Search Results for: depreciating rupee

Amid dearer oil prices, India's forex reserves fall to 7-month low

After hitting an all-time high of $426.08 billion in the week ended April 13, the Indian forex reserves have fallen gradually since the last four months.

Aug 11, 2018

Rupee predicted to trade at 68.22 per dollar in a year; will hit a major low

The battered rupee will trade in a tight range in the coming year but not far from its historic low, hampered by higher oil prices and as trade tensions hurt emerging markets, a Reuters poll found.

Aug 10, 2018

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Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

India needs to tighten monetary policy to curb inflation, says IMF

The inflationary pressures were mainly driven by higher oil prices and a falling rupee.

Aug 8, 2018

Q1 results season, global trade tensions to affect markets' moves

Market analysts opined that crude oil prices and developments in the Monsoon Session of Parliament will also affect the markets' movement.

Aug 5, 2018

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Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector.

Aug 3, 2018

Is China attempting to lure Imran Khan with its economic might?

In last the 13 months, China has proceeded a loan of $6.2 billion which is equivalent to the last aid it received from the International Monetary Fund.

Aug 2, 2018

Bandhan Bank becomes 7th largest Indian bank based on market capitalisation; here are the top 10

Bandhan Bank stands at Rs 84,325.35 crore after its shares rose by one percent on BSE at Rs 706.95. Comparatively, Yes Bank's market cap was Rs 84,262.14 crore. Its shares were trading 0.6 percent lower at Rs 365.70 from its previous close on BSE.

Aug 1, 2018

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In an attempt to stall inflation, RBI likely to raise interest rates

The Reserve Bank of India is likely to raise interest rates on Wednesday while retaining a neutral policy stance as it aims to strike a balance between rising inflationary pressures and still recovering growth.

Aug 1, 2018

Mumbai: Fake forex trading busted, 10 arrested

The police have recovered 96 laptops, 17 mobiles and other related documents during raid which were used for fake trading of forex business.

Jul 29, 2018

Foreign bond investors shun India, blame RBI's lack of reassurance

Total returns on Indian bonds this year are negative 4 percent, one of the worst in Asia after outperforming last year.

Jul 26, 2018

Did Sri Reddy slam Karthi for using her name for Kadaikutty Singam promotion?

Actress Sri Reddy, who claims that Tamil actor Karthi used her name to promote Kadaikutty Singam, has promised to cut her head, if he provides proof of blackmail.

Jul 25, 2018

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Q1 Results: IT and FMCG companies post strong show

The first quarter of the FY19 so far has been driven by IT and FMCG players. The sectors also registered double-digit growth in sales and profit against the drop it witnessed last year in the same quarter.

Jul 23, 2018

Domestic spending to get a boost after GST rate cuts

The recommendation to cut goods and services tax on more than 50 goods could not have come at a better time when the festive season is about to kick off.