Rains, rupee, reforms expected to lift equities
Healthy monsoon rains, more economic reforms and a firm rupee are expected to support the equity markets` upward trajectory in the coming week.
Jul 03, 2016, 12:36 PM IST
US, European stocks rise, ending Brexit rout
US and European stocks rose sharply on Tuesday, making their first gains since Britain`s unexpected vote to quit the EU, while the pound rebounded as investors returned to jittery markets.
Jun 29, 2016, 04:27 AM IST
'India preparing projects worth $2-3 billion for funding by AIIB'
India is preparing a basket of projects worth USD 2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development and energy and is ready to set up an office of the China-backed bank in New Delhi.
Jun 26, 2016, 19:03 PM IST
Forex reserves touch a life-time high of $363.8 billion
Foreign exchange reserves hit a life-time high of USD 363.8 billion after it rose USD 592.1 million in the week ended June 17, the Reserve Bank said on Friday.
Jun 24, 2016, 18:17 PM IST
Dollar edges higher vs euro as central banks weigh policy
The dollar pushed higher on the euro and the yen was stronger.
Jun 15, 2016, 03:25 AM IST
Dollar dips vs yen as Yellen dampens rate hike signal
Less than two weeks ago Yellen said that the US economy was improving enough to support a hike "probably in the coming months."
Jun 07, 2016, 04:15 AM IST
India’s forex reserves dips marginally to $360.19 bn
India’s foreign exchange reserves dipped marginally to $360.19 billion as on May 27, the Reserve Bank of India (RBI) has said.
Jun 04, 2016, 15:12 PM IST
India's forex reserves down $121.3 mn to $360.90 bn
Total reserves had dipped by USD 968 million to USD 361.02 billion in the previous reporting week ended May 13.
May 27, 2016, 20:57 PM IST
India's foreign exchange reserves dip marginally for the second consecutive week
Foreign exchange of India dipped marginally by $980 million for the second consecutive week to reach $361 billion for the week ended May 13 as per Reserve Bank of India's weekly statistical report.
May 20, 2016, 22:03 PM IST
Singapore unexpectedly eases policy as growth stalls, currency tumbles
Singapore`s central bank unexpectedly eased policy on Thursday after growth stalled in the first quarter, darkening the outlook for the trade-dependent economy and triggering the worst fall in the local dollar in eight months
Apr 14, 2016, 11:47 AM IST
Dollar slides to 17-month low vs yen as stocks, oil fall
The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors pulled away from riskier assets, pushing shares and oil prices lower as the outlook for U.S. interest rates remained clouded.
Apr 05, 2016, 20:20 PM IST
Rupee rally continues for 6th day, up 5 paise to 66.21
Extending its winning momentum for the sixth straight sessions, the rupee Monday strengthened by 5 paise to close at 66.21 per dollar on persistent selling of the American currency by banks and exporters amid sustained foreign capital inflows.
Apr 04, 2016, 19:08 PM IST
RBI intervenes via state-run banks to curb rupee's rise, traders say
The Reserve Bank of India has intervened aggressively to curb the rupee`s strength as it struck three-month highs, two traders said on Thursday, estimating that the central bank had bought around $1 billion since Wednesday.
Mar 31, 2016, 15:05 PM IST
Rupee extends gains for 2nd day, up 7 paise vs dollar
The rupee extended its gains for the second day on Monday against the US currency, moving up by 7 paise to close at 66.57 a dollar even as stock markets fell
Mar 28, 2016, 19:35 PM IST
Rupee sinks 24 paise to 66.88 vs dollar in early trade
The dollar was firm against some global currencies, boosted by optimism over the US economy after GDP figures were revised upwards which also weighed on the rupee, dealers said.
Mar 28, 2016, 09:52 AM IST
China stocks flat despite yuan weakness, property curbs
China's main stock indexes were little changed on Friday morning, pointing to flat trading for the week, as a month-long, 10 percent market rebound loses momentum.
Mar 25, 2016, 12:47 PM IST
Dollar steadies, global shares on best run in two years
World shares headed for a fifth straight week of gains on Friday, their best run in more than two years, as this week`s losses by the dollar, central bank reassurances and a 2016 high for oil all boosted confidence
Mar 18, 2016, 20:00 PM IST
Rupee gains 20 paise to 66.55 against dollar in early trade
Moreover, a higher opening in the domestic equity market influenced the domestic unit, according to forex dealers.
Mar 18, 2016, 10:10 AM IST
Dollar dips ahead of key US jobs report
The dollar slipped Thursday as investors awaited the US February jobs report for signals on the future path of Federal Reserve interest rate increases.
Mar 04, 2016, 04:23 AM IST
Dollar gains against yen on U.S. data euro, lower in run-up to ECB
The U.S. dollar rebounded against the yen and hit one-month highs against the euro on Tuesday after traders saw the yen`s rally as overextended.
Mar 02, 2016, 03:58 AM IST
