Search Results for: currency

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Rupee rises 7 paise to 70.34 vs US Dollar in early trade

The rupee opened strong at 70.38 at the interbank forex market against the previous close of 70.41 per dollar then further gained a high of 70.34 amid a positive opening in domestic equities.

Jan 11, 2019

Credit offtake jumps to 47-year high even as deposits remain sluggish

RBI data highlights that credit jumped 15.1% in December, as against a year earlier, while deposits increased 9.2% during the same period.

Jan 11, 2019

World Bank cautions India of turbulence in trade, manufacturing

Multilateral lender pegs India growth higher than national estimate but warns emerging economies are at risk from temporary factors.

Jan 10, 2019

US Dollar, currencies, Euro, Yuan, Yen, Asian shares

New year brings fresh hopes for bulls in Asian currencies

With the trade talk outcome still uncertain, failure could quickly reignite pressure on the yuan with some still expecting it to breach the key 7-per-dollar mark on dimming growth outlook.

Jan 10, 2019

Indian rupee seen facing more punishment, but no new record low: Reuters poll

The rupee's path this year will largely be determined by the results of national elections in May, oil price moves and the Reserve Bank of India's policy.

Jan 9, 2019

nse nifty, nifty at new high, nifty at historic high, nifty at lifetime high, nifty to cross 10000, nifty to hit 10000, sensex gainers, 3 years of modi govt

Sensex opens on a choppy note; Nifty tests 10,750

After two sessions of gains, investors cashed profits in banking, auto and power shares that dragged down key indices.

Jan 8, 2019

market outlook, indian stock markets, french presidential polls, indian markets and french polls, indian markets and french presidential elections, emmanuel macron, le pen

Q3 results, macro-data to determine indices' trajectory

Market observers opined that other global cues such as crude oil prices, combined with the direction of foreign fund flows and the rupee's movement against the US dollar, will also have a bearing on the risk-taking appetite of investors.

Jan 6, 2019

Karnataka tax rate hike pushes up fuel prices; reputation as low price haven under threat

Sales tax increased to offset the revenue loss from lower fuel base price because of a fall in international crude prices.

Jan 5, 2019

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

RBI stops printing Rs 2,000 notes two years after demonetisation; how safe is your cash?

The government had introduced the Rs 2,000 notes to arrest the cash shortage in economy following the demonetisation decision announced by Prime Minister Narendra Modi on November 8, 2016.

Jan 4, 2019

J&K Police issues advisory warning against investing in cryptocurrencies

While the government has not made cryptocurrency legal, India's first Bitcoin ATM kiosk was set up in Bengaluru in October 2018. However, the police seized the ATM and arrested the co-founder, Harish BN.

Jan 3, 2019

Airtel, low currency, service, deactivation

Airtel prepaid consumers with low balance lose incoming call support: Here's what you need to do

Airtel has stopped incoming call service for prepaid customers with low currency balance. You have either go for Unlimited pack or smart recharge option to keep the Airtel connection active.

Jan 3, 2019

Sensex down 320 points, auto stocks slump

The weakness in the domestic indices came on the back of a similar trend in the Asian markets along with a sharp decline in rupee and a slowdown in the manufacturing PMI data.

Jan 2, 2019

India retains crown as 'world's fastest growing economy'; China a close second

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth. In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 percent, after 7.7 percent in the first three months of the year.

Jan 1, 2019

bse, stock markets, stock broker, indian stock markets, bse sensex, nse nifty

After a rough 2018, how will Indian stock markets perform in 2019?

As the year draws to a close, some of the latent strengths of the market are manifest. With more than $2 trillion in market capitalisation the Indian markets retains its place among the top 7 in the world.

Dec 31, 2018

Saudi Arabia employs Darfur children in Yemen war - Report

The report says children make up at least 20 percent of the units at the front-line of the Saudi-Houthi war.