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November 22, 2011 12:30 PM
The Finance Ministry today said that the Reserve Bank and the government is monitoring the situation about rupee depreciation. Finance Secretary R S Gujral said that the movement of Rupee is determined by market forces and whenever there is excessive volatility the RBI will intervene as the situatio...
November 22, 2011 12:27 PM
The Indian rupee dropped by 58 paise to a lifetime low of 52 rupees 73 paise against the US dollar in early trade today on persistent demand for the American currency from banks and importers, amid sustained foreign capital outflows from the equity market. In the previous session yesterday, the dome...
November 22, 2011 12:01 PM
Civil Aviation Minister Vyalar Ravi today said that there is no question of giving bailout packages to private sector airlines. He was responding to questions on giving a possible package to the troubled Kingfisher airlines. Talking to reporters outside Parliament, Mr. Vyalar Ravi said that since th...
November 22, 2011 12:00 PM
The BSE benchmark Sensex, which snapped its eight-session long losing streak, by gaining 151 points in opening trade today, stood 114 points up at 16,060 in late morning deals. After losing nearly 1,625 points in the past eight sessions, the 30-share BSE index rebounded by 151 points, or 0.94 per ce...
November 22, 2011 11:37 AM
Civil Aviation Minister Vyalar Ravi today said that there is no question of giving bailout packages to private sector airlines. He was responding to questions on giving a possible package to the troubled Kingfisher airlines. Talking to reporters outside Parliament, Mr. Vyalar Ravi said that since th...
November 22, 2011 10:01 AM
The Rupee depreciated by 35 paise to a lifetime low of Rs 52.50 per US dollar in early trade on the Interbank Foreign Exchange today on sustained demand for the American currency from banks and importers.The domestic currency had tumbled by 81 paise to close at a nearly 33-month low of Rs 52.16 per ...
November 22, 2011 10:00 AM
The Rupee depreciated by 35 paise to a lifetime low of Rs 52.50 per US dollar in early trade on the Interbank Foreign Exchange today on sustained demand for the American currency from banks and importers.The domestic currency had tumbled by 81 paise to close at a nearly 33-month low of Rs 52.16 per ...
November 22, 2011 9:59 AM
The BSE benchmark Sensex reboundedby 151 points in opening trade today, snapping its eight-session long losing streak.The 30-share BSE index, which lost nearly 1,625 points in the past eight sessions, recovered by 151 points, or 0.94 per cent, to 16,097 in opening trade, with realty, metals, capital...
November 21, 2011 9:41 PM
At the inter-bank foreign exchange market, the rupee sank 81 paise, to a over 32-month closing low of 52.15 against the dollar.The rupee fell on sustained dollar demand, and as domestic equities tumbled. The rupee has lost over 4 percent against the dollar in the last six trading sessions.The Financ...
November 21, 2011 8:57 PM
The West Bengal handicrafts fair begins tomorrow at the Milan Mela Prangan in Kolkata. The fair will continue till the 12th of next month.The Principal Secretary of Medium and Small scale Industries Mr. Anup Kumar Chanda said that, a variety of handicraft items will be displayed in the fair. There w...
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