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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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What happens to India as US Fed keeps rates unchanged?

What happens to India as US Fed keeps rates unchanged?

Wed, Sep 21, 2016

The US Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labour market improved further.

Financials stocks drag on market after Deutsche Bank fine

Financials stocks drag on market after Deutsche Bank fine

Sat, Sep 17, 2016

The possibility of a $14 billion (nearly Rs 93,138.5 crore) fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading major global stock indexes lower.

World stocks hit one-year highs as US Fed rate hike prospects fade

World stocks hit one-year highs as US Fed rate hike prospects fade

Wed, Sep 07, 2016

World stocks hit their highest in more than a year and the dollar fell against the yen on Wednesday as expectations of a rise in US Federal Reserve interest rates receded after weak US economic data. Wall Street looked set to open flat to slightly lower, according to index futures.

Indian Rupee reaches four-month peak

Indian Rupee reaches four-month peak

Tue, Sep 06, 2016

Indian Rupee (INR) has touched four-month high, trading at Rs 66.53 to a dollar, up 0.44%.

Wall Street advances as US payrolls report falls short

Wall Street advances as US payrolls report falls short

Sat, Sep 03, 2016

US stocks advanced on Friday as a weaker-than-expected payrolls report tamped down expectations for a September rate hike from the US Federal Reserve, although hawkish comments from another Fed official kept expectations for one this year intact.

Slower US Aug payrolls growth dims September US Fed rate hike prospects

Slower US Aug payrolls growth dims September US Fed rate hike prospects

Sat, Sep 03, 2016

US employment growth slowed more than expected in August after two straight months of robust gains and wages were tepid, which could effectively rule out an interest rate increase from the US Federal Reserve this month.

Crude oil falls towards $49 per barrel on high output, strong dollar

Crude oil falls towards $49 per barrel on high output, strong dollar

Mon, Aug 29, 2016

Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East organisation of OPEC members and as a stronger US dollar weighed on commodities.

Gold steady as dollar slips ahead of Janet Yellen's speech

Gold steady as dollar slips ahead of Janet Yellen's speech

Fri, Aug 26, 2016

Gold held steady early on Friday after hitting four-week lows in the previous session when the dollar slipped ahead of a speech by US Federal Reserve Chair Janet Yellen that will be closely watched for clues on US interest rate policy. Fundamentals

Gold edges higher as dollar dips, US Fed in focus

Gold edges higher as dollar dips, US Fed in focus

Thu, Aug 25, 2016

Gold rose slightly on Thursday after hitting a four-week low in the previous session, with the US dollar losing strength ahead of a speech by US Federal Reserve Chair Janet Yellen that will be closely watched for clues on US interest rate policy. Fundamentals

Asia slips on weaker Wall Street, dollar marks time before Yellen

Asia slips on weaker Wall Street, dollar marks time before Yellen

Thu, Aug 25, 2016

Asian stocks slipped on Thursday, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by US Federal Reserve Chair Janet Yellen at the global central bankers' meeting.

Dollar edges up, as investors wait on US Fed, Jackson Hole

Dollar edges up, as investors wait on US Fed, Jackson Hole

Wed, Aug 24, 2016

The US dollar edged up on Wednesday, moving off lows touched against the yen overnight, as markets looked to a gathering of global central bankers in Jackson Hole, Wyoming for clues on whether the Federal Reserve is poised to hike interest rates again.

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Tue, Aug 23, 2016

Besides, the dollar's weakness against some currencies overseas supported the rupee but early losses in the domestic equity market restricted gains, dealers said.

Oil prices fall over 1% as analysts say market still oversupplied

Oil prices fall over 1% as analysts say market still oversupplied

Tue, Aug 23, 2016

Oil prices fell over 1% on Tuesday, with Goldman Sachs warning that August's price rally had been overdone and that a proposed oil production freeze at current near-record levels would not help rein in an oversupplied market.

Asian shares retreat as oil slips; Yuan pushes peers higher

Asian shares retreat as oil slips; Yuan pushes peers higher

Thu, Aug 11, 2016

Broad risk sentiment remains on the back foot as oil prices tumbled on news of a surprising jump in U.S. government stockpiles.

US crude oil settles below $40 per barrel for first time since April

US crude oil settles below $40 per barrel for first time since April

Wed, Aug 03, 2016

Oil prices edged up early on Wednesday, supported by a weaker dollar, but US crude futures remained below $40 per barrel and Brent was below $42 as ongoing fuel oversupply and stuttering economic growth weighed on markets.

Foreign tourists earned India Rs 10,000 crore in June

Foreign tourists earned India Rs 10,000 crore in June

Mon, Jul 18, 2016

Foreign tourist arrivals (FTAs) in India has grown over 7% in June this year.

Brexit may have impact on future earnings of TCS

Brexit may have impact on future earnings of TCS

Sat, Jul 16, 2016

After TCS posted nearly 10% rise in consolidated net profit in Q1 of FY17, brokerages have said that it is a decent start for the current fiscal, but have cautioned on likely Brexit impact on the company's future earnings.

Rupee firms up 14 paise against dollar in early morning trade

Rupee firms up 14 paise against dollar in early morning trade

Thu, Jun 30, 2016

Forex dealers said weakness in the US dollar against some other currencies overseas provided added momentum to the rupee.

Global equities extend losses, sterling near 30-year lows in Brexit aftermath

Global equities extend losses, sterling near 30-year lows in Brexit aftermath

Tue, Jun 28, 2016

Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain's shock vote to exit the European Union (EU) continued to roil financial markets.

Brexit impact: Rupee likely to range from Rs 67 to 68 against dollar in near term

Brexit impact: Rupee likely to range from Rs 67 to 68 against dollar in near term

Sat, Jun 25, 2016

The Indian rupee is predicted to range between 67.20 to 68.20 in the very near-term.

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