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Indian Currency News

  • Indian rupee steady; euro zone summit awaited Wednesday, July 20, 2011 @ 1:13AMMUMBAI: The Indian rupee treaded water on Wednesday as traders lowered their expectations for a quick resolution at a summit of euro zone leaders on Thursday to tackle Europe 's sovereign debt crisis.
  • Why decline of the euro is good for gold – and for Switzerland Tuesday, July 19, 2011 @ 6:18PMThe price of gold hit an all-time high yesterday, reaching a peak of $1,609 an ounce. The price has doubled in two years and, allowing for inflation, it is also thought to be at its highest level since the 1500s, apart from a brief spike in the early 1980s. Few economists appear willing to bet against it exceeding even the 1980s record value of about $2,400 at current prices.
  • Till debt do us part Tuesday, July 19, 2011 @ 11:50AMLukewarm equity markets, tight credit may enhance concerns on highly leveraged firms.
  • US-India Strategic Dialogue Joint Statement Tuesday, July 19, 2011 @ 7:27AMNew Delhi, July 19 : India’s Minister of External Affairs Shri S.M. Krishna and the U.S. Secretary of State Hillary Rodham Clinton met in New Delhi on July 19, 2011, for the second annual meeting of the U.S.–India Strategic Dialogue.
  • Peabody Energy Announces Results for the Quarter Ended June 30, 2011 Tuesday, July 19, 2011 @ 7:00AMST. LOUIS , July 19, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU - News ) today reported second quarter 2011 EBITDA of $579.5 million , a 32 percent increase from the prior year. Â Revenues climbed 21 percent to $2.01 billion . Â Income from continuing operations increased 36 percent to $293.0 million , with diluted earnings per share from continuing operations of $1.05 . Â Adjusted diluted ...
  • BSF arrests Pakistani intruder Tuesday, July 19, 2011 @ 6:50AMBorder Security Force (BSF) personnel on Tuesday apprehended a Pakistani intruder who managed to sneak into the Indian territory along with arms, ammunition and fake Indian currency notes besides SIM cards.
  • US, India reiterate commitment to cooperation in defence, security and counter-terrorism Tuesday, July 19, 2011 @ 6:27AMIndia and the United States on Tuesday reiterated their commitment to further bilateral cooperation in defence, security and counter-terrorism.
  • Mauritius’s Rupee Weakens for Third Consecutive Day on Europe Debt Crisis Tuesday, July 19, 2011 @ 5:43AMMauritius’s rupee weakened for a third day against the dollar as concern the debt crisis in Europe, the Indian Ocean island nation’s biggest trading partner, may affect the economy.
  • Polaris Reports Record Second Quarter 2011 Results; EPS Increased 83% to $1.37 with Sales Growth of 41% Tuesday, July 19, 2011 @ 5:12AMPolaris Industries Inc. (NYSE:PII) today reported record second quarter net income of $48.7 million, or $1.37 per diluted share, for the quarter ended June 30, 2011, up 90 percent from the prior year’s second quarter net income of $25.6 million, or $0.75 per diluted share.
  • Pak intruder held with fake currency,arms and ammuntion Tuesday, July 19, 2011 @ 4:00AMFerozpur, Jul 19 : A Pakistani intruder was arrested along with fake currency of Rs 7.95 lakh and large quantity of arms and ammunition in Mamdod sector on the Indo Pak border in this district today.
  • Rupee gains 3 paise against US dollar in early trade Monday, July 18, 2011 @ 11:56PMThe Indian rupee strengthened by 3 paise to Rs 44.54 per dollar in early trade on the Interbank Foreign Exchange on Tuesday, supported by dollar weakness against other Asian currencies.
  • Rupee gains 3 paise vs dollar in early trade Monday, July 18, 2011 @ 11:34PMThe Indian rupee strengthened by 3 paise to Rs 44.54 per dollar in early trade on the Interbank Foreign Exchange today, supported by dollar weakness against other Asian currencies.
