sensex, Nifty, hare market, Stock open, Stock market, BSE sensex, NSE nifty, market news, Business news, indian express news
September 19, 2018 2:23:15 am

The Sensex also plunged 295 points to 37,290.67 due to hectic selling in financial and auto stocks as the rupee woes hit the stock markets.

Rupee, Rupee depreciation, IMF, Rupee against dollar, India economy, Indian Express news
September 18, 2018 7:06:49 pm

Since the beginning of the year, the Indian rupee "has lost about 11 per cent of its value in nominal terms vis a vis the US dollar", the International Monetary Fund (IMF) spokesperson, Gerry Rice said.

sensex, Nifty, hare market, Stock open, Stock market, BSE sensex, NSE nifty, market news, Business news, indian express news
September 18, 2018 10:56:02 am

The 30-share BSE index gained 159.93 points, or 0.42 per cent in opening trade, but soon turned choppy falling 37.10 points, or 0.10 per cent, to 37,548.41.

September 18, 2018 10:14:40 am

The government Monday proposed amalgamation of three public sector banks — Bank of Baroda, Vijaya Bank and Dena Bank — to create what will be India’s third largest bank in terms of total business at Rs 14.82 lakh crore.

India's curbs on 'non-essential' imports likely on Thursday: report
September 18, 2018 9:59:46 am

Besides, dollar-selling by exporters and banks, fall in crude prices in the global market and weakness in the dollar against some currencies overseas amid US-China trade conflict, helped the domestic currency rebound, forex dealers said.

Rupee, Rupee depreciation, IMF, Rupee against dollar, India economy, Indian Express news
September 18, 2018 8:15:03 am

IMF spokesperson Gerry Rice, however, said the currencies of many of India's trading partners, including those in the emerging markets, too have depreciated against the dollar.

India's curbs on 'non-essential' imports likely on Thursday: report
September 14, 2018 7:20:06 pm

Rupee benefitted from the massive US Dollar re-pricing in the aftermath of the weak US inflation report, discounting the chances of Fed hiking rates four times this year.

Forex reserves plunge below USD 400 bn mark
September 14, 2018 7:18:34 pm

This is the second consecutive week of major fall in the reserves which indicates that the central bank has been selling the greenback to fight the fall in rupee.

sensex, Nifty, hare market, Stock open, Stock market, BSE sensex, NSE nifty, market news, Business news, indian express news
September 13, 2018 1:44:09 am

The rupee also bounced back against the British Pound to close at 93.76 per pound from 94.63. It recovered against Japanese yen to finish at 64.74 per 100 yens from 65.29 earlier. The rupee also recouped against the euro to end at 83.58 from 84.20.

Centre non-committal on petrol, diesel excise duty cut
September 12, 2018 4:49:13 pm

The rupee touched a new lifetime low of 72.91 to the dollar in the opening trade on Wednesday but recovered 69 paise by the afternoon on suspected intervention by the RBI.

Rupee, Rupee depreciation, IMF, Rupee against dollar, India economy, Indian Express news
September 12, 2018 1:14:29 pm

Escalating trade war concerns, consistent dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices, kept the rupee under pressure, dealers said

Sebi to start personal hearings in probe against ICICI Bank, Kochhar this month
September 12, 2018 1:59:15 am

The regulator will soon take a call on the recommendations by the fair market conduct committee to further strengthen the rules to deter financial crimes like frauds, market manipulations and insider trading.

Sensex rises nearly 100 points ahead of RBI policy meet, rupee rises 4 paise against US dollar
September 12, 2018 1:47:07 am

Elimination of risks associated with physical certificates will be a key benefit from the decision, said the Ministry of Corporate Affairs.

Sebi to start personal hearings in probe against ICICI Bank, Kochhar this month
September 11, 2018 2:56:03 pm

The renewed concerns over an escalation of trade war between the US and China pulled down global markets, while the domestic markets are witnessing free fall due to sharp decline in the rupee value.

Sensex falls another 310 pts on domestic, global woes
September 11, 2018 6:48:21 am

Two key worries that a sharply depreciating rupee pose for the government are the rising cost of raising funds abroad for Indian companies and the risk of expensive imports, especially petroleum products, feeding domestic inflation.

The BSE 30-share barometer fell by 206.85 points, or 0.54 per cent, to 38,182.97 in early trade.
September 11, 2018 12:37:25 am

Nifty drops below 11,500 amid fears of possible escalation in US-China trade war.

Sebi seeks public comments; panel suggests major changes
September 9, 2018 2:26:20 am

Committee recommends more time for compliance of the norms by FPIs

Rupee recovers 15 paise against US Dollar in early trade
September 7, 2018 11:04:20 am

The BSE benchmark Sensex drifted lower by nearly 166 points and the NSE Nifty slipped below the 11,500-level in the opening session Friday due to intense selling mainly in banking, power and healthcare shares amid weak Asian cues.

US-India Business Council event: ‘India, US must boost trade to $500-600 billion’
September 7, 2018 4:53:03 am

India to become $10-trillion economy by 2035, says Suresh Prabhu

IEThinc: Is Internet shutdown the New Order for Law and Order?
September 7, 2018 7:18:25 am

Experts brainstorm social, constitutional and economic implications