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Rupee breaches 63 16 December 2014
Indian Rupee is continuing its downfall against dollar and on Tuesday morning, it breached Rs 63 for the first time since November 13, 2013. The Rupee is under severe pressure as the emerging market currencies are running into steep losses...
Keywords: Indian Rupee, Police Rate, global economy, Indian Rupee
Read More Rupee slips past 60 16 June 2014
The Indian Rupee is trading weak and after a month, it breached 60 against Dollar. Disruption in supply due to crisis in Iraq has led to rise of crude oil prices and which is resulting in weaker Rupee. Iraq is...
Keywords: Dollar, Quick news, Dollar, Dollar
Read More Sensex jumps 400 points 07 March 2014
After the Elections Schedule announcement the Stock markets are rallying at super speed. On Friday the Bombay Stock Exchange [BSE] jumped 400 points and and hit a record high of 21,960.89. The Sensex ended at 21,920, up 406 points, while...
Keywords: DLF, Bombay Stock Exchange, Sensex, Business News
Read More Stock Markets collapse 06 January 2015
The Indian stock markets have collapsed heavily on Tuesday as the crude oil prices have dropped to lowest ever in the last five and half years. The Bombay Stock Exchange has so far lost over 700 points and trading below...
Keywords: National Stock Exchange, Indian stock markets, Indian stock markets, Nifty
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Celebs React on Withdrawal of Rs.500 and Rs.1000 Currency Notes 09 November 2016
A big surprise was given by Prime Minister Narendra Modi to India. PM declared to scrap all Rs. 500 and Rs. 1000 notes and replace it with new Rs. 500 and Rs. 2000 notes. This initiative came to get rid...
Keywords: Reserve Bank of India, Reserve Bank of India, Prime Minister Narendra Modi, Social Media Comment
Read More Rupee ends eight months high 26 March 2014
Indian Rupee which nearly depreciated by 14 percent last year, is slowing getting strong. This year so far Rupee gained nearly 3 percent and is still going strong. Today, Rupee hit eight months high at Rs 60.13 per USD and...
Keywords: Rupee ends eight months high, Rupee value against dollar, NSE, Rupee value against dollar
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Rs. 500 and Rs.1000 Notes Burnt in Bareilly in Uttar Pradesh 10 November 2016
A day after the government gave a shock by announcing the withdrawal of Rs.500 and 1000 notes a shocking incident has taken place. Bags filled with notes were burnt in Bareilly in Uttar Pradesh. "The burnt Rs. 500 and Rs. 1,000 notes were reportedly...
Keywords: Currency notes, Bareilly, burnt, Uttar Pradesh
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Indian rupee opens at 66.39 against US Dollar 28 April 2016
The Indian rupee today, against US dollar, opened higher by 5 paise at 66.39/$, as against the previous close of 66.44/$. Indicating that the policy process normalization will be a gradual one, on the global front, Fed decided to maintain...
Keywords: RBI reference rates, currency rates India US, RBI reference rates, RBI reference rates
Read More Stocks finish positive 19 December 2014
Finally a sign of relief. Stock markets have bid a positive good bye to this week. Bombay Stock Exchange finished at 27,371 gaining 245 points while Nifty closed at 8,225 points up by 65 points. Nifty rose 0.9 percent higher...
Keywords: Bombay Stock Exchange, Indian Rupee, Nifty, National Stock Exchange
Read More Rupee Record Fall and Impact on Stock Market 26 June 2013
Indian Rupee today has fallen to the record low. It is now Rs.60.20 to become equal with an US Dollar. It affected Indian Stock Market. BSE Sensex sustained a loss of 75 points and NSE Nifty 15 points. Incidentally...
Keywords: BSE, DGCX, Dubai and Gold Commodities Exchange (DGCX), Nifty
Read More Rupee at Nine month low 20 November 2014
Indian Rupee hit nine month low and breached 62 against dollar on Thursday morning early trade. This is the lowest since February this year and the conditions are looking really tough. This is a bad news for the importers who...
Keywords: Global currencies, Global currencies, Global currencies, Indian Rupee against Dollar
Read More Indian rupee declines record low! 11 June 2013
Economic Affairs Secretary Arvind Mayaram expressed an opinion on Tuesday that the Indian government will not take any approach to check the rupee's slide at the same time it anticipate the occurrence of the currency to steadfast in a short...
Keywords: us dollars, indian rupee declines record low, indian rupee faces record fall, indian rupee
Read More Stock Markets end positive 09 June 2014
The Stock Markets started the week on positive note, both Bombay Stock Exchange and Nifty touched new highest today. BSE gained 183 points while Nifty crossed 7,600 and ended above it. The Markets were completely dependent on the President of...
Keywords: Stock Markets, Stock Markets, India Business News, Bombay Stock Exchange
Read More Rupee hits 11-months high 19 May 2014
Election results are still influencing the stock markets. Indian Rupee today morning hit 11-months high and is trading strong. Currently Rupee is trading at 58.45 against dollar while RBI is buying dollar to halt Rupee gains. Election results are still...
Keywords: Election results influencing stock markets, Indian Rupee, Rupee hits high, Election results influencing stock markets
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PM Modi Announces the Withdrawal of Rs. 500 & 1000 Notes to Curb Black Money 09 November 2016
In an unusual step to stop the infliction of black money in the country, Prime Minister Narendra Modi on Tuesday said: "Rs 500 and Rs 1000 notes will no longer be legal from midnight today."In his first televised address to...
Keywords: Indian Rupee, Prime Minister Narendra Modi, Currency notes, Currency notes
Read More Rupee Comes Down to Finance Minister's Age 28 August 2013
Indian Rupee made a record fall nowadays every day. The Exchange rate now has come down to such a low level that we have shell down Rupees 68.70 to get 1 American Dollar and the number is equal to the...
Keywords: SENSEX and NIFTY Down by 400 points, Food Security Bill, SENSEX and NIFTY Down by 400 points, SENSEX and NIFTY Down by 400 points
Read More Sensex opens strong, crosses 25K 26 May 2014
The Bombay Stock Exchange made a good opening to the week and crossed 25,000 points for the second time. On the day of Election results, the Stock market for the first time touched 25K but later fell and as today...
Keywords: Stock market, Modi's swearing ceremony, Election results on Sensex, Sensex
Read More Rupee dives into deeper trouble 08 July 2013
In what can be dubbed as another "downfall" for the rupee, it's value plummeted by a massive 97 paise, breaching the 61-mark to hit 61.19, as heavy demand for the American dollar continued to surge up overseas. The rising demand...
Keywords: rupee, rupee, dollar, Indian rupee
Read More Rupee elevates 26 paise against the dollar in early trade... 19 March 2013
On Tuesday, the rupee gained 26 paise to 53.91 against the dollar in early trade at the Interbank Foreign Exchange on fresh selling of the US currency by exporters ahead of the Reserve Bank policy review. According to the Forex...
Keywords: Indian rupee, Reserve Bank policy, Forex dealers., Indian rupee
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Hyderabad Petrol Bunks Refuse to give Rs. 500 Change 09 November 2016
After government abolished Rs 500 and Rs 1,000 notes, the sorrows of the public started right from the morning itself.Petrol bunks are supposed to accept the currency of the two denominations but instead they won't return the change. What indicates...
Keywords: New notes, Indian Rupee, Prime Minister Narendra Modi, Prime Minister Narendra Modi
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