Rupee weakens by 13 paise at 59.70 against dollar in early trade

Continuing its slide, the rupee weakened further by 13 paise to trade at 59.70 rupees against the US dollar in early trade today on sustained capital outflows and strong demand of the American currency from importers. However, the euro's gain against the US dollar overseas, capped rupee&amp...

Rupee drops 87 paise to all time low of 59.57 against dollar

Rupee trimmed its early losses but was still quoted lower by 83 paise, at 59 rupees, 53 paise per dollar after hitting a record 60-level on strong demand for the American currency from banks and importers amidst sharp fall in equity market. Persistent capital outflows from foreign funds also affecte...

Sensex tumbles 526 points as global markets tank

Declining in line with falling global markets, the Sensex at the Bombay Stock Exchange tumbled 526 points, or 2.7 percent, to close below the 19,000-level, at 18,719, today, on heavy selling by investors. The Nifty at the National Stock Exchange plummeted 166 points, or 2.9 percent, to 5,656.

Eurozone Fin Mins agree on ESM operational guidelines

Eurozone finance ministers agreedhow the single currency's rescue fund, the European Stability Mechanism, ESM will be able to inject funds directly into failing banks so as to minimise the risk posed to the financial system. Irish Finance Minister Michael Noonan said in Luxembourg yesterday...

SEBI issues guide for investment advisers to operate in stock markets

Market regulator SEBI has notified guidelines for investment advisers and their 'associated persons' making it compulsory for them to get requisite certifications to operate in stock markets.In a notification, Securities and Exchange Board of India (Sebi) has said that the investme...

Rupee drops 87 paise,to all time low of 59.57 against dollar

Rupee trimmed its early losses but was still quoted lower by 83 paise, at 59 rupees, 53 paise per dollar after hitting a record 60-level on strong demand for the American currency from banks and importers amidst sharp fall in equity market. Persistent capital outflows from foreign funds also affecte...

Posting biggest single day fall in nearly two years, Sensex tumbles 526 points as global markets tank

Declining in line with falling global markets, the Sensex at the Bombay Stock Exchange tumbled 526 points, or 2.7 percent, to close below the 19,000-level, at 18,719, today, on heavy selling by investors. The Nifty at the National Stock Exchange plummeted 166 points, or 2.9 percent, to 5,656.

Rupee tumbles 83 paise, to 59.53 vs dollar; Govt says, ready to take steps to check volatility

Rupee trimmed its early losses but was still quoted lower by 83 paise, at 59 rupees, 53 paise per dollar after hitting a record 60-level on strong demand for the American currency from banks and importers amidst sharp fall in equity market. Persistent capital outflows from foreign funds also affecte...

Ambassador of Luxembourg to India: Country can be used as passport to Europe by Indian investors

Gold tumbles 400 rupees

Gold tumbled 400 rupees, to 28,000 rupees per ten grams at Delhi's bullion market, today, on heavy selling by stockists, triggered by a weak trend overseas. Silver plunged 1,500 rupees, to 43,100 rupees per kilo, on poor offtake. Silver coins nosedived 2,000 rupees, to 78,000 rupees for buy...