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Forex reserves drop by $ 4.11 billion to $ 640.27 billion

Forex reserves drop by $ 4.11 billion to $ 640.27 billion

Fri, Jan 03, 2025

India's forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said on Friday.

Rupee slips 11 paise to 85.75 against the US dollar amid strong greenback and low trading volumes

Rupee slips 11 paise to 85.75 against the US dollar amid strong greenback and low trading volumes

Thu, Jan 02, 2025

Rupee dips 11 paise to 85.75 against the US dollar, pressured by strong greenback, foreign fund outflows, and low holiday-season trading volumes; GST revenue grows seven percent in December.

Rupee falls 5 paise to 85.53 against US dollar in early trade

Rupee falls 5 paise to 85.53 against US dollar in early trade

Mon, Dec 30, 2024

The rupee dropped 5 paise to 85.53 against the US dollar in early trade on Monday, as dollar demand from importers, foreign fund outflows and a muted trend in domestic equities dented investor sentiments.

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IT companies likely to report stable earnings in fourth quarter of FY17: Experts

IT companies likely to report stable earnings in fourth quarter of FY17: Experts

Tue, Apr 11, 2017

According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.

Strength in Dollar in comparison to major currencies

Strength in Dollar in comparison to major currencies

Mon, Apr 10, 2017

Strength in Dollar in comparison to major currencies. Watch this special segment and get to know more here.

Global IT spending likely to grow 1.4% to $3.5 trillion in 2017: Gartner

Global IT spending likely to grow 1.4% to $3.5 trillion in 2017: Gartner

Mon, Apr 10, 2017

Gartner on Monday said the global IT spending is projected to grow 1.4% to $3.5 trillion in 2017 on account of rise in US dollar.

Dollar extends gains after strong US data, Asia stocks subdued

Dollar extends gains after strong US data, Asia stocks subdued

Fri, Mar 31, 2017

Japan`s Nikkei jumped 0.5% after Japanese core consumer prices rose 0.2% in February.

Improvement in Dollar index from the lower levels of four months

Improvement in Dollar index from the lower levels of four months

Wed, Mar 29, 2017

Improvement in Dollar index from the lower levels of four months. Watch this special segment and get to know more here.

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Mon, Mar 27, 2017

The rupee hit a nearly 1-1/2 year high against the dollar on Monday, tracking gains in Asian currencies after U.S. President Donald Trump`s failure to pass a healthcare reform bill raised concerns about the chances of a U.S. fiscal stimulus.

Rupee recovers 5 paise against US dollar in early trade

Rupee recovers 5 paise against US dollar in early trade

Fri, Mar 24, 2017

Indian rupee has recovered by five paise against the US dollar to 65.47 in the early trade on Friday on account of fresh selling of American currency by exporters and banks amide higher opening in the domestic equity market.

Rupee strengthens by 5 paise against dollar in early trade

Rupee strengthens by 5 paise against dollar in early trade

Thu, Mar 23, 2017

Indian rupee has strengthened by five paise to 65.39 per dollar in early trade on Thursday on some selling of the US currency by exporters and banks.

Sensex, Nifty trade positive; Axis Bank up 1.27%

Sensex, Nifty trade positive; Axis Bank up 1.27%

Thu, Mar 23, 2017

HDFC Securities said, "Markets are likely to open with a tinge of green this morning after a large sell off yesterday. We are expecting nifty to find buying support near 8980-9020 range. Mid caps and small caps are the ponds where we will find more fish. Stocks like Hindustan zinc who have announced large interim dividend will be in limelight."

Asian shares near 15-month high, dollar soft on less hawkish Fed

Asian shares near 15-month high, dollar soft on less hawkish Fed

Tue, Mar 21, 2017

Japan`s Nikkei dropped 0.8%, weighed by financial stocks, which were hurt by lower U.S. yields and exporter stocks, which fell on the yen`s gains against the dollar.

Exporters sit with bated breath as Rupee outshines peer currencies

Exporters sit with bated breath as Rupee outshines peer currencies

Fri, Mar 17, 2017

Vinod Nair, Head Of Research at Geojit Financial Services said, "Risk will emerge if we continue to outperform other EMs in the long-term, whereas this is an intermediary phenomenon led by strong FIIs inflow post the overwhelming state election result which will stabilise in the near-term."

Gold falls below key level of $1,200 ahead of US jobs data, stronger dollar

Gold falls below key level of $1,200 ahead of US jobs data, stronger dollar

Fri, Mar 10, 2017

Prices of gold dropped below the key level of $1,200 an ounce on Friday to hit their lowest in over five weeks on back of a stronger US dollar ahead of US jobs data later in the day.

Rupee gains four paise against dollar in early trade

Rupee gains four paise against dollar in early trade

Fri, Mar 10, 2017

Indian rupee has gained four paise against the US dollar to 66.67 in early trade on Friday at the Forex market.

US President Donald Trump calls Chinese ''grand champions'' of currency manipulation

US President Donald Trump calls Chinese ''grand champions'' of currency manipulation

Fri, Feb 24, 2017

US President Donald Trump declared China the "grand champions" of currency manipulation on Thursday.

Nifty closes over 8,900-mark; Bharti Airtel top loser on BSE

Nifty closes over 8,900-mark; Bharti Airtel top loser on BSE

Tue, Feb 21, 2017

Axis Bank was the top gainer on both BSE Sensex and NSE Nifty after media reports said HDFC Bank, ICICI Bank and IndusInd Bank have approached the Government of India to acquire the Mumbai-based bank.

Gold steady on weaker dollar, set for third week of gains

Gold steady on weaker dollar, set for third week of gains

Fri, Feb 17, 2017

Gold prices held firm on Friday as the dollar hovered near one-week lows, keeping the metal on track for a third week of gains amid political uncertainties in the United States and Europe.

BSE down for second straight day; Tata Motors down 8%

BSE down for second straight day; Tata Motors down 8%

Wed, Feb 15, 2017

Asian stocks rose in early morning, as Wall Street recorded highs overnight after Federal Reserve Chair Janet Yellen commented in favor of an interest rate hike next month, while the dollar hovered near three-week highs.

Asian stocks and dollar firmer as Yellen hints at March rate hike

Asian stocks and dollar firmer as Yellen hints at March rate hike

Wed, Feb 15, 2017

Yellen said on Tuesday that the Fed will probably need to raise interest rates at an upcoming meeting in March, and that delaying rate increases could leave the Fed`s policymaking committee behind the curve.

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

Tue, Feb 07, 2017

China's foreign exchange reserves have fallen to $2.998 trillion in January as compared to a drop of $41 billion in December.

Rupee to weaken to record low over the coming year: Reuters poll

Rupee to weaken to record low over the coming year: Reuters poll

Tue, Feb 07, 2017

According to latest Reuters poll, India rupee is expected to sink to a record low in the coming year on expectations for a rise in the US dollar.

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