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Rupee crashes to 68.50, Sensex sinks over 500 points

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The Indian rupee breached 68.50 against the U.S. dollar to a record low on Wednesday. The partially convertible rupee crashed over three per cent to hit a low of 68.55 as against Tuesday's close of 66.24.

Sensex up for third day

Rising for the third straight day, the S&P BSE benchmark Sensex Monday closed 39 points up at an over one-week high on buying in power, capital goods and healthcare shares, amid hopes of higher capital inflows.

Gold hits 9-month high; silver regains Rs 54k mark


Gold staged a smart rally and hit a nine-month high at the domestic bullion market Saturday on strong buying from stockists amid jewellery and investment demand in the backdrop of surge in global commodity market.

Chidambaram meets top bankers to shore up fund inflows


Finance minister P. Chidambaram Saturday held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and ways to shore up foreign capital to bridge the widening current account gap.

Markets continue to decline for 5th week, drop 79 points

In spite of last two days’ recovery, both key indices Sensex and Nifty continued to decline for the straight fifth week on persistent selling pressure due to sustained depreciation of the rupee against the US dollar.

Mumbai gangrape: 2 arrested; hunt on for 3 others

A second accused in the brutal gangrape of a 23-year-old photo journalist was Saturday arrested from south Mumbai even as police launched a manhunt for three others in the case, which sparked a wave of protests.

Facebook plans to get billions online


From a fledging start-up, Facebook has emerged to become $114-billion company (after it was listed on the NASDAQ with a stock price at $42).

Rupee tumbles to 64.43; Sensex down around 400 points


The rupee hits fresh all-time low, trading around 64.40 per dollar as heavy dollar buying from large state-run banks along with demand from custodian banks hurt the local currency on Wednesday..

DFO to book tipsy jumbo’s owner


The Thrissur divisional forest officer (DFO) Sasi Kumar has instructed the Pattikkad range office to probe into the confession of NRI tycoon Sundar Menon, owner of Thiruvambadi Sivasundar, that he had often given the elephant brandy to drink.

Saina Nehwal lashes out at Taufik Hidayat


Indian badminton star Saina Nehwal has lashed out at Hyderabad Hotshots team-mate and former world champion Taufik Hidayat over his comments criticising the auction process of the inaugural Indian Badminton League.

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