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With rupee firming to 60.9 against the US dollar , Economic Affairs Secretary Arvind Mayaram today said it has reached its real value. "The rupee is now at its real value," he told reporters...Extending its rising streak for the fourth straight day,
The rupee trimmed its initial gains but was still quoted higher by 32 paise to 61.09 per US dollar in early trade today on persistent selling of the American currency by banks and exporters on hopes of more foreign capital inflows amidst a strong
More than half the compensation cheques sent to investors in the Kolkata Municipal Corporation area have come back, as the local administration claims these beneficiaries do not exist. According to sources, about 3,800 cheques were sent to applicants
This doesn't technically count as reserves but it's sitting there with RBI...RBI is also implicitly relying on foreign institutional investors remaining positive on India and, thus, bringing in forex via the portfolio route. Despite all this,
Nifty hits fresh record high after 5 years, 11 months 09:27 AM The partially convertible rupee was trading at 61.04/05 per dollar at 0913 am, after hitting as high as 60.84 to the dollar at the open.
Parker Pioneer Sewer opponents unconvinced At a Parker Town Council meeting began and ended with protests against the Joint Venture sewer project. Resident Howard Tuerck's complaint was assessment on privately owned residential lots was unfair, the
The Hindu A bust of 'Mahakavi' Subramania Bharathi inside Sethupathi Higher Secondary School in Madurai...James Reason for refusal was that there was no special occasion or milestone for issuing coins The 131st birth anniversary of Mahakavi'
International Finance Corporation , the World Bank's investment arm, is planning a second tranche of rupee-denominated bond programme following the encouraging response it got for its first-ever overseas rupee-bond sale. "The benchmark issue size
The value represents a 17% increase on the cheque handed to Spain for winning the 2010 tournament in South Africa...Each of the tournament's 32 teams will receive 1.5 million dollars before the tournament begins to help cover their preparation costs.
Friday, the local unit was trading at 90.48 US cents, up from 90.34 cents on Thursday. The currency shot up in the early hours of Friday morning, to an offshore session high of 90.76 US cents, after ECB president Mario Draghi said the eurozone