Reserve Bank of India - Indian Currency News

Indian Currency News

(AFX UK Focus) 2010-03-10 13:02 Indian rupee hits 2-month high tracking Asian peers Wednesday, March 10, 2010 @ 7:28AMBy Jeanette Rodrigues
Infosys seeing increase in outsourcing deals Wednesday, March 10, 2010 @ 7:20AMInfosys' revenue distribution is 60% from N America and 25% from Europe.
Indian rupee hits 2-month high tracking Asian peers Wednesday, March 10, 2010 @ 6:46AM* Further appreciation of rupee seen on Thursday traders say
South Africa : ANC Top Brass And the Stubborn Legacy of Greed Wednesday, March 10, 2010 @ 6:31AMJohannesburg — DESPITE attempts to paper over the cracks, the African National Congress (ANC) is in crisis - and the crisis is primarily moral.
(AFX UK Focus) 2010-03-10 11:40 Indian shares edge up 0.3 pct; Reliance Inds gains Wednesday, March 10, 2010 @ 6:12AMBy Ami Shah
Global outsourcing deals rising again, says Infosy Wednesday, March 10, 2010 @ 5:58AM"What has changed in the last two quarters is that the markets have improved and deals are coming back. We see more deal-flows," Infosys' CEO and managing director, S Gopalakrishnan, told reporters on the sidelines of a CII meet in Mumbai on Wednesday.
India To Create Money-Laundering Database Wednesday, March 10, 2010 @ 5:42AMThe Indian government is setting up a centralized database to coordinate intelligence from central security agencies in its battle against money laundering and terrorist funding.
India's Thermax, US Babcock in JV pact for boilers Wednesday, March 10, 2010 @ 5:11AM(Adds details, quote, background, share price)
India's Thermax, US Babcock in JV pact Wednesday, March 10, 2010 @ 1:34AM* Thermax to hold 51 pct in JV with Babcock & Wilcox
Rupee falls 12 paise against dollar Wednesday, March 10, 2010 @ 12:00AMMUMBAI: The Indian rupee depreciated by 12 paise against the US dollar in early trade on Wednesday, following the American currency's gains overseas. At the Interbank Foreign Exchange (Forex) ma...
(AFX UK Focus) 2010-03-10 05:23 India rupee near recent 2-month high; shares help Tuesday, March 9, 2010 @ 11:43PMMUMBAI, March 10 (Reuters) - The Indian rupee strengthened towards recent two month highs on Wednesday tracking gains in regional peers and a firm local stock market while hopes of strong foreign interest at a share sale boosted sentiment. The government begins selling shares in state-run miner NMDC , the country's largest iron ore producer, to raise about $3 billion in an offer from March 10 to ...
(AFX UK Focus) 2010-03-10 05:18 Indian shares rise 0.7 pct; automakers on top gear Tuesday, March 9, 2010 @ 11:42PMMUMBAI, March 10 (Reuters) - Indian shares climbed 0.7 percent on Wednesday morning, with auto makers and Reliance Industries topping the list of gainers, as most Asian markets edged higher.
Rupee Advances as Foreign Investment in Shares Reaches Record Tuesday, March 9, 2010 @ 11:21PMThe rupee extended this year’s gains to 2.4 percent, the third-best performance among the 10 most-active Asian currencies outside of Japan, after overseas investors raised total ownership of Indian shares to $74.6 billion on March 8, according to exchange data.
Indian Stocks Rise to Seven-Week High; Tata Motors Advances Tuesday, March 9, 2010 @ 11:21PMMarch 10 (Bloomberg) -- Indian stocks rose, driving the benchmark index to a seven-week high, amid optimism economic growth will boost company earnings after Franklin Templeton said the nation offers better long-term returns than China.
Rupee falls by 12 paise against dollar in early trade Tuesday, March 9, 2010 @ 10:46PMThe Indian rupee depreciated by 12 paise against the US dollar in early trade on Wednesday, following the American currency's gains overseas.
Rupee falls by 12 paise against dollar in early trade Tuesday, March 9, 2010 @ 10:35PMMumbai, Mar 10 (PTI) The Indian rupee depreciated by 12 paise against the US dollar in early trade today, following the American currency's gains overseas.
