December 04, 2024 4:43 pm
The RBI will deliver its policy decision on Friday, with traders expecting some form of monetary policy easing this week after weak GDP data for the July-September quarter.
November 25, 2024 10:45 am
The overall strength of the American currency and elevated crude oil prices are likely to strain India's trade balance, creating challenges for sustained rupee appreciation, forex traders said.
August 09, 2024 12:27 pm
Strongest Currency in the World: Among the 180 official currencies in the world, here are the top 10 highest-valued across the world, and no, the first one is not the US dollar. Explore the list below.
July 10, 2023 5:26 pm
Rupee is trading in a narrow range as the softness in the US dollar and sustained FII inflows were negated by risk aversion in global markets, forex traders said.
January 13, 2023 8:55 pm
India, the world's third biggest oil-consuming and importing nation, is looking to raise domestic output to help cut down reliance on costly imports.
July 19, 2022 1:40 am
The rupee had opened strong at 79.75 but fell again towards the 80 level, this time on the back of a supportive range from crude as Brent breached $100 per barrel on less chance of recession in US.
July 25, 2019 11:46 am
Forex traders said heavy buying in domestic equity market supported the domestic unit, however, foreign fund outflows and rising crude oil prices weighed on local currency.
July 01, 2019 11:50 am
The rupee opened on a strong note and rose 17 paise to 68.86 against the US dollar in early trade Monday tracking gains in domestic equities, even as crude oil prices firmed up.
January 14, 2019 11:11 am
At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.50 then fell further to 70.59 against the American currency, down 10 paise over it's previous closing price.
January 11, 2019 10:57 am
The rupee opened strong at 70.38 at the interbank forex market against previous close of 70.41 per dollar then gained further ground and touched a high of 70.34 amid positive opening in domestic equities.
February 18, 2016 10:55 am
Siliguri, Feb 18 (ANI): The Siliguri Police seized 18 kilograms of gold from three people after intercepting their car in Siliguri on Wednesday. Acting on a tip-off, police caught the smugglers passing by Salugara Monastery. The police recovered 13 thousand USD and a pistol with ammunition from them. When they (smugglers) and the car were searched, 18 bars of gold weighing 1kilogram each, total 18kilograms gold, 13 thousand USD, and one improvised pipe gun with two round of ammunition is what we have found. In India, smugglers risk a jail term of up to seven years, although such a penalty is rare and the main deterrent is confiscation of the gold. When the country first started stifling gold imports in 2013 to tackle a widening trade deficit, smugglers went to the extent of getting human mules to swallow nuggets or hiding gold bars in dead cows.




