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Breaking News Mon, 28 Feb 2011
Indian Rupee - Currency
(photo: WN / Rubielyn Bunag)
Rupee closes worst week; bond yields steady
The Times Of India
The rupee completed its biggest weekly loss in a month on concern the steepest jump in oil prices since 2009 will boost the nation’s import bill, widening a record current-account deficit. Crude surged 13.5% to $97.84 a barrel on the New York Mercantile Exchange this week, touching a 29-month high...
Rupee - Currency
(photo: WN / Rubielyn Bunag)
Rupee recovers 16 paise against US dollar
The Times Of India
MUMBAI: The rupee on Friday recovered by 16 paise to end at 45.32/33 against the US currency on sale of dollars by exporters amid marginal recovery in local equities despite capital outflows and a firm greenback overseas. | Forex dealers attributed the rise in the value of rupee to sale of dollars b...
Union Budget 2011: Rupee up on increase in FII corp bond limit
The Times Of India
MUMBAI: Rupee rose on Monday after the budget increased foreign institutional investment (FII) limit in corporate infrastructure bonds by $20 billion to $40 billion. | At 11:27 a.m. (0557 GMT), the partially convertible rupee was at 45.18/19 per doll...
Rupee must gain currency at our international airports: Naveen Jindal
The Times Of India
In July 2010, India joined the ranks of major currencies of the world by adopting a symbol for the rupee—an elegant blend of Devanagari and English alphabets with attributes of the tricolour represented in the two lines at the top and white space i...
Rupee closes worst week; bond yields steady
The Times Of India
The rupee completed its biggest weekly loss in a month on concern the steepest jump in oil prices since 2009 will boost the nation’s import bill, widening a record current-account deficit. Crude surged 13.5% to $97.84 a barrel on the New York Merca...
Rupee recovers 16 paise against US dollar
The Times Of India
MUMBAI: The rupee on Friday recovered by 16 paise to end at 45.32/33 against the US currency on sale of dollars by exporters amid marginal recovery in local equities despite capital outflows and a firm greenback overseas. | Forex dealers attributed t...
US Dollars Currency
WN / Rubielyn Bunag
Rupee down by 23 paise against dollar
The Times Of India
MUMBAI: The rupee was down by 23 paise at 45.35 per US dollar in early trade today on month- end dollar demand from banks and importers amid weakness in the local equity market. | ...
US Dollars Currency
WN / Rubielyn Bunag
Rupee down on high oil; broad dollar weakness aids
The Times Of India
MUMBAI: The Indian rupee weakened on Thursday as rising world crude prices boosted demand for dollars from oil importers but broad weakness in the dollar averted a sharper fall of ...
Gold
WN / Rubielyn Bunag
Gold retreats from high; traders eye more falls
The Times Of India
MUMBAI: India gold eased a tad from its highest level in seven weeks on Wednesday weighed by a stronger rupee, leaving traders unenthused as they waited for bigger falls to stock u...
Sensex crashes 546 points
The Hindu
| Special Correspondent | Rising oil prices, domestic inflationary pressures impact | MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, tumbled by 545.92 points to 17632.41 on Thursday on rising global oil prices and domestic inflationary pr...
Rupee weakens most in 7 weeks
The Times Of India
The rupee fell the most in seven weeks on concern a surge in oil prices will boost import costs and widen the current-account deficit from a record. | Crude on the New York Mercantile Exchange touched $103.41 per barrel on Thursday, the highest level...
India rupee falls to 1-wk low on weak shares, high oil
The Times Of India
MUMBAI: The Indian rupee fell to a one-week low on Thursday, dragged down by surging oil prices that pushed up dollar demand from oil importers as well as battered stocks, but a weak dollar overseas prevented a steeper fall. | The partially convertib...
Hindalco: Rs 8000 crore rupee debt for Mahan Aluminium Project
The Times Of India
Aditya Birla group owned Hindalco is raising Rs 8000 crore rupee loan for its Mahan Aluminium project. The lenders include SBI Caps, Kotak Mahindra Bank , Citibank & Royal Bank of Scotland. The average interest rate for the rupee is loan is 10.25%. H...
Central Banking
US Dollars Currency
(photo: WN / Rubielyn Bunag)
Yuan edges up vs dollar, awaits next c.bank move
The Times Of India
SHANGHAI: The yuan rose against the dollar on Friday but gains were capped by caution after the People's Bank of China set a high mid-point but failed to let its daily fixing hit a record high. | Traders had expected the fixing to hit a new peak as Beijing appeared to be using the yuan to help fight imported inflation propelled by high global commo...
Quotes
Stock traders react as they watch prices on their computer screens during trading hours at the premises of a financial consultant in Mumbai, India, Monday, June 9, 2008. Indian shares have dropped sharply on worries about soaring crude oil prices. In early trading, the Bombay Stock Exchange's benchmark 30-stock Sensex fell 469.52, or 3.02 percent, to 15,102.66 points.
(photo: AP / Gautam Singh)
Sensex recovers on growth prospects
The Hindu
| Firm trend in Asian and European markets as crude oil prices drop | MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, halted the three-day falling trend on Friday. The benchmark index gained over 68 points and closed at 17700.91 against 17632.41 on Thursday, as investors bought bluechips at lower levels, amid Economic Survey projecting s...



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