Will surpass $10 bn investment commitment for India: SoftBank
Positive on India's prospects, Japan's SoftBank today pledged that it will "surpass" the stated commitment of investing USD 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses.
Dec 02, 2016, 18:04 PM IST
Rupee recovers from all-time low, regains 9 paise to 68.64 vs USD
The rupee on Friday recovered from its 39-month closing low by rising 9 paise to 68.64 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters.
Nov 25, 2016, 10:13 AM IST
Demonetisation: Rupee touches all-time low, regains to end at 68.73
As the rupee plunged to a record low today, Finance Ministry said it is closely monitoring the currency movement.
Nov 24, 2016, 18:16 PM IST
Note Ban Impact: Rupee hits lowest level in three years
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Nov 24, 2016, 11:57 AM IST
Demonetisation Impact: Rupee plunges to new record low of 68.86 vs USD
Rupee's unabated free-fall continued for the fifth straight day Thursday as it weakened by another 30 paise to hit over 3-year low of 68.86 against the dollar in afternoon trade amid foreign fund outflows and the greenback's surge in overseas markets.
Nov 24, 2016, 09:59 AM IST
Gold price up for second day on physical buying, dollar drop
Gold prices rose for a second day on Tuesday supported by an easing US dollar and physical buying in Asia.
Nov 22, 2016, 10:24 AM IST
Coruption is now demaned in US dollars: Kiran Mazumdar Shaw
While the demonetisation of Rs 500 and Rs 1000 have reportedly reduced even terror funding and corruption to a certain level, the move itself has been questioned by many.
Nov 21, 2016, 19:27 PM IST
Weak US dollar pushes oil at three-week high ahead of OPEC meeting
Oil prices rose on Monday to their highest in three weeks, catching a lift from a weaker U.S. dollar and from cautious money managers, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week.
Nov 21, 2016, 18:11 PM IST
Rupee plunges to over 8-month low of 68.24 vs USD
The rupee fell to over 8-month low of 68.24 against the US dollar in mid-session deals Monday following bouts of American currency demand from importers amid drop in domestic equities as well as bullish dollar overseas.
Nov 21, 2016, 11:23 AM IST
Dollar strongest in 13 years; bond yields rise
The US dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a selloff that left yields at their highest levels of the year.
Nov 19, 2016, 03:04 AM IST
Dollar hits 13-1/2 year high, US bond yields gain on Trump stimulus bets
The dollar sprinted to a more than 13-1/2 year high against a basket of major currencies on Friday and U.S. debt yields hit near one-year highs on expectations that President-elect Donald Trump`s policies will boost the US economy.
Nov 18, 2016, 13:19 PM IST
Oil prices decline on strong US dollar
Oil prices declined as strong US dollar offset market`s optimism over an oil output freeze deal.
Nov 18, 2016, 06:32 AM IST
US dollar rises against major currencies
The US dollar increased against other major currencies as Federal Reserve Chair Janet Yellen said the central bank is close to raising interest rates recently.
Nov 18, 2016, 04:49 AM IST
Indian rupee jumps to 1-month high against US dollar at 66.62
The rupee on Tuesday recovered 12 paise to close at one-month high of 66.62 per US dollar following heavy dollar unwinding by banks and exporters amid capital inflows.
Nov 08, 2016, 18:59 PM IST
US dollar falls
The political developments, which happened less than two weeks before the presidential election, continued to weigh on the greenback on Monday.
Nov 01, 2016, 04:00 AM IST
India's forex reserves rise $1 bn to $367.14 bn
Total reserves had dipped by USD 1.506 billion to USD 366.139 billion in the previous reporting week, after touching a life-time high of USD 371.99 billion in the week to September 30, 2016.
Oct 29, 2016, 16:09 PM IST
FCNR payments, strong US dollar deplete India's forex reserves
A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.
Oct 22, 2016, 17:43 PM IST
Rupee gains for 2nd session, up 5 paise at 66.68 vs USD
The rupee on Wednesday extended its gains for the second session by adding 5 paise to close at 66.68 against the US dollar on sustained selling of the American currency by banks and exporters.
Oct 19, 2016, 20:55 PM IST
Gold, silver continue slide on weak global trend, tepid demand
Gold continued to slide for the second straight day on Saturday as prices fell by Rs 50 to Rs 30,250 per 10 grams at the bullion market, tracking a weak global trend amid tepid demand from jewellers.
Oct 15, 2016, 17:29 PM IST
Forex reserves off record high, slump $4 billion to $367.64 billion
After touching a record high, the country's foreign exchange reserves declined by a whopping USD 4.343 billion to USD 367.646 billion in the week to October 7, the Reserve Bank said on Thursday.
Oct 14, 2016, 18:03 PM IST
