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December 15, 2011 8:08 PM
The Reserve Bank today swung into action to check slide in rupee value against dollar and speculations. It has imposed restrictions with immediate effect on forward trading in the local currency by Foreign Institutional Investors and traders and capped banks exposure to the forex market.The Reserve ...
December 15, 2011 7:19 PM
The rupee slipped to sub-54 level for the first time in its history in early trade today against dollar, but staged a smart recovery to settle seven paise higher at 53.64 after a highly volatile trade. The recovery could be due to Reserve Bank's intervention.The local currency swung wildly ...
December 15, 2011 5:26 PM
Gold has recorded biggest fall in 2 months. The precious metal was down by 800 rupees to touch 28,140 rupees per 10 grams, on frantic selling by stockists in New Delhi on weak global trend and sluggish domestic demand.Gold had plunged by 835 rupees on October 5.Traders said selling pressure gathered...
December 15, 2011 5:25 PM
The Sensex at the Bombay Stock Exchange lost 45 points, or 0.3 percent, to 15,836, on Thursday, ahead of the Reserve Bank's monetary policy review, and amid weak Asian markets. The Nifty at the National Stock Exchange lost 17 points, or 0.4 percent, to 4,746.Stock markets in Japan, China, H...
December 15, 2011 4:56 PM
Gold has recorded biggest fall in 2 months. The precious metal was down by 800 rupees to touch 28,140 rupees per 10 grams, on frantic selling by stockists in New Delhi on weak global trend and sluggish domestic demand.Gold had plunged by 835 rupees on October 5.Traders said selling pressure gathered...
December 15, 2011 1:58 PM
The Indian rupee depreciated by 61 paise to a record low of 54 rupees 32 paise against the US dollar in early trade today. The Indian rupee breached the 54 dollar-mark for the first time in history on sustained demand for the American currency from banks and importers amid a stronger dollar in overs...
December 15, 2011 1:58 PM
The Sensex at the Bombay Stock Exchange fell 159 points, or 1 per cent, to 15,723 in opening trade, this morning, on concerns over slowing domestic growth, a falling rupee, and amid weak Asian bourses. At one stage, in mid-morning trade, the Sensex had lost as much as 285 points. But later, data sho...
December 15, 2011 1:39 PM
Food inflation fell to a nearly four-year low of 4.35 per cent during the week ended December 3. This is the lowest rate of food inflation since the week ended February 23, 2008, when it stood at 4.28 per cent. Food inflation, as measured by the Wholesale Price Index, stood at 6.6 per cent in the pr...
December 15, 2011 12:03 PM
The BSE benchmark Sensex tumbled by 223 points to a nearly three-week intra-day low of 15,658 in early trade today. The 30-share Sensex resumed lower at 15,739 and hovered in a range between 15,795 and 15,655 before quoting at 15,658 at 1015 hours.The sensex was trading 175 points down at 15,705 a s...
December 15, 2011 10:36 AM
As the Rupee slides to new low against the dollar, NRIs are making a beeline to send the remittances back home. The leading bankers in Dubai say the expatriate Indians are opting for personal loans, cash advances through credit cards and salary advances to remit money back home.Some have even resort...
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Last Updated: 15th May 2026
