Search Results for: depreciating rupee

RBI Governor Raghuram Rajan not seeking 2nd term: Report

Kolkata-based Anandabazar Patrika reported that Rajan has requested the prime minister to relieve him of his duties after his tenure ends in early September.

Jun 1, 2016

Rajan's reappointment as RBI chief likely under Modi's rule

With Modi's patronage, it is more likely the government will reappoint Rajan, whose three-year term expires in September.

Jun 1, 2016

Sensex, Nifty rally on upbeat L&T earnings, Modi interview to WSJ

The Sensex gained 486 points, while the Nifty closed at 8,070 on a day that marked Modi government's two years in office.

May 26, 2016

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Foreign investors like Indian equities, shun debt

Net equity position of foreign portfolio investors (FPIs/FIIs) is $2.06 billion while it is negative in debt investments.

May 24, 2016

India's foreign exchange reserves decline $968 million to $361 billion

The reserves fell for the second consecutive week, ended May 13, according to RBI data.

May 20, 2016

gold prices silver prices gold jewellery silver jewellery silver bars gold bars

Silver prices fall below Rs. 40,000 for the first time in one month, gold closes with minor losses

Silver prices closed at Rs. 39,950 per kg on Friday. Gold also has been weak over fears of interest rate hike.

May 20, 2016

Sensex tumbles 305 points over fears of interest rate hike by US Fed

An increase in interest rate by the US Fed is generally expected to trigger flight of capital from emerging markets such as India.

May 19, 2016

Sun TV shares plunge 12% as DMK alliance trails AIADMK in initial trends

Sun TV Network is owned by Kalanidhi Maran, grandnephew of DMK president M Karunanidhi.

May 19, 2016

Indian rupee opens at 2-month low

The Indian rupee declined for the fifth straight day to the US dollar due to rising demand for the greenback and climbing crude oil prices.

May 18, 2016

Bank of Baroda shares plummet 10% on BSE, Sensex rebounds to gain 164 points

State-run lender Bank of Baroda had declared a huge loss of Rs. 3,230 crore for the March 2016 quarter last Friday after market hours.

May 16, 2016

Foreign exchange reserves fall $1.13 billion to $362 billion

India's foreign exchange reserves fell from $363.12 billion to close at $361.99 billion in the week ended May 6, according to RBI data.

May 14, 2016

gold bars, gold prices, trump policies, strong us dollar, gold demand, gold consumption

Gold imports plunged 60% in April, gems and jewellery exports up 17%

Gold imports dropped to $1.2 billion last month from $3.1 billion last April, while gems and jewellery exports rose to $3.4 billion.

May 13, 2016

"We should kick out the RBI governor:" BJP's Subramanian Swamy on Raghuram Rajan

BJP Rajya Sabha MP Subramanian Swamy slammed RBI Governor Raghuram Rajan for his interest rate (repo rate) policy.

May 10, 2016

Sensex gains 460 points on better-than-expected corporate earnings

The S&P BSE Sensex and the NSE Nifty surged on better corporate earnings and passage of insolvency legislation.

May 9, 2016

Wilful defaulters' list to be made public: RBI governor

Raghuram Rajan said the RBI is working on a mechanism for out-of-court settlement in bad-loan disputes.

May 8, 2016

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