Search Results for: depreciating rupee

"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

Rupee closes unchanged at 66.55 to the US dollar; IDFC gains despite markets ending with losses

The Indian rupee closed at 66.55 to the greenback; on the BSE, IDFC gained 11.69 percent even though Sensex shed 34 points.

May 6, 2016

India's foreign exchange reserves at an all-time high of $363 billion

An increase of $1.52 billion in India's foreign exchange reserves lifted kitty to $363.12 billion, according to RBI's weekly data.

May 6, 2016

Himachal Pradesh govt to beautify Dharamsala to boost tourism

The hill state government is developing a scheme with the help of the Asian Development Bank to give Dharamsala a facelift.

May 5, 2016

Sensex, Nifty extend losing streak; TVS Motor plunges 10% after Q4 results

Both the Sensex and Nifty shed about 0.80 percent tracking global cues, while TVS Motor lost on missing margin estimates.

May 3, 2016

India to pay 1.5% interest on $6.5 billion Iran oil dues

Iran requested India to consider compensating it for the losses due to the exchange rate variation.

May 3, 2016

Your govt needs Rs. 5 more than we do, Jharkhand's MGNREGA workers write to Modi

The workers returned their extra wages for a day as the Centre needs it to keep "corporate friends and government employees happy."

May 1, 2016

India's forex reserves hit record high of $360.25 billion

The foreign exchange reserves of India rose $333.7 million in the week ended April 15, according to the RBI data.

Apr 22, 2016

Rupee gains for second straight day

The Indian rupee gained 33 paise on Wednesday to close at 66.23 to the US dollar on sustained selling by bankers and exporters.

Apr 20, 2016

Rajan says forex intervention to continue to reduce volatility

India will intervene in the currency market when there's a sustainable risk in global markets, Rajan said.

Apr 19, 2016

India's March trade deficit narrows to $5.07 billion

Rapid shrinking in imports aided by falling crude oil prices contributed to the lowest deficit in five years.

Apr 19, 2016

TCS Q4 net profit rises 64.4%, revenues up 17.5%; treats $940 million fine as 'contingent liability'

Mumbai-based TCS reported net profit of Rs. 6,341 crore and revenues of Rs. 28,449 crore for the March 2016 quarter.

Apr 18, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

TCS, Wipro Q4 results, trade data to influence trading next week

Indian stock market benchmark indices Sensex and Nifty had risen sharply this week on the back of easing inflation, IIP data and a positive monsoon forecast.

Apr 16, 2016

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