Indian Currency

Indian Currency News

Why India should let the Rupee fall

In 2016, the RBI had been given a new mandate to meet its inflation target and maintain growth. Defending the currency at all costs isn’t part of the brief. This latest weakness will test its resolve.

J-K HC rules for incorporating Dogri language on currency notes

Fifteen regional languages apart from Hindi and English find mention on currency notes and Indian Postal Orders. Dogri, which was incorporated in the 8th Schedule in 2003, does not find place on them.

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‘India Inc’s Q3 topline may witness lowest rise in six quarters’

Capital goods manufacturers, continuing to grapple with weak order inflows, are likely to report a 9 per cent y-o-y decline in revenues.

In Rajasthan’s wake

State governments could set the ball rolling on contentious reform.

Fresh financial inclusion plan to get logo, tagline boost

FinMin had last used the concept for seeking designs for the currency.

RBI restricts repayment of loans through ECBs

RBI has been concerned that as the rupee gets stronger especially with prospects of a stable government post elections, it would open up an arbitrage opportunity for Indian companies in the forex market.

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Indian rupee's intrinsic value is between 58-60: Arvind Mayaram

Overseas speculators are partly responsible for the sharp fall in the currency,says Mayaram.

Further risks to Indian rupee remain,year-end target 65/USD: HSBC

The rupee settled at 63.48 against the dollar on Friday,gaining for the second consecutive week.

Briefly Business: Overseas travellers can now carry up to R10,000: RBI

Providing greater flexibility to individuals travelling abroad,the Reserve Bank today allowed them to carry Indian currency of up to Rs 10,000 per person.

Domestic factors also responsible for Indian rupee slide: P. Chidambaram

Chidambaram expresses confidence it will find its 'appropriate level'.

Indian Currency Videos

BSE closes 321.25 points down on February 24

New Delhi, Feb 24 (ANI): Trading at the Bombay Stock Exchange today closed 321.25 points down to stand at 23,088.93. At the National Stock Exchange the Nifty closed90.85 points down to stand at 7,018.70. Shree Renuka Sugars Ltd and KPIT Technologies Limited were among the top gainers of group A with an increase of 5.26% and 4.67% along with Bharat Petroleum Corporation Ltd and Vakrangee Limited with an increase of 4.27% and 4.20% respectively, while the top losers of group A includesNMDC LTD and MMTC LTD with a decrease of 13.63% and 7.60% along with Neyveli Lignite Corporation Ltd and Aurobindo Pharma Ltd with a decrease of 6.56% and 5.60% at the close of the markets. The Auto sector is down 203.93 points at 16264.08 while the Banking sector is down 216.18 points at 15676.31 and the Realty sector is down 4.01 points at 1053.67.The Indian currency was down with 0.05% at Rs. 68.54 per dollar.

BSE closes 378.61 points down on February 23

New Delhi, Feb 23 (ANI): Trading at the Bombay Stock Exchange today closed 378.61 points down to stand at 23,410.18. At the National Stock Exchange the Nifty closed 125.00 points down to stand at 7,109.55. AIA Engineering Ltd and United Spirits Ltd were among the top gainers of group A with an increase of 4.18% and 3.92% along with Gujarat Pipavav Port Ltd and Reliance Communications Ltd with an increase of 3.32% and 3.05% respectively, while the top losers of group A includes Mangalore refinery and petrochemicals Ltd and SREI Infrastructure Finance Ltd with a decrease of 8.49% and 4.89% along with Hindustan Petroleum Corporation Ltd and Cox and Kings Limited with a decrease of 4.87% and 4.86% at the close of the markets.The Auto sector is down 238.19 points at 16468.01while the Banking sector is down 461.00 points at 15892.49 and the Realty sector is down 27.01 points at 1057.68.The Indian currency was down with 0.15% at Rs. 68.50 per dollar.