  • Ghanaian Busted In India is Not Ghanaian Monday, July 18, 2011 @ 11:17PMIndia -- A man apprehended on suspicion and in whose possession railway police allegedly found fake photocopies of a passport showing he was from the Republic of Ghana, besides fake currency, has turned out to be Nigerian national, whose involvement in several other frauds is being suspected.
  • Nelson Mandela commemorates his 93rd birthday in South Africa Monday, July 18, 2011 @ 9:18PMJohannesburg – Former President Nelson Mandela celebrated his 93rd birthday in South Africa with his relatives and friends, as around 12- million school children sang “Happy Birthday” at 8:05 am on Monday, July 18, 2011, according to several international reports that day. Mr. Nelson Mandela with his family Image Credit: AP Photo /Peter Morey Photographic [...]
  • THE RUPEE: dollar gains | Business Recorder Monday, July 18, 2011 @ 6:58PMThe rupee managed to gain versus dollar on the currency market on Monday in process of trading, dealers said.
  • R weakens a 2nd day; bond yields decline Monday, July 18, 2011 @ 6:44PMRupee weakened for a second day as Europe's worsening debt crisis spurred demand for the perceived safety of the dollar over emerging-market assets.
  • Murdochism and media Monday, July 18, 2011 @ 1:50PMThe challenge of “managing the Murdochs” (Business Standard, July 11) is less daunting than that of managing “Murdochism” — the idea that the media is not just a “fourth estate” but also a means of securing power in the pursuit of profit and securing profit in the pursuit of power, with no regard to professionalism and professional values.
  • Ethiopia: The Land of Beauty And Hunger Monday, July 18, 2011 @ 7:31AMAfter a recent visit to Ethiopia, also known as the Horn of Africa, the Daily Champion reports on the land of natural contrasts, where beauty lies side by side with hunger, among other things.
  • Arden Partners plc - Form 8.5 (EPT/NON-RI) Monday, July 18, 2011 @ 5:58AMArden Partners plc - Form 8.5 (EPT/NON-RI)
  • PRESS DIGEST - Canada - July 18 Monday, July 18, 2011 @ 5:04AMJuly 18 (Reuters) - The following are top stories fromselected Canadian newspapers. Reuters has not verified thesestories and does not vouch for their accuracy. THE GLOBE AND MAIL -- An annual outdoor ...
  • Pakistan, Iran become 'natural allies' Monday, July 18, 2011 @ 3:39AMThe participation by Pakistan President Asif Ali Zardari in the two-day conference on terrorism held at Tehran on June 25 was invested with political symbolism as a mark of displeasure towards the United States.
  • UK teen held with charas, other drugs in Chandigarh Sunday, July 17, 2011 @ 7:34PMCrime branch has arrested 19-year-old London resident, Napper Ned O Conner Tandy, for allegedly possessing 40gm charas and psychotropic tablets weighing around 180gm from near a taxi stand, Sector 38, on Saturday night.
  • OFWs: Harnessing the Filipino diaspora Sunday, July 17, 2011 @ 11:08AMRICARDO SALUDO Last of two parts (Ric Saludo’s colleague Bill Huang contributed this guest column.) IN tapping its nationals abroad, India has gone from indifference to engagement within the past decade. The first prominent achievement may have been its successful issue of foreign-currency-denominated “Resurgent India Bonds” in 1998, marketed specifically to non-resident Indians (NRIs) on [...]
  • Pak singer Asma Latta rejects allegations of being an 'Indian spy' Sunday, July 17, 2011 @ 6:57AMPeshawar, July 17 : Renowned Pakistani singer Asma Latta has rejected the allegations of being a spy for India, saying she could never think to spy against the country that gifted her respect and popularity.
