Indian Rupee Falls to Nine-Month Low
Nov 20, 2014 at 16:02 | Source:
Wall Street Journal
An employee counts Indian rupee bank notes at a gas station. The rupee fell to a nine-month low against the dollar Thursday. Bloomberg News. By. Anjani Trivedi. Nov. 20, 2014 4:26 a.m. ET. 0 COMMENTS. Turmoil in global currency markets hit India&...
Rupee snaps 4-day fall, ends at 61.36 vs US dollar on strong stocks
Oct 31, 2014 at 20:02 | Source:
Mumbai: Robust capital inflows and good show by local equities helped the Indian rupee today snap a four-day losing trend and end nine paise higher at 61.36 against the Greenback. Fresh dollar selling by exporters and some banks also aided the rupee&...
The Indian sanitary pad revolutionary
Oct 28, 2014 at 11:57 | Source:
A school dropout from a poor family in southern India has revolutionised menstrual health for rural women in developing countries by inventing a simple machine they can use to make cheap sanitary pads. Arunachalam Muruganantham's invention came ...
US firm told pay $40,000 for underpaying Indian workers in Los Angeles
Oct 24, 2014 at 15:30 | Source:
Los Angeles: A Silicon Valley IT company in the US has been ordered to pay $40,000 in back wages to eight Indian workers who worked up to 122 hours a week and received as little as $1.21 an hour.The Electronics for Imaging Inc (EFI) also paid a fine ...
Bullish Bets on Rupee Rise To Five-Month High: Poll
Oct 23, 2014 at 16:00 | Source:
Sentiment towards emerging Asian currencies improved in the past two weeks with long positions in the Indian rupee near a five-month high, a Reuters poll showed, amid views that the US Federal Reserve will hold off on interest rate hikes for a longer...
Rupee Hits 7-Month Low against Dollar: Should You Worry?
Oct 01, 2014 at 14:00 | Source:
The Indian rupee fell 2.1 per cent in September 2014 in its worst monthly decline since an 8.8 per cent plunge in August 2013. Though the rupee is still up 11.5 per cent since its record low of 68.85 per dollar in August 2013, recent weakness has led...
Rupee tanks 48 paise to 1-month low of 61.13 vs dollar
Sep 16, 2014 at 19:21 | Source:
Money Rediff News Report
The Indian rupee today plunged 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback following fresh dollar demand from importers and negative cues from local equities. A strong surg...
Maruti to Start Paying Royalty to Parent Company in Indian Rupee
Sep 04, 2014 at 14:00 | Source:
New Delhi: Car market leader Maruti Suzuki India will now pay royalty to parent Suzuki Motor Corp in Indian rupees instead of Japanese yen. Addressing shareholders at its annual general meeting, Maruti Suzuki India (MSI) Chairman R C Bhargava said th...
RBI eases rules for ECB lenders to extend loans in rupees
Sep 03, 2014 at 21:22 | Source:
MUMBAI: Relaxing norms for external borrowings, the RBI today allowed ECB lenders can now extend loans in Indian Rupees to domestic businesses. "With a view to providing greater flexibility for structuring of external commercial borrowings (ECB) arr...
PM Modi gets 100-day gift: Nifty hits historic high of 8,000
Sep 01, 2014 at 10:31 | Source:
Indian equity markets continued to gallop ahead with the Nifty hitting 8,000 mark on hopes of acche din after April-June GDP data showed a break from the sub-5 percent growth to hit a nine-quarter high. The Sensex hit also seemed to be inching closer...
Karbonn Mobiles expects to go public by 2016
Aug 25, 2014 at 22:45 | Source:
Karbonn Mobiles, India's third-largest smartphone maker, expects to go public by 2016 as it bets on sales of Android devices made in partnership with Google Inc. "Frankly I've been delaying it for the last couple of years because I wanted to know my ...
Rupee Skids to 61.74/Dollar amid Global Weakness
Aug 08, 2014 at 12:00 | Source:
The Indian rupee fell as much as 0.8 per cent on Friday tracking a rising dollar, which gained on the back of geopolitical tensions. The US dollar and gold are considered safe haven assets. The rupee fell to 61.74 per dollar, a level last seen in Mar...
Rupee Skids to 61.68/Dollar amid Global Weakness
Aug 08, 2014 at 10:00 | Source:
The Indian rupee fell as much as 0.7 per cent in early trade on Friday tracking a rising dollar, which gained on the back of geopolicial tensions. The US dollar and gold are considered safe haven assets. The rupee fell to 61.68 per dollar, a level la...
Rupee Heading to 64.45/Dollar: CLSA
Aug 07, 2014 at 14:00 | Source:
The Indian rupee slipped to 61.55 per dollar on Thursday, its lowest in over five months. On Wednesday, the partially convertible rupee fell 1.07 per cent, its biggest single-day fall in six-and-half months. The selloff came on the back of heavy doll...
Rupee Slumps to 5-Month Low of 61.49/Dollar
Aug 06, 2014 at 18:00 | Source:
The Indian rupee fell to a five-month low of 61.49 against the dollar after it slumped 65 paise. Weakness in domestic stock market and the dollar's broad gain against other currencies contributed towards rupee's fall. The partially co...
Sensex, Nifty Fall Amid Global Selloff, Rupee Slump
Aug 06, 2014 at 14:00 | Source:
The BSE Sensex, Nifty were down 0.35 per cent, tracking a selloff in global equities and a slump in the rupee. The Indian rupee fell to a four-and-half month low against the dollar on Wednesday. The partially convertible currency fell to 61.41 per ...
Sensex, Nifty Struggle Amid Rupee Weakness
Aug 06, 2014 at 12:00 | Source:
The BSE Sensex, Nifty were down 0.2 per cent, tracking weaker Asian equities and a slump in the rupee. The Indian rupee fell to a four-and-half month low against the dollar on Wednesday. The partially convertible currency traded at 61.41 per dollar,&...
Rupee Slumps to 4-1/2-Month Low of 61.29/Dollar
Aug 06, 2014 at 11:49 | Source:
The Indian rupee fell to a four-and-half month low against the dollar on Wednesday. The partially convertible currency traded at 61.29 per dollar, its lowest since March 21. The reverses in the rupee came on the back of a rising dollar, which hit its...
ASI, its Nepalese counterpart to restore Pashupatinath temple
Aug 05, 2014 at 16:39 | Source:
New Delhi: Archaeological Survey of India (ASI) along with its Nepalese counterpart and Pashupati Area Development Committee will work jointly to restore the ancient Pashupatinath temple, a project that is expected to cost Rs 25 crore.Authorities in ...