Reserve Bank of India - Indian Currency News

Indian Currency News

Indian gold likely to touch new high Monday, September 6, 2010 @ 4:22PMIndia gold futures may extend gains for the sixth consecutive week and hit a new all-time high supported by expectations of a weaker dollar overseas, analysts said.
Re, yields rise Monday, September 6, 2010 @ 4:17PMRupee gained for a fourth day, the longest winning streak in a month, on speculation accelerating economic growth will draw more funds from abroad.
Sensex hits high; rupee extends rally Monday, September 6, 2010 @ 4:09PMPositive global equities after better-than expected US August jobs data and buying of blue chips by institutions drove Indian shares yesterday to their highest close since February 2008.
Payment news, September 7 Monday, September 6, 2010 @ 4:03PMThe Singapore Mercantile Exchange goes live, while Daiwa selects a platform to power its electronic trading infrastructure in Asia.
Japan detects its first case of NDM-1 superbug Monday, September 6, 2010 @ 3:23PMJapan on Monday said it has detected its first case of an antibiotic-resistant "superbug" that surfaced in South Asia and has triggered a global health alert.
Business : DGCX Indian rupee futures records $5.7 billion trades in August Monday, September 6, 2010 @ 2:33PMDUBAI — The Dubai Gold & Commodities Exchange (DGCX) said on Monday it transacted 111,348 contracts valued at $5.71 billion in July, with Indian Rupee futures achieving a third consecutive monthly volume record.
18 people caught along Indo-Bangla border Monday, September 6, 2010 @ 2:10PMShillong, Sept 6 (PTI) Eighteen people, including a duo carrying arms and two Bangladeshi nationals, were caught in separate operations by BSF along the Indo-Bangla border.
Rupee ends at two-week-high of 46.53 per Dollar Monday, September 6, 2010 @ 12:38PMMumbai, Sep 06 : The Rupee today strengthened by ten paise, registering a two-week high at 46.53 against the dollar on bullish trend in equity markets, traders at the Interbank Foreign Exchange (FOREX) said.
PRECIOUS-Gold holds steady near $1,250/oz after U.S. data Monday, September 6, 2010 @ 11:24AMPRECIOUS-Gold holds steady near $1,250/oz after U.S. data
Asian Markets End In Positive Territory On Recovery Hopes Monday, September 6, 2010 @ 7:57AM(RTTNews) - Asian markets ended the trading session Monday in positive territory as concerns about global economic recovery eased considerably led by better than expected jobs report in the US for August.
Suzuki planning third auto plant in India as car sales boom on healthy demand Monday, September 6, 2010 @ 6:16AMTOKYO - Suzuki Motor Corp. is planning a third vehicle plant in India to keep up with burgeoning sales, the Japanese small-car maker said
Suzuki planning third auto plant in India as car sales boom on healthy demand Monday, September 6, 2010 @ 5:59AMTOKYO - Suzuki Motor Corp. is planning a third vehicle plant in India to keep up with burgeoning sales, the Japanese small-car maker said Monday.
Suzuki planning third auto plant in India Monday, September 6, 2010 @ 4:10AMSuzuki Motor Corp. is planning a third vehicle plant in India to keep up with burgeoning sales, the Japanese small-car maker said Monday.The plant will be up and running, perhaps as early as 2013, at the same site as its plant in the northern town of Manesar with a yearly production capacity of...
Weekend news and share tips Monday, September 6, 2010 @ 3:39AM■ Conveyor belt maker Fenner 's results for 2010 will be at the top end of forecasts after strong demand from the coal mine industry. ■ British Airways has drawn up a list of 12 potential acquisition targets once its merger with Spanish carrier Iberia is completed, chief executive Willie Walsh said over the weekend.
Suzuki planning third auto plant in India Monday, September 6, 2010 @ 3:28AM(AP:TOKYO) Suzuki Motor Corp. is planning a third vehicle plant in India to keep up with burgeoning sales, the Japanese small-car maker said Monday.
