Mumbai: Making garlands of currency notes, a practice followed in Indian marriages and political rallies, has been sought to be discouraged by the Reserve Bank.
"The Reserve Bank of India has appeale

Mumbai: A host of positive factors such as sustained gains in the rupee and easing tensions over Syria kept the stock markets upbeat for the fourth session on Tuesday with the benchmark S&P BSE S

Mumbai: Continuing its rising streak for the fourth straight day, the rupee on Tuesday appreciated by 94 paise to 64.30 in early trade against the dollar at the Interbank Foreign Exchange market afte

Mumbai: Analysts and heads of treasuries at banks have opined that 'the Rajan effect' - the impact of the measures unveiled by new Reserve Bank Governor Raghuram Rajan - will continue to play out in

The rupee and bonds rallied on Thursday as measures announced by the Reserve Bank of India (RBI) chief Raghuram Rajan late on Wednesday raised hopes of a new approach to the current crisis, while the

Mumbai: New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focu

Mumbai: The benchmark S&P BSE Sensex on Wednesday surged 333 points as investors picked up beaten down shares and sentiment improved as the rupee made a smart pullback.
Gains were led by metal, h

Why we are in panic? Weakened rupee is an opportunity. I wonder why our finance minister P. Chidambaram is battling to stem the collapse of the Indian rupee from 55 to a dollar a month ago to 67 this

Mumbai: The S&P BSE benchmark Sensex nosedived nearly 720 points in the closing stages of trade on Tuesday on heavy foreign funds outflow as the rupee plunged below 68-level against the US dollar

Mumbai: The Indian rupee trimmed its initial losses but was still quoted down by 14 paise to 65.84 per dollar on demand for the US currency from banks and importers due to higher global cues amid fir