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Rupee extends losses; lack of dollar supplies hurts

Last Updated: Monday, July 07, 2014, 14:59

Asian currencies trading mixed versus the dollar.

RBI buying dollars to halt rupee gains: Traders

Last Updated: Monday, May 19, 2014, 09:57

The rupee had gained at open on expectations of continued robust foreign buying in domestic shares and debt after the Bharatiya Janata Party swept the country`s elections.

UBS cuts Infosys to ''sell''

Last Updated: Wednesday, May 07, 2014, 09:50

UBS downgrades Infosys Ltd to "sell" from "buy" and cut its target price to 2,750 rupees from 4,050 rupees.

Sensex closes above 22K for first time; rupee at over 6-mth high

Last Updated: Monday, March 24, 2014, 20:06

Indian stock markets extended their record-breaking spree with the Sensex Monday hitting a new peak and closing above 22,000 mark for the first time, while the rupee surged to its strongest level against dollar in over six months, buoyed by robust capital inflows.

Rupee fared better than others; exchange rate has stabilised: FM

Last Updated: Monday, February 17, 2014, 13:00

The government Monday said the Indian currency has fared better than those of other emerging economies and the exchange rate has stabilised.

RBI to issue Rs 500 banknotes with rupee symbol

Last Updated: Tuesday, December 31, 2013, 19:59

The Reserve Bank will soon issue Rs 500 banknotes with rupee symbol in the Mahatma Gandhi Series- 2005.

Nepal, India agree to allow 1,000, 500 rupee notes in Nepal

Last Updated: Tuesday, December 24, 2013, 20:12

Nepal and India have agreed in principle to allow circulation of Rs 500 and Rs 1,000 denomination Indian bank notes within Nepalese territory, ending a ban in place for over a decade.

Rupee advances by 46 paise to 61.59 vs dollar in late morning trade

Last Updated: Thursday, December 05, 2013, 12:29

Moving in line with equity market, the rupee advanced by 46 paise to 61.59 per dollar on fresh selling of dollars by banks and exporters.

UBS sets Nifty target at 6,900 for 2014

Last Updated: Thursday, December 05, 2013, 10:13

The investment bank adds tapering is not a big fundamental worry for India, but a depreciating rupee may yet be a likely trend.

Chidambaram takes on Modi, says rupee value fell under NDA rule

Last Updated: Wednesday, November 27, 2013, 13:41

Taking on Narendra Modi for claiming that the value of the rupee did not fall during NDA rule, Finance Minister P Chidambaram on Wednesday said this was yet another item in the "collection" of history lessons from the Gujarat Chief Minister.

Global cues, rupee, FII trend to dictate stock markets this week

Last Updated: Sunday, November 17, 2013, 11:29

With the July-September quarterly earnings season coming to an end, the focus will now shift to global cues which will determine the near-term trend for the domestic bourses, say analysts.

Over $5 billion received through swap facility: Rajan

Last Updated: Friday, October 04, 2013, 22:01

Over five billion dollars have come in through the swap facility which was launched in September to combat rupee depreciation, RBI Governor Raghuram Rajan on Friday said.