rupee
Investors lost Rs 20 lakh cr in stocks this year
In a departure from big gains in the past two years, investors saw around Rs 20 lakh crore of their wealth eroded as Indian equities tanked in 2011 because of inflation, high interest rates and the uncertain global growth environment accentuated by the euro zone debt crisis.
Sensex falls 146 points
A benchmark index for Indian equities fell 146 points on wednesday, closing in the red for the second straight day, due to selling pressure in realty, metal and banking stocks.
The 30-scrip sensitive
SBI,Kotak Mahindra announce hike in NRE deposit interest rates
he country's largest lender State Bank of India (SBI) and a few other banks, including Kotak Mahindra Bank, today announced a sharp hike in interest rates offered on non-resident external (NRE) deposi
Rupee ends lower by 31 paise Vs dollar
The rupee today closed lower by 31 paise at Rs 53.02/03 against the US currency on fresh month-end dollar demand from importers amidst weakness in local equity market.
The rupee resumed lower at Rs
Rupee rises by 21 paise against dollar in early trade
The Indian rupee rose by 21 paise to Rs 52.75 per US dollar in early trade on Monday on fresh selling of the American currency by banks and exporters amid hopes of a resumption of foreign capital i
Rupee loses 32 paise against dollar in early trade
The rupee fell by 32 paise to trade at Rs 52.82 per dollar on Thursday as the US currency firmed against euro and other rivals overseas.
A weak opening in the domestic equity markets also impacte
Rupee gains 22 paise against US dollar in early trade
The Indian rupee rose by 22 paise at Rs 52.65 per US dollar in early trade on Wednesday on fresh selling of dollars by banks and exporters due to weakness of the American currency overseas amid a f
Rupee drops in thin volume, hits 53/dollar
The rupee fell on Tuesday in light volume, weighed down by slowing domestic growth and worries the euro zone's debt crisis could spill over into the global economy and put more pressure on riskier cur
Rupee declines by 36 paise against US dollar in early trade
The Indian rupee fell by 36 paise to Rs 53.06 per US dollar in early trade on Monday, weighed down by gains posted by the American currency against other peers overseas amid a lower opening in the
RBI frees interest rates on non-resident deposits
The Reserve Bank of India (RBI) on Friday deregulated interest rates on non-resident external rupee deposits and ordinary non-resident accounts to provide greater flexibility to banks in mobilising su
