Apr 18, 2015 at 13:00 | Source: PTI
By and large, the strength of the Indian economy is reflected in the fact that the rupee has remained relatively most within the stable range.
Apr 17, 2015 at 20:53 | Source: Reuters
The metal held above the $1,200 an ounce level, however, which it broke above earlier this week after a run of downbeat U.S. data led analysts to reassess expectations the Fed would raise rates in June.
Apr 17, 2015 at 15:28 | Source: Reuters
The latest data showed US housing starts rose less than expected in March and factory activity in the mid-Atlantic region grew modestly this month. That suggests the economy may struggle to rebound from a weak first quarter.
Apr 17, 2015 at 08:20 | Source: Reuters
Investors are closely watching US economic data to gauge when the Fed will begin to raise interest rates. Strong data could prompt the US central bank to soon hike rates, a move that could dent demand for bullion.
Apr 17, 2015 at 08:14 | Source: PTI
Apr 16, 2015 at 22:00 | Source: CNBC
Although the first quarter of the year was "poor," an economic rebound is already underway in the US, according to Federal Reserve Vice Chair Stanley Fischer.
Apr 16, 2015 at 11:00 | Source: Moneycontrol.com
The rupee edged higher by one paisa at 62.35 against the dollar in early trade today at the Interbank Foreign Exchange after the American currency weakened overseas amid a higher opening in the domestic equity market.
Apr 16, 2015 at 08:16 | Source: PTI
"India can be an important contributor to continued US economic growth. Our trade with India correlates nicely with India's own GDP growth rate," said Arun Kumar, Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service.
Apr 15, 2015 at 12:42 | Source: Moneycontrol.com
According to Swastika Investmart, Indian Rupee may trade on a neutral to negative note against the dollar taking cues from strength in the dollar index. However, less positive than expected economic data from US and positive domestic market sentiments may cap sharp gains in the dollar.
Apr 15, 2015 at 11:00 | Source: Moneycontrol.com
The rupee recovered by 13 paise at 62.38 against the US dollar in early trade on Wednesday at Interbank Foreign Exchange after the Greenback weakened overseas due to disappointing American retail sales data.