Booking.com’s growth continues to propel priceline Monday, September 6, 2010 @ 2:49AMAs its international business continues to drive growth for the US-based online travel company priceline, the presence of booking.com in the group’s portfolio continues to gain prominence.
Rupee Rises a Fourth Day as Faster Growth Draws Funds to India's Stocks Monday, September 6, 2010 @ 1:06AMIndia’s rupee gained for a fourth day, the longest winning streak in a month, on speculation accelerating economic growth will draw more funds from abroad.
India rupee at near 4-wk high as share gains boost Sunday, September 5, 2010 @ 9:51PMMUMBAI, Sept 6 (Reuters) - The Indian rupee extended gains to its strongest level in nearly four weeks on Monday afternoon, boosted by the gains in the domestic sharemarket and the dollar's losses versus major currencies.
Immense claims feature event Sunday, September 5, 2010 @ 2:52PMHYDERABAD: Immense (Ashhad Asbar up) won the Deccan Bookmakers Colts Trial Stakes, the feature event of the races here on Sunday (September 5). The winner is owned by Mr. Shiven Surendranath rep Diamond Band Racing Pvt. Ltd. Dr. and Mrs. Syed Ainuddin Arif and Mr. Neil R. Shah. The trainer is A. Mangalorkar.
JeM chief killed in Poonch encounter Sunday, September 5, 2010 @ 9:38AMMilitant outfit Jaish-e-Mohammad chief Umar Khatab was killed and an army jawan wounded in a fierce gun-battle in Jammu and Kashmir's Poonch district on Sunday. Khatab was killed in a gunfight with security forces in Bhatti-Dar area at Mendhar early on Sunday morning, said Brigadier General Staff (16 Coprs) S Dua. Acting on specific information that some militants were hiding in Bhatti-Dar area ...
Suzuki to build new auto plant in India Sunday, September 5, 2010 @ 2:38AMJapan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.
SBI Bank blocks 400 accounts in Biratnagar Sunday, September 5, 2010 @ 1:37AMNepal SBI Bank, Biratnagar, with the order of the central bank, has blocked the accounts of some 400 customers as it found the customers withdrawing Indian Currency (IC) from Indian banks with Nepali ATM Card, reports Nagarik Daily.
UBI to help boost UAE, India trade Sunday, September 5, 2010 @ 1:15AMUBI to help boost UAE, India trade
The Telegraph - Calcutta (Kolkata) | Business Saturday, September 4, 2010 @ 3:55PMIndia and the US hope to resolve the visa fee row amicably. The recent hike in visa fee by the US is likely to hurt the competitiveness of the Indian software industry in America. ...
Business : UBI to help boost UAE, India trade Saturday, September 4, 2010 @ 2:02PMDUBAI — Union Bank of India, or UBI, plans to open a branch in Dubai to meet the funding needs of Indian corporates in the Middle East and further boost UAE-India trade, the bank’s chairman and managing director said.
The Hindu Business Line : Designs that plug revenue leaks, curb counterfeiting Saturday, September 4, 2010 @ 1:47PMA hologram label costs a mere 30-40 paise. But if stuck on bottles, it can help save crores of rupees in liquor revenue that would have otherwise been evaded, say manufacturers of hologram labels. What is more, they say, it can also help prevent counterfeiting in bank notes.
Afridi apologises for 'fixing' row Saturday, September 4, 2010 @ 11:38AMPakistan one-day captain Shahid Afridi apologised Saturday for the scandal engulfing his side's tour of England after British police questioned three players over an alleged betting scam.
Censor board bans 'Knock-Out' trailer Saturday, September 4, 2010 @ 4:45AMThe Sanjay Dutt-Kangna Ranaut-Irrfan Khan starrer 'Knock-Out' is in censor trouble. The trailer of the thriller has been banned by the censor board for an allegedly derogatory reference made by Irrfan Khan to the 1000-rupee note.
