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Tuesday, May 26, 2020

India rupee sees mild recovery as RBI steps in to prop up,say traders

August 27, 2013 1:59:43 pm

RBI was likely selling dollars via state-run banks,starting at 65.90 rupee levels,to prevent it from slipping further,three traders said.

Indian rupee logs worst fall to all-time low against US dollar,closes at 66.24

August 27, 2013 9:20:49 am

The rupee had plunged 148 paise on August 19. The previous lifetime low was 65.56 on August 22.

Indian rupee falls sharply by 100 paise to 64.20 against dollar

August 26, 2013 9:25:18 am

Rupee fell to a record low of 65.56 last week,and has lost more than 14 per cent so far this year.

Indian rupee may gain this week on FM’s pep-talk

August 25, 2013 3:09:01 pm

Dealers also expect that month-demand from oil importers may also weigh on rupee this week.

Public sector banks faces shortage of 56,000 employees

August 25, 2013 2:24:14 pm

Public sector banks face a shortage of 56,022 personnel across various cadres and the lenders are at different stages of filling these posts,official sources said.

Investing: Mutual funds line up 26 Fixed Maturity Plans

August 25, 2013 11:47:56 am

Of these,16 draft offers have been filed in August so far,while the other 10 were filed in July.

RBI fines 6 banks for flouting norms

August 24, 2013 2:27:45 am

Penalty ranges from Rs 5 lakh to Rs 2 cr for violation of KYC,money laundering regulations.

Indian rupee to strengthen to 60-61 level by fiscal-end: Analysts

August 23, 2013 8:50:26 pm

Indian rupee,Asia's worst performing currency,has fallen over 20 pct against dollar.

Centre only worried about saving chair,not Indian rupee: Narendra Modi

August 20, 2013 3:39:29 pm

Modi lambasted Centre for not taking any steps to strengthen currency against US dollar.

Bonds gain as Indian rupee off record lows

August 20, 2013 1:15:52 pm

'Recovery in Indian rupee following RBI intervention earlier in session aiding bonds.'

RBI seen selling dollars from 63.85 levels via state-run banks: dealers

August 20, 2013 10:36:46 am

The rupee was last at 63.56/58 to the dollar,off its low of 64.13 seen early in session.

Markets see Indian rupee gaining this week on NRI inflows

August 18, 2013 5:27:12 pm

The RBI steps announced last week will start bearing the fruit this week as more NRI remittances are likely to flow in.

Present scenario offers avenues to get quality business: Yes Bank

August 18, 2013 5:04:14 pm

Uncertainties over exchange rates and future policy moves might be posing challenges to banking sector,but private sector lender Yes Bank believes it also provides opportunities to get "quality business".

IT,pharma,agri pop up on Mutual Fund radars as market dives

August 18, 2013 4:57:40 pm

'Given the current environment,stock picking across sectors will be the strategy going ahead.'

Indian rupee breaches 62-mark for 1st time,ends at record low of 61.65

August 16, 2013 6:40:34 pm

To restrict the outflow of foreign currency,the RBI had on August 14 announced stern measures.

Indian government bonds headed for worst week in 4.5 yrs

August 16, 2013 3:01:24 pm

Indian government bonds are headed for the worst week in four-and-a-half years as a slew of government steps failed to prevent another record low for the rupee.

As Indian rupee hits record low,foreign investors baulk

August 16, 2013 2:54:50 pm

FDI fell to $36.9 billion in the fiscal year ending in March from $46.6 billion the previous year.

Indian rupee erases early losses,up eight paise to 61.19 vs US dollar

August 13, 2013 12:00:36 pm

Sustained capital inflows and fresh dollar sales by exporters also supported the rupee.

Indian rupee weakens,FM P. Chidambaram’s proposals seen lacking details

August 12, 2013 4:18:10 pm

Benchmark 10-year bond yields rose to 8.24 percent from its 8.12 percent close on Thursday.

Indiabulls Housing Finance to raise Rs 10,500 crore debt in Fiscal year 2014

August 11, 2013 5:11:24 pm

Funds will be arranged through banks (40%),bonds (40%) and portfolio sell down (20%).