  • Weekly Currency Trading Forecast 07.18.11 Sunday, July 17, 2011 @ 1:31AMWeekly Currency Trading Forecast 07.18.11
  • Getting to Montreal Saturday, July 16, 2011 @ 11:42PMQ: We're flying into Montreal and will have to get downtown on our own. What kind of transportation is available?
  • Probe teams fan out across country Saturday, July 16, 2011 @ 7:00PMAmong the other suspected Indian Mujahideen operatives on the sleuths' list are Thane resident Abdus Subhan Usman Qureishi, Pune's Mohsin Chaudhary, and six men from Kerala.
  • The price of gold: as influential as a global power Saturday, July 16, 2011 @ 9:55AMLee Mace knelt on a sun-dappled riverbank in the heart of California's mother lode. For two hours, he'd been taking turns with his wife and their three children, shoveling dirt into a home-built oak box, pouring buckets of water over the top, and rocking it back and forth like a cradle. Gravity carried the heaviest particles through a series of screens to a trap at the bottom, where Mr. Mace ...
  • Get Rupee symbol on computers for free Saturday, July 16, 2011 @ 6:04AMLike the US dollar and British pound sterling, the new symbol of Indian rupee will also be available in the computers by merely downloading a software provided free by the government.
  • FAP concerned at import of agri products Friday, July 15, 2011 @ 9:13PMLAHORE, July 15: The policymakers have decided to rely more on import of agriculture products from India and other countries to cater to certain vested interests at the cost of local farmers.
  • R snaps 2-day gain; bond yields rise Friday, July 15, 2011 @ 3:28PMSnapping two-day gains, the rupee on Friday lost two paise to close at 44.51/52 against the US currency mainly due to mild dollar demand amid weakness in local equities.
  • Deepak Lal: Shrink the state Friday, July 15, 2011 @ 1:36PMAll the BRICS – Brazil, Russia, India, China and South Africa – seen as “shining” are currently in actual or incipient trouble.
  • Daily News Brief Friday, July 15, 2011 @ 7:56AMDiplomats comprising the so-called Libya Contact Group (al-Jazeera), including U.S. Secretary of State Hillary Clinton, are meeting in Istanbul, Turkey, today to discuss a roadmap for the ongoing NATO-led military operation in Libya.
  • Mauritius’s Rupee Sets for 1st Weekly Drop in Month on Europe Debt Concern Friday, July 15, 2011 @ 5:59AMMauritius’s rupee headed for its first weekly decline this month against the dollar as concern Europe’s debt crisis may worsen and the U.S.’s credit rating may be cut curbed demand for riskier frontier-market assets.
  • OANDA Listens to Growing Client Base, Expands Cross-Pair Coverage Friday, July 15, 2011 @ 2:26AMLeading forex broker rounds out Swiss Franc and Hong Kong Dollar offeringsNew York, NY (PRWEB) July 15, 2011 OANDA Corporation, provider of innovative online foreign exchange trading, has added eleven more currency cross pairs to its online forex trading platform. The new pairs are AUD/CHF, NZD/CHF, SGD/CHF, AUD/HKD, CAD/HKD, CHF/HKD, EUR/HKD, GBP/HKD, HKD/JPY, NZD/HKD, SGD/HKD. The forex broker ...
  • Reviving faith in tradition Friday, July 15, 2011 @ 12:51AMThe 17th Karmapa, absolved of recent allegations, is at peace with himself. He now promotes Buddhist hymns’ Sanskrit roots.
  • Indian rupee eases in light volume, oil payments eyed Friday, July 15, 2011 @ 12:43AMMUMBAI: The Indian rupee nudged lower in thin trade on Friday with choppy shares providing little direction, while gains in most Asian currencies were offset by a weaker euro.
  • This article brings music to Friday, July 15, 2011 @ 12:29AMIn reply to What The Happiness Balance Sheet Looks Like : This article brings music to my ears. It clearly shows that the incestuous Government/Big Business/Globalization paradigm is tearing our world apart and causing huge inequality as well as contributing to endless wars and poverty. “…the remote region of Ladakh, or Little Tibet, as it is also known. She (Helana) first went there in 1975 ...
