Search Results for: rupee

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US dollar rises amid declining euro

In late New York trading on Tuesday, the euro decreased to $1.1198 from $1.1211 in the previous session, and the British pound was down to $1.3114 from $1.3125 in the previous session, dollar increased amid a weaker euro

Apr 3, 2019

RBI plans series of steps to boost economy's liquidity ahead of Lok Sabha elections

Another round of rate cut, the second tranche of dividend payment to government and a rupee-dollar swap auction are on the cards.

Apr 2, 2019

RBI to cut rates again before vote; BJP victory best for economy: Reuters poll

While the central bank justified that move by highlighting a lower inflation outlook and a slowdown in growth, not everyone was convinced those were the only reasons behind the policy easing.

Apr 2, 2019

Hemmeya Kannadiga Awards: Watch the event this weekend on Zee Kannada

Hemmeya Kannadiga Awards instituted by Zee Kannada was held last weekend and it will be aired on 30 and 31st of March.

Mar 30, 2019

After Mukesh Ambani, another Indian billionaire bails out younger sibling

The Mittal brothers had split their businesses in 1994. However, eldest brother Lakshmi Niwas chipped in with 16 billion rupees to help Pramod clear massive dues to STC.

Mar 26, 2019

Naresh Goyal quits as Jet Airways chairman, stake slashed to 25%

Ahead of the crucial jet Airways board meeting on Monday, speculation was rife that Goyal would step down, meeting a key demand of prospective rescuers.

Mar 25, 2019

Fitch cuts India's 2019-20 GDP forecast to 6.8%

On the banking sector, the Fitch report noted that credit to the private sector increased in recent months, filling the void left by NBFCs facing a liquidity crisis.

Mar 22, 2019

Rupee makes a turnaround amid optimism over PM Modi's re-election, becomes Asia's best-performing currency

A sudden surge in the inflow of dollars has sent the rupee to its highest level since August, prompting profit booking that led to the currency witnessing a drop on Tuesday after six trading sessions of continuous gains.

Mar 20, 2019

Jet Airways delays interest payments, grounds more planes

Cash-crunched Indian carrier Jet Airways Ltd said on Monday it will delay paying interest to its debenture holder, due March 19, owing to financial constraints.

Mar 18, 2019

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Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Berkshire Hathaway boss joins economists trashing MMT that advocates printing currency to sustain government expenses.

Mar 16, 2019

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Sales of rupee-designated corporate bonds plunge to pre-2016 levels as effects of IL&FS crisis sink in amid rising election uncertainties driving up the spreads of top-rated 10-year corporate paper to highest levels since the global financial meltdown.

Mar 15, 2019