Falling rupee a major cause of concern for the govt: Pranab The Siasat Daily May 20: | Finance minister Pranab Mukherjee today said the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation. | "It is a matter of great concern. We are watching the situation. The Centre is not (sitting) idle. We are trying to resolve Mukherjee...
Falling rupee a concern; Centre not sitting idle: FM The Times Of India Tweet KOLKATA: Finance Minister Pranab Mukherjee today said the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation. | "It is a matter of great concern. We are watching the situation. The Centre is not (sitting) idle. We are trying to resolve (the...
Rupee down 5 paise against dollar in early trade The Hindu The rupee today fell marginally by 5 paise to 54.47 against the U.S. dollar in early trade on the Interbank Foreign Exchange, due to increased demand for the American currency from importers. | Forex dealers said firm demand from importers for the do...
Commodity prices may turn volatile if RBI supports rupee DNA India | The markets witnessed higher turnover last week as traders displayed increased risk appetite, especially in hard assets. The week-on-week market-wide turnover on the MCX rose 16% while the market-wide open interest fell 7%. | The MCX turnover gaine...
How will the rupee's fall affect you? The Times Of India Tweet The Indian rupee seems to be fighting a prolonged battle. Given the high trade deficit, drying up of capital flow, and fears over the stability of Eurozone, the rupee is getting weaker by the day. On 17 May, it hit an all-time low and plunged b...
Right now, Rupee too flighty to foretell DNA India | The rupee has been yo-yoing so much, prognosticators prefer running for cover than hazard anything other than a seven-day guess on its crash path. | In India's rather shallow foreign exchange market, that must surely be a first, and is symptomatic ...
WN / Ahmed Deeb
Gold drops as Greece batters global markets Independent online Gold fell for a fourth straight day to its lowest since late December on Wednesday, sucked into a broad-based sell-off that dented global markets on the back of alarm over politica...
Rupee strengthens on RBI's suspected intervention The Times Of India TweetMUMBAI: The Reserve Bank of India sold dollars via state-run banks in early trade Tuesday, sharply strengthening the rupee as it approached life-time lows, four traders said. ...
Gold hits 5-week low, attracts physical buying The Times Of India Tweet | MUMBAI: Gold futures extended losses on Monday afternoon to their lowest level in five weeks, attracting some deals from physical players, though a weaker rupee weighed on ...
Rupee fall, spurt in airfares make Indians opt for cheaper and closer travel destinations The Times Of India Tweet NEW DELHI: Manish Chandra, a retail store designer based in Delhi, may cancel his ritual of a foreign trip every summer with his family this year because of a free fall in rupee in recent months. He hasn't planned a trip yet this year, but he s...
‘Five rupees is all it takes to change the world’ Deccan Chronicle | Muniyamma was 90 years old, with a broken leg and a broken arm, living on the streets in Bhattarahalli, near Garden City College. Abandoned by her family, Muniyamma lived on the pavement outside the home that was once hers. Unable to move much, her...
UK's Cameron calls for euro contingency plans Independent online British Prime Minister David Cameron urged countries on Saturday to put in place strong contingency plans to deal with fallout from the euro zone debt crisis as fears grow that Greece could be forced out of the European single currency. | Cameron, speaking at a summit of the Group of Eight major economies, also appeared to hint that the European Ce...
Facebook stock closes nearly flat in debut STL Today | It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday. | One of the most anticipated IPOs in Wall Street history ended on a flat note, with Facebook's stock closing at $38.23, up 23 cents from Thursday night's pricing. | That meant ...