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BSE closes 79.64 points up on February 22

New Delhi, Feb 22 (ANI): Trading at the Bombay Stock Exchange today closed 79.64 points up to stand at 23,788.79. At the National Stock Exchange the Nifty closed23.80 points up to stand at 7,234.55. BF Utilities Ltd and Crompton Greaves Ltd were among the top gainers of group A with an increase of 18.64% and 7.04% along with BEML Ltd and RattanIndia Power Limited with an increase of 6.98% and 5.50% respectively, while the top losers of group A includes KEC International Ltd and Religare Enterprises Ltd with a decrease of 4.77% and 4.68% along with Jubilant Life Sciences Limited and Fortis Healthcare Ltd with a decrease of 3.37% and 3.06% at the close of the markets. The Auto sector is up 65.37 points at 16706.20 while the Banking sector is up 79.11 points at 16353.49 and the Realty sector is up 7.70 points at 1084.69. The Indian currency was up with 0.15% at Rs. 68.56 per dollar.

BSE closes 267.35 points up on February 18

New Delhi, Feb 18 (ANI): Trading at the Bombay Stock Exchange today closed 267.35 points up to stand at 23,649.22. At the National Stock Exchange the Nifty closed 83.30 points up to stand at 7,191.75. ABAN Offshore Ltd and Jain Irrigation Systems Ltd were among the top gainers of group A with an increase of 11.61% and 9.28% along with Shree Cement Ltd and Cox & Kings Limited with an increase of 8.17% and 6.54% respectively, while the top losers of group A includes Gujarat Pipavav Port Ltd and Balkrishna Industries Ltd with a decrease of 4.77% and 4.64% along with MMTC Ltd and Bhushan Steel Ltd with a decrease of 4.64% and 4.02% at the close of the markets. The Auto sector is up 74.06 points at 16480.33 while the Banking sector is up146.66 points at 16190.80 and the Realty sector is up 4.11 points at 1075.96. The Indian currency was up with 0.03% at Rs. 68.49 per dollar.

BSE closes 189.90 points up on February 17

New Delhi, Feb 17 (ANI): Trading at the Bombay Stock Exchange today closed 189.90 points up to stand at 23,381.87. At the National Stock Exchange the Nifty closed 60.20 points up to stand at 7,108.45. Bank of Baroda and Adani Ports and Special Economic Zone Limited were among the top gainers of group A with an increase of 6.99% and 6.06% along with Dr. Reddy's Laboratories Limited and Vedanta Limited with an increase of 4.29% and 3.99% respectively, while the top losers of group A includes ICICI Bank Limited and Yes Bank Limited with a decrease of 2.31% and 1.85% along with Coal India Limited and Lupin Limited with a decrease of 1.54% and 1.28% at the close of the markets.The Auto sector is up 167.97 points at 16406.27 while the Banking sector is down 37.55 points at 16044.14 and the Realty sector is up6.05 points at 1071.85.The Indian currency was up with 0.12% at Rs. 68.46 per dollar.

BSE closes 568.00 points up on February 15

New Delhi, Feb 15 (ANI): Trading at the Bombay Stock Exchange today closed 568.00 points up to stand at 23,554.12. At the National Stock Exchange the Nifty closed 182.00 points up to stand at 7,162.95. Bank of Baroda and Vedanta Limited were among the top gainers of group A with an increase of 23.18% and 17.39% along with Tata Steel Limited and Hindalco Industries Limited with an increase of 13.56% and 9.28% respectively, while the top losers of group A includes Bharti Airtel Limited and Hindustan Unilever Limited with a decrease of 1.80% and 1.11% along with Idea Cellular Limited and Housing Development Finance Corporation Limited with a decrease of 0.78% and 0.16% at the close of the markets.The Auto sector is up 677.36 points at 16,539.09 while the Banking sector is up 573.24 points at 16,427.78 and the Realty sector is up 63.83 points at 1,099.14.The Indian currency was down with 0.19% at Rs. 68.10 per dollar.

