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Rupee gains 37 paise to one-week high of 62.07 vs dollar

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Mumbai: The rupee gained for the second day, adding 37 paise to a one-week high of 62.07 against the dollar on Thursday as the RBI eased swap norms for banks borrowing funds overseas and exporters so

Don’t fall into a Credit trap

The credit card is one of the most important financial inventions in modern times. However, this much-sought-after boon can be a real bane to your finances if not used with care. Here are a few insta

Re jumps 158 paise to 1-month high vs USD


Mumbai: The rupee today zoomed by 158 paise to trade at over one-month high of 61.80 against the dollar at the Interbank Foreign Exchange market on hopes of increased capital inflows after the US Fed

Costlier onion pushes inflation to 6-month high of 6.1% in Aug


New Delhi: High prices of onion and other kitchen items drove the headline inflation to six-month high of 6.1 per cent in August, limiting options for a rate cut by the new RBI Governor Raghuram Raja

RBI meet to decide markets


After a big bang start during the early part of the week ended, markets drifted towards the later part on alternate bouts of buying and selling.
However, benchmark indices, the Sensex and the Nifty,

RBI rules rekindle NRI shareholders’ interest


Mumbai: The recent decision by the Reserve Bank of India to allow non-residents, who are controlling shareholders in Indian listed firms to buy additional stake from the market without prior approval

Indian economy will bounce back soon: Pranab Mukherjee

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Kolkata: Exuding confidence that the Indian economy will bounce back soon, President Pranab Mukherjee on Saturday said there was no reason for gloom to prevail as steps were being taken to boost inve

Rupee edges up 2 paise to 63.48; Sensex down 49 points at 19,732.76

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Mumbai: The rupee on Friday recovered all of its early losses and edged up two paise to end at 63.48 against the dollar as exporters sold the US currency.
The rupee opened weaker at 63.75 on th

Rupee down 65 paise against dollar in early trade


Mumbai: The rupee on Friday fell by 65 paise to 64.15 against the dollar in early trade, extending Thursday's weakness, at the Interbank Foreign Exchange market on fresh demand from importers for the

Rupee falls 12 paise to 63.50, snaps 5-day rally; Sensex drops 216 points

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Mumbai: The rupee surrendered initial gains on Thursday and fell for the first time in six days, dropping 12 paise to close at 63.50 against the dollar on fresh demand for the US currency from

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