Kerala: Demonetised currencies with face value of Rs 1 cr seized, one arrested
Following a tip-off, police intercepted two cars yesterday seized the currencies and arrested Shamir, police said.
Aug 22, 2017, 20:28 PM IST
US new home sales fall; weekly jobless claims rise
New US single-family home sales fell to a 10-month low in December after three straight months of solid gains, but the housing market recovery remains intact as a tightening labor market boosts wage growth.
Jan 26, 2017, 22:36 PM IST
FCNR payments, strong US dollar deplete India's forex reserves
A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.
Oct 22, 2016, 17:43 PM IST
Forex reserves touch a life-time high of $363.8 billion
Foreign exchange reserves hit a life-time high of USD 363.8 billion after it rose USD 592.1 million in the week ended June 17, the Reserve Bank said on Friday.
Jun 24, 2016, 18:17 PM IST
China yuan overtakes yen in global payment rankings: SWIFT
China's yuan has overtaken the Japanese yen and moved into fourth place among the world's payments currencies, global transactions organisation SWIFT said today, as Beijing pushes greater international use of its currency.
Oct 06, 2015, 17:25 PM IST
Asian shares stage patchy recovery but volatility remains high
Japan`s Nikkei rose for the first time in four days, gaining 1.4 percent, while South Korea`s Kospi edge up 0.4 percent, although MSCI`s broadest index of Asia-Pacific shares outside Japan erased early gains.
Sep 03, 2015, 08:42 AM IST
Despite dip, rupee relatively stable: Raghuram Rajan
The depreciation of the rupee is due in part to the U.S. dollar`s strength and it has fallen less, and in a less volatile fashion, than other currencies, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Tuesday.
May 19, 2015, 23:57 PM IST
Dollar little changed ahead of housing, inflation data
The report follows some other recent data showing higher inflation, although US Federal Reserve Chair Janet Yellen and others have downplayed those reports.
Jul 22, 2014, 08:44 AM IST
