcoming birthday or something else brewing up?

Jul 1, 2014