Rupee ends above 65-mark vs dollar, down 25 paise
The domestic currency opened sharply lower at 64.95 as against yesterday's level of 64.80 at the Interbank Foreign Exchange (forex) market.
Oct 20, 2015, 18:32 PM IST
Cost of money has to come down to achieve 8-10% growth: Arun Jaitley
Jaitley added that stalled projects have to be expedited and they will lead 'Make in India' programme.
Aug 29, 2015, 20:32 PM IST
When Mumbaikars fished Rs 1,000 currency notes out of Gateway waters
Rs 1,000 denomination currency notes were noticed floating in the water near Gateway of India.
Aug 12, 2015, 15:25 PM IST
Cost of printing a one-rupee note is Rs 1.14
The cost of printing one rupee note, which was recently re-introduced after a gap of 20 years, is Rs 1.14, more than its value, an RTI query has revealed.
Jul 02, 2015, 18:34 PM IST
Greek tragedy may see RBI selling $15-bn to defend Re at 65
If the much-awaited Greek deal fails, the Reserve Bank will have to sell as much as USD 15 billion to defend the rupee at 65 levels, says a report.
Jun 22, 2015, 19:40 PM IST
Government to make all international transactions transparent by 2017: Jaitley
Finance Minister Arun Jaitley on Friday said that the country needs a law to prevent money laundering, adding that the systems are broadly in place.
May 01, 2015, 11:05 AM IST
2015 to see lower rates to support growth; 1st cut in Feb: BofA
According to BofA-ML, the INR would appreciate when the RBI cuts rates and its forex strategist with rupee likely to trade at Rs 62/USD levels in March 2015.
Jan 06, 2015, 15:20 PM IST
Don't replace Gandhi with other leaders on banknotes: RBI panel
A Reserve Bank panel has decided against the inclusion of any other national leader's image on banknotes saying that no other personality could better represent the ethos of India than Mahatma Gandhi.
Dec 05, 2014, 15:51 PM IST
India's debt limit auction attracts strong foreign investor demand
India attracted 49.63 billion rupees ($814.61 million) worth of bids from foreign investors in its auction of government debt limits on Thursday, much higher than the 30.17 billion rupees on offer, according to two dealers.
Sep 11, 2014, 19:28 PM IST
RBI net buyer of dollars for 4th month, scoops up $5.4 b in July
The central bank's intervention in the foreign exchange market is to curb volatility in the currency market.
Sep 10, 2014, 22:22 PM IST
RBI sparks confusion despite $4.1 billion in cash injections
Although the overnight cash rate closed at 8.00/8.05 percent, in line with the repo rate, it fluctuated in a wide 8.00 percent to 8.80 percent range through the session.
Aug 12, 2014, 20:17 PM IST
RBI net buys $597 mn in spot forex market for 3rd month in June
The Reserve Bank became net purchaser of dollars for the third consecutive month in June this fiscal as it bought USD 597 million from the spot market.
Aug 12, 2014, 18:31 PM IST
Rupee at a fresh six-week low of 60.50 against USD
The price rise of essential food items like vegetables, fruits and cereals, pushed up inflation to five-month high of 6.01 percent in May.
Jun 17, 2014, 10:07 AM IST
RBI steps in to check rupee gains: Traders
The Reserve Bank of India was spotted buying dollars via state-run banks starting around 58.99-59.00, three traders said, continuing its heavy intervention to curb strength in the rupee.
Jun 09, 2014, 10:23 AM IST
Rupee rises most in a fortnight, up 16 p Vs $ to end at 59.17
Dollar selling by exporters also aided the rupee rise while the dollar index was up marginally.
Jun 06, 2014, 20:00 PM IST
