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Breaking News Mon, 6 Feb 2012
Bank of India - national bank in India
(photo: WN / Aruna Mirasdar)
Bank of India sees subdued growth in corporate loans
The Times Of India
MUMBAI: State-run lender Bank of India expects a subdued growth for its corporate loan book in the coming quarters and will be cautious about lending to risky sectors, senior officials said, as increased provisions due to debt restructuring and credit losses hurt the bank in October-December. | Corp...
ICICI bank ATM center, Pune, India
(photo: WN / Geeta)
Sensex in narrow range; RIL, L&T slip
Zeenews
Mumbai: The BSE Sensex traded in a narrow range early on Monday, as Reliance Industries' first quarterly profit drop in two years soured sentiment and capped gains in the main index, amid weak trading ahead of derivatives expiry later this week. | Reliance, which has the highest weightage in the mai...
Rupee rules firm for fifth straight week; gains 8.31%
The Times Of India
MUMBAI: The Indian rupee continued to rule firm for the fifth straight week as it appreciated by 62 paise to close at over three-month high of 48.69/70 against the US currency on the back of frenzied foreign funds inflow in firming local equity marke...
Schizophrenia pill Olanzapine, weak rupee drive Dr Reddy's Lab topline to Rs 2,770 crore
The Times Of India
HYDERABAD: Drugmaker Dr Reddy's Laboratories' revenues in the December quarter jumped to Rs 2,770 crore, buoyed by the launch of a star performing drug and a weak rupee with the highest-ever year-on-year growth of 46%. Shadowing the revenue growth, t...
Rupee six paise up against dollar
Newstrack India
| New Delhi, Feb 3 (ANI): The rupee today, rose by six paise to trade at a three-month high of 49.09 rupees against dollar on the Interbank Foreign Exchange market early in the day.   | At 4:34 p.m. (1104 GMT), the rupee was at 49.27/28 to the d...
Rupee ends fresh 3-month high of 48.69/70 Vs dollar
Zeenews
Mumbai: The rupee on Friday closed at over three- month high of 48.69/70, a gain of 46 paise, against the US currency amid sustained capital inflows and continued dollar selling by exporters and some banks. |       | Continuing it...
Indian Rupee Currency
WN / Rubielyn Bunag
Rupee gains 35 paise, rises to new 2-month high
Zeenews
Mumbai: Continuing its upward journey for the fifth straight day, the rupee jumped 35 paise to close at a fresh two-month high of 50.38/39, on the back of sustained capital inflows...
Reserve Bank of India
Creative Commons
Indian stocks have bottomed: Gopal Agrawal, Mirae Asset
The Times Of India
MUMBAI: Indian equities are unlikely to fall much further as they are already trading at a 15-20 per cent discount to 10-year average multiples, said Gopal Agrawal, chief investmen...
World's most undervalued currency
WN / Geeta
World's most undervalued currency
The Times Of India
World's most undervalued currency | Email this articlePrint this articleTweetThe author has posted comments on this articleSidhartha, TNN | Jan 17, 2012, 06.07AM IST | NEW DELHI: T...
Rupee at new 3-month high on inflows, shares
The Times Of India
Rupee at new 3-month high on inflows, shares | Email this articlePrint this articleTweetThe author has posted comments on this articleReuters | Feb 3, 2012, 03.23PM IST | MUMBAI: The Indian rupee climbed to a three-month high on Friday, propelled by ...
Rupee at new 3-month high of 48.73, expected to hold steady
The Times Of India
MUMBAI: The rupee climbed to a three-month high on Friday, propelled by dollar inflows and gains in the local share market. | At 3:02 p.m. (0932 GMT), the rupee was at /74 to the dollar, close to the day's high of 48.72, a level not seen since Oct. 3...
Rupee to hold steady in 2012, to fluctuate between 50.0 and 48.8
The Times Of India
BANGALORE: The rupee is expected to hold steady through much of this year, encumbered by an economy that will struggle to attract the portfolio flows it needs to fund to its balance of payments, a Reuters poll showed. | The currency will not revisit ...
Rupee up on inflows; US jobs data eyed
The Times Of India
MUMBAI: The Indian rupee rose on Friday, supported by dollar inflows, although choppy local shares and cautious sentiment across world financial markets ahead of key US jobs data capped major gains in the local currency. | At 10:52 a.m. (0522 GMT), t...
Central Banking
The head of the International Monetary Fund delegation in Greece, Poul Thomsen, leaves the finance ministry in Athens, on Friday, April 23, 2010.
(photo: AP / Dimitri Messinis)
Greek debt talks to stretch into weekend
Kansas City Star
Petros Giannakouris IMF chief debt inspector Poul Thomsen arrives at a government office building before meeting Greek Finance Minister Evangelos Venizelos in central Athens on Friday, Feb. 3, 2012. Unions and employers' associations rejected demands for private-sector wage cuts, despite pressure for the country to introduce strict austerity measur...
Quotes
Singapore Airlines - National carrier of Singapore
(photo: WN / Geeta)
World stock markets fall ahead of US jobs report
Springfield News-Sun
| BANGKOK — World stock markets were mostly lower Friday ahead of a U.S. jobs report that is a key gauge of how robust the world's No. 1 economy is. | Benchmark oil was nearly unchanged at $96 per barrel while the dollar fell against the euro but rose against the yen. | Major benchmarks slipped early in Europe. Britain's FTSE 100 shed 0.1 per...



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