  • Rupee up 1 paise against US dollar in early trade Thursday, July 14, 2011 @ 11:56PMThe Indian rupee rose marginally by 1 paise to Rs 44.48 per US dollar in opening trade on the Interbank Foreign Exchange today, supported by a higher opening in the stock market.
  • Navies to float science robots in pirate waters Thursday, July 14, 2011 @ 10:56PMDriven away by Somali pirates, international scientists are asking the Australian and U.S. navies for a favor: deploy 19 robotic instruments in the Indian Ocean to record critical data on climate and monsoon.
  • Navies to float science robots in pirate oceans Thursday, July 14, 2011 @ 10:26PMInternational scientists have asked the Australian and U.S. navies to help them with research in the pirate-infested Indian Ocean.
  • THE RUPEE: dollar higher | Business Recorder Thursday, July 14, 2011 @ 6:28PMDeclining trend was seen on the currency market on Thursday as the rupee drifted lower in terms of dollar in process of trading, experts said. The rupee gave up its firmness, shedding 11 paisa in terms of dollar for buying and selling at 85.93 and 85.95, they said.
  • Rain hampers Indian effort to find bombers Thursday, July 14, 2011 @ 6:07PMPolice in Mumbai investigating the trio of bomb blasts that tore through the city on Wednesday were last night pinning their best hopes on CCTV footage recovered from the site of the explosion as they revealed heavy rains may have destroyed much forensic evidence.
  • India Globalization Capital Announces Financial Results for End of Fiscal Year 2011 Thursday, July 14, 2011 @ 5:17PMBETHESDA, MD--(Marketwire - 07/14/11) - India Globalization Capital, Inc. (AMEX: IGC - News ), a company competing in the rapidly growing materials and infrastructure industry in India, announced its financial results for the fiscal year ended March 31, 2011. Ram Mukunda, CEO of India Globalization Capital, said: "As we realigned our business from construction to materials and mining, we have ...
  • Sara Baur-Harding – "Beyond Grace" Through Chaos Thursday, July 14, 2011 @ 2:41PMEmpathy. Compassion. Strength. Chaos. Topanga Film Festival co-founder Sara Baur-Harding uses the first three words to describe what is important to her work and the fourth to describe her life.
  • Fake currency 1.55 lakh recovered, WB resident arrested in Kashmir Thursday, July 14, 2011 @ 12:13PMSrinagar, Jul 14 : Jammu and Kashmir police recovered fake Indian currency from a West Bengal (WB) resident, who was later taken into custody in south Kashmir district of Kulgam, official sources said here today.
  • TCS beats estimates, flags economic uncertainty Thursday, July 14, 2011 @ 10:41AMMUMBAI (Reuters) - Tata Consultancy Services (TCS), India's top software services exporter, warned about global economic uncertainty after beating analysts' forecasts for first-quarter profit as western clients increased spending on technology services.
  • UPDATE 2-TCS beats estimates, flags economic uncertainty Thursday, July 14, 2011 @ 10:29AM* Q1 net profit 23.8 bln rupees vs 22.9 bln rupees forecast * Wage hikes in Q1 impacts profit margins by 251 basispoints * Adds 24 clients in Q1, lowest in at least four years * Exec says global economic ...
  • Rupee gains 6 paise against US dollar in early trade Thursday, July 14, 2011 @ 10:10AMAgencies New Delhi, July 14: The Indian rupee appreciated by 6 paise to Rs 44.46 per dollar in early trade on the Interbank Foreign Exchange on Thursday amid dollar weakness against other currencies overseas.
  • Indian rupee up on euro's gains Wednesday, July 13, 2011 @ 11:26PMRupee rose on Thursday tracking gains in the euro and Asian currencies, but slight weakness in local shares limited the rise.