Search Results for: currency

Hindu Mahasabha's demand for replacing Gandhi's image on currency notes sparks controversy

New Delhi, Jan 5 (ANI): Leaders of various political parties on Monday slammed the Hindu Mahasabha over its demand of changing the image of currency notes. In a fresh move, the Hindu Mahasabha has written to Prime Minister Narendra Modi demanding Mahatama Gandhi's photo be replaced on Indian currency notes with that of Veer Shivaji, Maharana Pratap along with image of B R Ambedkar who gave the country the Constitution post-Independence. Many politicos termed it as a 'non-issue' and added that the country should instead focus on issues which are more relevant.

Jan 5, 2015

BSE closes points 380.36 up on Jan 2

New Delhi, Jan 2 (ANI): Trading at the Bombay Stock Exchange today closed 380.36 points up to stand at 27,887.90. At the National Stock Exchange the Nifty closed 111.45 points up to stand at 8,395.45. PIPAVAVDOC and GPPL were among the top gainers of Group A with an increase of 13.70% and 12.08% along with BERGER PAINTS INDIA LTD and BAYER CROPSCIENCE LTD with an increase of 11.08% and 8.94% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease of 4.96% and 4.88% along with MUTHOOT FINANCE LTD and PRESTIGE with a decrease of 4.74% and 4.53% at the close of the markets. The Auto sector is up 142.35 points at 18,845.88 while the banking sector is up 356.91 points at 21,830.10 and the reality sector is up 14.15 points at 1,571.90. The Indian currency is up 0.36% at Rs 63.31 per dollar.

Jan 2, 2015

Lithuania joins eurozone to seal ties with West

Lithuania switches over to the euro, becoming the last Baltic nation to adopt Europe's single currency in a bid to boost stability despite fears of inflation and eurozone debt woes. Duration: 00:58

Jan 1, 2015

BSE closes points 8.12 up on Jan 1

New Delhi, Jan 1 (ANI): Trading at the Bombay Stock Exchange today closed 8.12 points up to stand at 27,507.54. At the National Stock Exchange the Nifty closed 1.30 points up to stand at 8,284.00. JUBILANT and MUTHOOTFIN were among the top gainers of Group A with an increase of 17.29% and 11.81% along with JETAIRWAYS and GRUH with an increase of 9.99% and 9.43% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease of 4.96% and 4.65% along with GPPL and Sunrise Asian Ltd. with a decrease of 3.85% and 2.62% at the close of the markets. The Auto sector is up 72.69 points at 18,703.53 while the banking sector is up 15.08 points at 21,473.19 and the reality sector is up 2.68 points at 1,557.75. The Indian currency is down 0.39% at Rs 63.28 per dollar.

Jan 1, 2015

US Federal Reserve Tool Recommends Immediate Rate Hike

A tool developed by the US Federal reserve to forecast financial actions and decisions reportedly calls for an immediate interest rate hike, according to a paper published by Philadelphia Fed president Charles Plosser.

Jan 1, 2015

Lithuania joins eurozone to seal ties with West

Lithuania switches over to the euro on the 1st of January 2015, becoming the last Baltic nation to adopt Europe's single currency, as it hopes to boost stability despite fears of inflation and eurozone debt woes. Duration: 01:25

Dec 31, 2014

BSE closes points 95.88 up on Dec 31

New Delhi, Dec 31 (ANI): Trading at the Bombay Stock Exchange today closed 95.88 points up to stand at 27,499.42. At the National Stock Exchange the Nifty closed 34.45 points up to stand at 8,282.70. ICRA and GPPL were among the top gainers of Group A with an increase of 8.62% and 7.96% along with AMTEK AUTO LTD and SUZLON with an increase of 7.84% and 7.02% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease of 5.00% and 4.44% along with ABB and TUBE INVESTMENTS OF INDIA LTD. with a decrease of 2.63% and 1.99% at the close of the markets. The Auto sector is down 36.27 points at 18,646.06 while the banking sector is up 64.63 points at 21,429.72 and the reality sector is up 16.17 points at 1,555.76. The Indian currency is down 0.19% at Rs 63.19 per dollar.

Dec 31, 2014

BSE closes points 7.81 up on Dec 30

New Delhi, Dec 30 (ANI): Trading at the Bombay Stock Exchange today closed 7.81 points up to stand at 27,403.54. At the National Stock Exchange the Nifty closed 1.95 points up to stand at 8,248.25. ADANI PORTS and BEML were among the top gainers of Group A with an increase of 7.92% and 7.53% along with NATCO PHARMA LTD. and ABB with an increase of 6.59% and 6.58% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease of 4.97% and 4.93% along with UNITECH and JAIPRAKASH ASSOCIATES LTD. with a decrease of 4.79% and 4.03% at the close of the markets. The Auto sector is down 61.93 points at 18,670.54 while the banking sector is up 143.37 points at 21,365.09 and the reality sector is down 3.11 points at 1,540.13. The Indian currency is down 0.37% at Rs 63.43 per dollar.

Dec 30, 2014

BSE closes points 153.95 up on Dec 29

New Delhi, Dec 29 (ANI):Trading at the Bombay Stock Exchange today closed 153.95 points up to stand at 27,395.73. At the National Stock Exchange the Nifty closed 45.60 points up to stand at 8,246.30. ABAN and RELIGARE were among the top gainers of Group A with an increase of 17.27% and 10.78% along with GPPL and IL&FS Transportation Networks Ltd with an increase of 8.76% and 6.66% respectively, while the top losers of Group A include PMCFIN and PAGE INDUSTRIES LTD with a decrease of 6.83% and 4.98% along with RASOYPR and INFRATEL with a decrease of 4.70% and 2.93% at the close of the markets. The Auto sector is up 279.28 points at 18,734.41 while the banking sector is down 31.58 points at 21,221.72 and the reality sector is up 10.01 points at 1,543.95. The Indian currency is down 0.18% at Rs 63.68 per dollar.

Dec 29, 2014

No Flip-Flops on Interest Rate, says Rajan; Will Wait for Inflation to Stabilise

Raghuram Rajan reiterated his stand on the interest rate cut, economic growth, inflation and Uber.

Dec 27, 2014

BSE closes points 33.17 up on Dec 26

Trading at the Bombay Stock Exchange today closed 33.17 points up to stand at 27,241.78. At the National Stock Exchange the Nifty closed 26.60 points up to stand at 8,200.70. UNIONBANK and AJANTA PHARMA LTD. were among the top gainers of Group A with an increase of 5.65% and 5.26% along with BAYER CROPSCIENCE LTD. and SYNDICATE BANK with an increase of 5.03% and 4.93% respectively, while the top losers of Group A include RASOYA PROTEINS LTD. and GSFC with a decrease of 4.49% and 3.87% along with OBEROI REALTY LTD. and JUBILANT with a decrease of 3.60% and 3.13% at the close of the markets. The Auto sector is down 7.42 points at 18,455.13 while the banking sector is up 26.66 points at 21,253.30 and the reality sector is up 14.09 points at 1,533.94. The Indian currency is up 0.13% at Rs 63.60 per dollar.

Dec 26, 2014

Citigroup Sells Japan Retail Banking Unit to Sumitomo Mitsui Banking Corp

Citigroup Holdings Inc., announced on Thursday that it reached a definitive agreement to sell its retail banking unit in Japan to Sumitomo Mitsui Banking Corporation (SMBC), a unit of Sumitomo Mitsui Financial Group. The financial terms of the deal were not disclosed.

Dec 26, 2014