Asia's Heroes Of Philanthropy Tuesday, March 9, 2010 @ 9:44PMOne Hong Kong hotelier, building schools in China and Myanmar, sets an example for others.
Asia's Heroes Of Philanthropy Tuesday, March 9, 2010 @ 9:43PMA reclusive Malaysian billionaire's extensive charity work is an example for others.
Buy Ringgit Versus Won, Yen on Malaysia Rate Outlook, RBS Says Tuesday, March 9, 2010 @ 9:36PMInvestors should buy the ringgit against South Korea’ won and Japan’s yen as Malaysia’s central bank may increase its policy rate as many as two more times in 2010, the Royal Bank of Scotland Group Plc said.
ICICI, State Bank, NTPC, Tata Motors: India Equity Preview Tuesday, March 9, 2010 @ 9:20PMMarch 10 (Bloomberg) -- The following companies may have unusual price changes in India trading. Stock symbols are in parentheses and share prices are as of yesterday’s close, unless stated otherwise.
Buy ringgit, RBS tells investors Tuesday, March 9, 2010 @ 9:11PMInvestors should buy the ringgit against South Korea' won and Japan's yen as Malaysia's central bank may increase its policy rate as many as two more times in 2010, the Royal Bank of Scotland Group Plc said. Bank Negara Malaysia will continue reining in monetary stimulus after last week's rate increase, while government pressure will mean that the Korean and the Japanese central banks won't ...
The Hindu Business Line : USD-INR futures can strengthen in near term Tuesday, March 9, 2010 @ 1:03PMRupee rallied over the past week to move towards the 45.5-mark.
Indian rupee weakens tracking local shrs, strong dlr Tuesday, March 9, 2010 @ 7:24AM* India's main share index falls 0.3 pct
Indian Stocks Fall for First Day in Three; Tata Motors Leads Tuesday, March 9, 2010 @ 5:21AMMarch 9 (Bloomberg) -- Indian stocks fell for the first day in three. Tata Motors Ltd., the nation’s biggest truckmaker, retreated after investors sold shares.
Indian rupee rangebound mirroring shares Tuesday, March 9, 2010 @ 2:05AMMUMBAI, March 9 (Reuters) - The Indian rupee was little changed on Tuesday afternoon closely tracking the seesawing domestic sharemarket, but the bias was on the weaker side after the sharp gains seen in recent sessions.
(AFX UK Focus) 2010-03-09 05:53 South African Markets - Factors to watch on March 9 Tuesday, March 9, 2010 @ 12:12AMJOHANNESBURG, March 9 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday.
Most Indian Stocks Decline; Tata Motors Falls as Wipro Advances Tuesday, March 9, 2010 @ 12:06AMMarch 9 (Bloomberg) -- Most Indian stocks fell as investors weighed the outlook for growth against the prospect of further share-price gains. Tata Motors Ltd., the nation’s biggest truckmaker, fell after investors sold shares.
(AFX UK Focus) 2010-03-09 05:21 Indian shares barely changed, Tata Motors drops Monday, March 8, 2010 @ 11:42PMMUMBAI, March 9 (Reuters) - Indian shares treaded water on Tuesday after climbing more than 5 percent over the past 10 days, but Tata Motors was in reverse gear after a series of block deals.
Indian rupee inches lower on Asian cues; shares key Monday, March 8, 2010 @ 10:03PM* Losses in Asian peers weigh on rupee sentiment
Service exports get simpler and less taxing Monday, March 8, 2010 @ 2:41PMBudget 2010 has brought tremendous relief to the Indian service exporters. Various positive amendments have been introduced in the Budget 2010, which should make exporters’ lives a lot easier.
U.S. stocks waver, with telecommunications in lead Monday, March 8, 2010 @ 9:52AMU.S. stocks struggle to retain gains. The telecoms sector leads.
(AFX UK Focus) 2010-03-08 12:51 Indian shares close at 6-week high on global cues Monday, March 8, 2010 @ 7:13AMBy Sumeet Chatterjee
Indian rupee at near 2-mth high on shrs, shaky dlr Monday, March 8, 2010 @ 7:02AM* Main share index up 0.6 pct, at six-week closing high
Indonesia Pharmaceuticals: The Market Should Reach A Value Of US$4.60bn, Up From US$2.79bn In 2008 Monday, March 8, 2010 @ 6:41AMIn the Business Environment Rating matrix for Q409, Indonesia once again occupies 12th position, out of the 15 regional markets surveyed in the Asia Pacific region.
