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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

Wholesale onion prices down by Rs 5/kg; retail rates still high


New Delhi: Wholesale onion prices on Saturday fell further by about Rs 5 per kg in the national capital on increased arrival of the commodity from Karnataka, but retail rates continue to rule high at

Rupee falls 46 paise to 62.23 vs USD after RBI raises key rate


Mumbai: The rupee fell 46 paise to close at 62.23 against the dollar on Friday, in line with a sharp decline in local stocks, after a surprise hike in a key lending rate by the RBI.
Governor Raghuram

Sensex tumbles 383 points after RBI hikes interest rate


Mumbai: The benchmark BSE S&P Sensex on Friday slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation.
The Sensex fell a

Sensex advances 158 pts before US Fed decision


Mumbai: Fuelled by late buying, the BSE benchmark Sensex on Wednesday gained for the third straight day to end 158 points higher on the back of banking, FMCG, oil&gas and healthcare shares ahead

Govt will take hard decisions to curb inessential imports: FM


New Delhi: Union Finance Minister P Chidambaram on Saturday said 'hard decisions' would be taken in the next few days and weeks to trim wasteful expenditure and curb import of 'inessential' items.

Rupee trims initial losses Vs dollar; still down 19 paise


Mumbai: The Indian rupee trimmed initial losses against the US dollar but was still quoted lower by 19 paise to 67.82 in early trade on dollar demand from banks and importers.
Sensex up 161 pts in ea

Sensex up 161 pts in early trade; IT stocks lead recovery


Mumbai: The BSE benchmark Sensex on Wednesday recovered over 161 points in early trade after yesterday's steep fall, on the back of rally in IT, healthcare and metal sector stocks due to fresh buying

PM for orderly exit from unconventional monetary policies

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New Delhi: Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an ‘orderly exit’ from unconventional monetary policies being

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..

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