Rupee trading strong at 58.96 The Hindu The rupee was trading strong at 58.96 to the dollar at about 1.50 p.m. after opening at 59 to the dollar. | The stock markets are delirious with the index shooting through by 6 per cent in just a little under an hour’s trade as the election res...
Sensex at new high; rupee at 11-month peak The Hindu The stock markets and the rupee welcomed the crowning of Narendra Modi as India’s 14th Prime Minister by opening Friday’s trading session at a significant high. | Immediately after opening, the Nifty and the Sensex spiralled and breached ...
Rupee hits 11-month high as BJP sweeps election The Hindu The rupee on Friday surged to its 11-month high as the BJP-led NDA swept the general elections. The rupee closed at 58.79 as compared to its previous close of 59.30, up 51 paise or 85 per cent. Intra-day, the rupee had appreciated to 58.62 as hectic ...
Moody's Zeenews Positive investor sentiment, which got a boost in the run-up to the Lok Sabha polls, is likely to be sustained following the thumping victory of the BJP-led National Democratic Alliance, Moody's Investors Service said Friday. ...
Exporters unhappy with rupee rally, seek intervention: CII The Siasat Daily New Delhi, May 16: | The recent rally in rupee vis-a-vis the US dollar has made a section of exporters unhappy, as the strengthening of the local currency makes Indian exports "uncompetitive" in the global marketplace, CII on Thursday said. | The rup...
RBI fixes reference rate for rupee at 58.6 against dollar today Deccan Chronicle The Reserve Bank of India’s Reference Rate for the US dollar is `58.8610 and the Reference Rate for Euro is `80.7166 on May 16, 2014. The corresponding rates for the previous day (May 15, 2014) were `59.4745 and `81.5526 respect...
Rupee rises to 10-month high of 58.61 against dollar Zeenews Huge inflow of foreign money in equities markets and sale of American currency by banks and exporters strengthened the Indian currency position. ...
Traders Zeenews The rupee gained after early counting showed the Bharatiya Janata Party and its allies leading in 335 seats. ...
Asian shares step back from highs Independent online Tokyo - Asian shares stepped back from a one-month high on Thursday, tracking a retreat on Wall Street, while expectations of credit easing by the European Central Bank knocked down yields on US and European bonds. | MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent from one-month high hit on Wednesday as Wall Street sha...
Stocks open lower on economic news Newsday Travel deals | Stocks are down in early trading after news of weaker U.S. factory production, higher prices for shoppers and disappointing Wal-Mart earnings. | The Dow Jones industrial average fell 50 points, or 0.3 percent, to 16,563 shortly after the market opened Thursday. The Standard & Poor's 500 index fell six points, or 0.3 percent, to 1...