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BSE closes 807.07 points down on February 11

New Delhi, Feb 11 (ANI): Trading at the Bombay Stock Exchange today closed 807.07 points down to stand at 22,951.83. At the National Stock Exchange the Nifty closed 239.35 points down to stand at 6,976.35. ABB India Limited and Muthoot Finance Ltd were among the top gainers of group A with an increase of 2.08% and 2.00% along with Mphasis Ltd and Natco Pharma Ltd with an increase of 1.77% and 1.69% respectively, while the top losers of group A includes Unitech Ltd and Pipavav Defence And Offshore Eng Ltd with a decrease of 16.36% and 14.21% along with Jubilant Life Sciences Limited and Shipping Corporation Of India Ltd with a decrease of 13.77% and 13.24% at the close of the markets.The Auto sector is down 571.38 points at 15593.57 while the Banking sector is down 629.23 points at 15889.92 and the Realty sector is down 66.21 points at 1048.54. The Indian currency was up with 0.58% at Rs. 68.24 per dollar.

BSE closes 262.08 points down on February 10

New Delhi, Feb 10 (ANI): Trading at the Bombay Stock Exchange today closed 262.08 points down to stand at 23,758.90. At the National Stock Exchange the Nifty closed 82.50 points down to stand at 7,215.70. HCL Technologies Limited and UltraTech Cement Limited were among the top gainers of group A with an increase of 2.65 % and 1.87 % along with Bharat Petroleum Corporation Limited and Power Grid Corporation of India Limited with an increase of 1.59 % and 1.44 % respectively, while the top losers of group A includes Punjab National Bank and Tata Motors Limited with a decrease of 9.12 % and 7.07 % along with Bank of Baroda and Cairn India Limited with a decrease of 5.95 % and 5.92 % at the close of the markets. The Auto sector is down 193.33 points at 16164.95 while the Banking sector is down 329.28 points at 16533.78 and the Realty sector is down 40.84 points at 1115.00.The Indian currency was down with 0.09% at Rs. 68.00 per dollar.

BSE closes 329.55 points down on February 8

New Delhi, Feb 8 (ANI): Trading at the Bombay Stock Exchange today closed 329.55 points down to stand at 24,287.42. At the National Stock Exchange the Nifty closed 101.85 points down to stand at 7,387.25. Bank of Baroda and Bosch Limited were among the top gainers of group A with an increase of 2.52% and 1.99% along with State Bank of India and Axis Bank Limited with an increase of 1.90% and 1.71% respectively, while the top losers of group A includes Tata Motors Limited and Oil & Natural Gas Corporation Limited with a decrease of 4.35% and 3.61% along with IndusInd Bank Limited and Vedanta Limited with a decrease of 3.39% and 3.32 % at the close of the markets. The Auto sector is down 173.35 points at 16654.62 while the Banking sector is down 100.01 points at 17073.33 and the Realty sector is up 4.31 points at 1172.21.The Indian currency was up with 0.38 % at Rs. 67.90 per dollar.

BSE closes 81.14 points down on January 14

New Delhi, Jan 14 (ANI): Trading at the Bombay Stock Exchange today closed 81.14 points down to stand at 24,772.97. At the National Stock Exchange the Nifty closed25.60 points down to stand at 7,536.80. Redington (India) Ltd and Fortis Healthcare Ltd were among the top gainers of group A with an increase of 6.28% and 6.00% along with NIIT Technologies Ltd and Infosys Ltd with an increase of 4.58% and 4.28% respectively, while the top losers of group A includes Jindal Steel and Power Ltd. andTorrent Power Ltd with a decrease of 7.17% and 7.11% along with Karnataka Bank Ltd and Aditya Birla Nuvo Ltd with a decrease of 7.00% and 5.89% at the close of the markets. The Auto sector is up 222.18 points at 17255.01 while the Banking sector is up 301.79 points at 17720.22 and the Realty sector is up 18.79 points at 1270.27. The Indian currency was up with 0.56% at Rs.67.22 per dollar.

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