Search Results for: depreciating rupee

Rupee reaches 4-month high trade rate of 66.51 against US dollar

The rupee was trading at 66.51 per dollar, up 0.46%, the maximum gain since May 25, from its previous close of 66.83.

Sep 6, 2016

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Bharat bandh: Markets shrug off September 2 strike; Sensex, Nifty trade with minor gains

The Sept. 2 strike (Bharat bandh) did not impact stock markets; both BSE Sensex and NSE Nifty were in the green.

Sep 2, 2016

Apple iPhone 6s and 6s Plus prices dropped in India

Apple iPhone 7, 7 Plus release update: Prices of 32GB, 64GB, 128GB models leaked ahead of launch

Apple's new iPhone 7 series price is expected to start from CNY 5,288 (approx. $752/â‚¬710/Rs. 53,012).

Aug 31, 2016

Sensex hits new 52-week high tracking Asian, European stock markets

The 440-point BSE Sensex rally was led by Asian Paints, Maruti Suzuki, GAIL (India) and HDFC Bank.

Aug 30, 2016

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Masala bond news fails to spice up bank stocks on BSE, NSE

Shares of many banks were trading in the red on Friday despite the RBI allowing them to issue masala bonds to shore up capital requirements.

Aug 26, 2016

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Rail stocks rally after government announces projects worth Rs 24,000 crore

Shares of Kalindee Rail, Texmaco and Titagarh gained more than 4 percent after government announced Rs. 24,000 crore rail infra push.

Aug 25, 2016

Made-in-India Maruti Suzuki Vitara Brezza compact SUV launched in Nepal

Suzuki's Nepal sales channel CG NXT|GEN has already started bookings.

Aug 23, 2016

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Infosys shares hit new 52-week low; Sensex down 91 points

Amid news of 500 employees being sacked, Infosys shares hit a new 52-week low on Monday, while the BSE Sensex fell 91 points.

Aug 22, 2016

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Sensex, Nifty in red after Urjit Patel's elevation as RBI governor

There was an expectation that stock markets would turn bullish on Monday in response to Urjit Patel succeeding Rajan as RBI governor.

Aug 22, 2016

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India's foreign exchange reserves rise marginally to $365.82 billion

In its weekly supplement, the RBI said India's foreign exchange reserves rose $73.2 million to $365.82 billion for the week ended Aug. 12.

Aug 20, 2016

Prime Minister Narendra Modi addresses the nation on the occasion of the 70th Independence Day from the ramparts of Red Fort in Delhi on Aug. 15, 2016

Independence Day 2016: Read the full text of the speech PM Modi delivered at Red Fort

Here is the full unedited English rendering of the speech PM Modi delivered on Aug. 15 from the ramparts of Red Fort.

Aug 15, 2016

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RBI soaking foreign inflows to curb impact on rupee, Rajan says

RBI Governor Raghuram Rajan said the central bank is regularly buying dollars to prevent the rupee from becoming too volatile.

Aug 10, 2016

RBI policy meet on Aug. 9 to guide stock markets next week

Indian stock markets would be driven largely by the RBI's stance on rate cut at the policy meet scheduled to be held on Aug. 9.

Aug 6, 2016

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7th Pay Commission: Govt issues notification on hike for pensioners, finally

After keeping about 52 lakh pensioners guessing, the Modi government finally cleared the hike as proposed by the 7th Central Pay Commission.