Search Results for: rupee depreciation

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Weekly cash withdrawals fall sharply in the past three months

The RBI had completely removed limits imposed on cash withdrawals, with effect from March 13, 2017.

Apr 3, 2017

Reliance Jio's latest offer, extension of subscription deadline spell trouble for industry, competitors

Reliance Jio dictates the market dynamics with its aggressive pricing while existing telcos remain in a reactive mode.

Apr 3, 2017

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Indian rupee is third best-performing Asian currency in March quarter

The Indian rupee performed the third best in the March quarter and the other two currencies that did well are Korean won (up 8 percent) and Taiwan dollar (up 6.4 percent).

Apr 1, 2017

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Rupee hits near 1-1/2 year high; bonds rally, shares fall

The rally in the rupee sent IT shares lower, with Tech Mahindra Ltd down 2.2 percent and HCL Technologies Ltd down 1.9 percent.

Mar 27, 2017

RGV Praises Vikram's 'I', Ignores Ajith's 'Yennai Arindhaal'?

Ram Gopal Varma ridicules Pawan Kalyan, his 3 wives, Katamarayudu, Jana Sena

Ram Gopal Varma (RGV) ridiculed power star Pawan Kalyan, his wives, the collection of Katamarayudu, the followers of Jana Sena party in a series of comments on his Twitter page.

Mar 26, 2017

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Uber reviews India leasing scheme as driver incomes drop: Sources

Uber had planned to buy 15,000 new cars last year and lease them out in a bid to attract more drivers.

Mar 24, 2017

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Tata Motors leads Sensex rally; SpiceJet, KEC, Reliance Capital hit new 52-week high

The BSE Sensex was trading about 86 points higher at 29,254, led by Tata Motors and GAIL; SpiceJet, Reliance Capital and KEC hit new 52-week highs.

Mar 23, 2017

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Tata Motors shares fall even as car exports from Britain to India hit record high last year

Car exports from Britain to India, led by JLR shipments, rose to a seven-year high in 2016, reveals data; Tata Motors owns JLR.

Mar 22, 2017

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Strong rupee poised to bring cheer for Indian tourists travelling abroad this summer

Bangkok, Dubai, Singapore are top destinations for Indian travellers; the rupee is now stronger compared to levels prevailing in March last year.

Mar 22, 2017

Bangalore, Mumbai, Chennai and New Delhi make the top 10 list of world's cheapest cities

The survey concluded that some of the cheapest cities to live were in Asia, especially South Asia.

Mar 21, 2017

Three reasons why Indian rupee could drift lower against US dollar

The analyst expects the rupee-dollar exchange rate to be around 68.5 in the next financial year and 70 in FY2019.

Mar 21, 2017

Salary hike for Infosys, TCS, Wipro, Tech Mahindra employees this year will be interesting to watch

Headwinds such as stricter norms for H-1 B visas, global uncertainty, rising rupee and lower pace of revenue growth are likely to reflect in pay hike for Indian IT companies this year.

Mar 20, 2017

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ITC shareholders gain Rs 21,850 crore during the week from GST boost

Market capitalisation of cigarette maker ITC saw spurted after the GST announced a cap on mess, allaying fears of investors. TCS maintained its top status.

Mar 18, 2017

Quick update on Indian stock, currency markets and foreign exchange reserves

Benchmark index Sensex is 375 points away from lifetime high while NSE Nifty closes at record high of 9,160, thanks to ITC; India's foreign exchange reserves stable.

Mar 17, 2017

ITC flares up on cess cap news; Music Broadcast sheds gains after listing

Shares of cigarette maker ITC flare up on BSE after the GST Council capped cess at 290 percent; Music Broadcast loses steam after listing while IT stocks gain.