World stocks up as U.S. data lift recovery hopes Monday, March 8, 2010 @ 5:02AMHONG KONG—World stock markets gained today as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery. Major Asian bourses added as much as 2 percent in the region’s second day higher. The euro got a boost after France voiced support for debt-laden Greece, while oil prices pushed past $82 a barrel.
Asian stock markets gain as US jobs report boosts recovery hopes; Europe opens higher Monday, March 8, 2010 @ 4:58AMHONG KONG - World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery. Major Asian bourses added as much as 2 per cent in the region's second day higher.
Asian stock markets gain as US jobs report boosts recovery hopes; Europe opens higher Monday, March 8, 2010 @ 4:46AMHONG KONG - World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
Rupee hits near 2-month high vs $ Monday, March 8, 2010 @ 3:25AMThe rupee extended gains in the afternoon session on Monday tracking a sharp fall in the dollar versus major currencies, and buyoed by gains in the local stock market, which raised hopes for more capital inflows.
World stocks up as US job data lift recovery hopes Monday, March 8, 2010 @ 2:48AMAsian stock markets gain as US jobs report boosts recovery hopes; Europe opens higher
India rupee extends rise on dlr's broad drop; shares Monday, March 8, 2010 @ 2:40AMMUMBAI, March 8 (Reuters) - The Indian rupee extended gains in the afternoon session on Monday tracking a sharp fall in the dollar versus major currencies, and buyoed by gains in the local stock market, which raised hopes for more capital inflows.
Asia stocks up as US jobs data lift recovery hopes Monday, March 8, 2010 @ 1:19AMAsian stocks gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
Sasol Limited Interim Financial Results for the Six Months Ended... Monday, March 8, 2010 @ 1:05AMPositioned for future growth despite challenging markets Headline earnings per share decreased by 51% to R10,67 Overall group production volumes up Cash fixed costs reduced Interim dividend increased ...
Rupee gains 14 paise against dollar in early trade Monday, March 8, 2010 @ 12:46AMThe Indian rupee appreciated by 14 paise to 45.46 a dollar in the early trade today, extending its rally for the sixth straight session, largely on continued capital inflows amid firming Asian currencies.
Asia Stocks up as US Jobs Data Lift Recovery Hopes Monday, March 8, 2010 @ 12:31AMAsian stock markets gain as US jobs report boosts recovery hopes; Tokyo up nearly 2 pct Stock market - Business - Investing - Stocks and Bonds - Equities
Asia stocks up as US jobs data lift recovery hopes Monday, March 8, 2010 @ 12:19AMAsian stock markets gain as US jobs report boosts recovery hopes; Tokyo up nearly 2 pct
(AFX UK Focus) 2010-03-08 05:35 Indian shares rise 1 pct; ICICI, Infosys gain Sunday, March 7, 2010 @ 11:57PMMUMBAI, March 8 (Reuters) - Indian shares advanced more than 1 percent on Monday, boosted by strong gains in Asian markets after U.S. jobs data raised hopes for a recovery in the world's largest economy.
Zero Fees to End as India Tightens Rules for Record Sell-Off Sunday, March 7, 2010 @ 6:35PMMarch 8 (Bloomberg) -- India plans to accelerate sales of state assets to about one a month and tighten requirements for investment banks competing to arrange the $8.8 billion sell-off, according to the official overseeing the divestment program.
International Forecaster March 2010 (#2) - Gold, Silver, Economy + More Saturday, March 6, 2010 @ 6:41PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 25 page issue, please see subscription information below.
New Chinese trade policy could boost Indian exports Saturday, March 6, 2010 @ 1:45PMBEIJING: China will, in the coming year, begin to remove some import restrictions and look to boost imports from developing countries, according to a policy statement issued by its Ministry of Commerce on Saturday.
NMDC — FPO: Invest below Rs 300 Saturday, March 6, 2010 @ 1:03PMHigh revenue visibility, superior margins, large cash coffers and zero debt make NMDC a preferred mining stock. However, stiff market valuations are the only cause for concern.