Search Results for: rupee depreciation

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Sensex recovers almost 500 points from day's low, Tata Motors biggest loser

The benchmark index closed at 26,398, down 605 points, as against initial loss of over 1,000 points in early trade.

Jun 24, 2016

RCom, Aircel to soon conclude merger, combined entity to have new brand name

The new combined entity, a 50:50 joint venture between RCom and Aircel, will have revenues of about Rs. 25,000 by 2017.

Jun 23, 2016

EU referendum live update: Britain votes 52% against 48% to leave EU; Farage calls for Cameron's resignation

Although Scotland and Northern Ireland vote against Brexit, the U.K. will leave the EU.

Jun 23, 2016

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Brexit: India's market regulators, stock exchanges prop up surveillance to curtail excessive volatility

While the RBI said it maintained a "close vigil" on the referendum's outcome, stock exchanges tightened their vigilance mechanism to curtail any excessive volatility in the markets.

Jun 22, 2016

Markets shrug off Rexit, Brexit fears; Sensex reverses early morning losses

Rexit has not affected Sensex, which opened with a loss of about 130 points on Monday but recovered later.

Jun 20, 2016

India's Amul with overall turnover of $5 billion is world's 13 largest dairy

The company boasts of passing on 80 paisa for every rupee earned to its dairy farmers on each of its flagship Amul products sold.

Jun 17, 2016

NRIs can now open NPS account online using eNPS platform

As old age income security, NPS can provide a long term solution to most Indian expatriates who plan to return to the country in future.

Jun 17, 2016

Cabinet clears bill to speed up bad loan recovery, facilitate ease of doing business

The bill seeks to hasten the process of bad loan recovery when stressed assets in banks are estimated at Rs. 8 lakh crore.

Jun 16, 2016

RBI governor faces ghosts of rupee's past

Analysts warn the rupee continues to look vulnerable ahead of September, when dollar term deposits that India raised from citizens abroad in 2013 start to mature.

Jun 16, 2016

Sensex ends flat after volatile trading; JP Associates top gainer, Bhushan Steel up 11.52%

JP Associates gained 15.57 percent and closed at Rs. 7.94 on the BSE.

Jun 14, 2016

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BJP MP Subramanian Swamy accuses RBI governor Raghuram Rajan of 'planting a time bomb'

RBI chief Raghuram Rajan has been accused of "planting a time bomb," a veiled reference by Swamy to FCNR deposits.

Jun 10, 2016

OnePlus Loop VR for Re. 1 in India: 30,000 units sold in less than 5 seconds; how to get one now?

OnePlus Loop VR for Re. 1 in India: Last chance to purchase the VR headset to watch OnePlus 3 launch

OnePlus Loop VR will be available once again on Amazon app in India on Tuesday for just Re. 1.

Jun 6, 2016

Why were Baba Jai Gurudev's followers protesting in Mathura? What did 'Bose Sena' activists want?

Protestors, reportedly a breakaway faction of Baba Jai Gurudev's outfit, reacted violently when asked to vacate encroached-upon land in Mathura.

Jun 3, 2016

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.