Censor board bans 'Knock-Out' trailer Saturday, September 4, 2010 @ 4:40AMBy Subhash K. Jha, Mumbai, Sep 4 : The Sanjay Dutt-Kangna Ranaut-Irrfan Khan starrer 'Knock-Out' is in censor trouble. The trailer of the thriller has been banned by the censor board for an allegedly derogatory reference made by Irrfan Khan to the 1000-rupee note.
Pakistan try to focus after police grill trio Saturday, September 4, 2010 @ 4:23AMPakistan's scandal-hit cricket team sought to focus on looming tour matches against England after British police questioned three of its star players over an alleged betting scam.
Pakistan try to focus after trio's police grilling Saturday, September 4, 2010 @ 3:53AMPakistan's scandal-hit cricket team sought to focus on the next stage of its England tour on Saturday after British police questioned three of its star players over an alleged betting scam.
BSF apprehends arms smuggler, seizes fake currency notes Saturday, September 4, 2010 @ 3:44AMShillong, Sep 4 : Troops of the BSF apprehended one arms smuggler and one Bangladeshi national from two different places.
Riots 'linked to poverty, unemployment' Saturday, September 4, 2010 @ 2:49AMThe deadly food riots in poverty-stricken Mozambique reflect public anger at the ruling party's failure to curb poverty and create more jobs, analysts say.
Most Indian shares up; rupee gains big Friday, September 3, 2010 @ 3:23PMMost Indian stocks rose, driving the benchmark stock index to a weekly gain, amid expectations local companies will benefit from strengthening economic growth.
British police quiz Pakistan trio in probe Friday, September 3, 2010 @ 12:53PMBritish police on Friday questioned the three Pakistani cricketers embroiled in fixing claims, as the sport's governing body insisted the case was not the tip of a corruption iceberg in the game.
Sonia: How she carried the Good, Bad and Ugly Friday, September 3, 2010 @ 12:53PMFor a record fourth time, Sonia Gandhi has been elected president of the 125-year-old Congress party. The first time when she became Congress chief on March 14, 1998, she was just a 'phoren bahu' of the Gandhi family. In last 12 years, she has traveled a long, fascinating path to change her own personality, change her party and change the way Indians think about her. In fact, now, Indians have ...
Suicide bomber kills 53 at Shiite rally in Pakistan Friday, September 3, 2010 @ 12:38PMAt least 53 people were killed and 197 wounded on Friday in a suicide bombing targeting a Shiite Muslim rally in the southwestern city of Quetta, police said.
British police quiz Pakistan bowlers in probe Friday, September 3, 2010 @ 10:53AMBritish police questioned Pakistan bowlers Mohammad Aamer and Mohammad Asif on Friday as cricket's governing body insisted the case was not the tip of a corruption iceberg in the game.
Africa: Fisheries Must Deal With Threats, Opportunities Friday, September 3, 2010 @ 9:09AMThe fisheries and aquaculture sectors are central to the survival of millions in Africa, but the resource is under threat, yet the region should exploit market possibilities.
Rupee gains 8 paise to 2-week high against US dollar Friday, September 3, 2010 @ 8:40AMMumbai, Sep 3 (PTI) The Indian rupee gained another 8 paise to end at a two-week high of 46.64/65 against the US dollar today on selling of the American currency by exporters and banks.
Stocks set to jump at open Friday, September 3, 2010 @ 8:02AMU.S. stocks were poised to start September with a bang Wednesday, as investors aimed to put last month's dour performance behind them.
Rupee firms by 9 paise at 46.71 per USD Thursday, September 2, 2010 @ 12:20PMMumbai, Sep 2 : The rupee today firmed up by nine paise to 46.71 against US Dollar, as compared to its previous close of 46.80, on lack of fresh demand for the greenback from local operators, the traders at Interbank Foreign Exchange (Forex) here said.
EVM row: Shooting the messenger won't help Thursday, September 2, 2010 @ 8:38AMRajeev Srinivasan on how EVM problems are much bigger than technology or politics. Second and final part of the series.
Methode Electronics Inc. Reports Operating Results (10-Q) Thursday, September 2, 2010 @ 7:26AMBy 10qk. Methode Electronics Inc. ( MEI ) filed Quarterly Report for the period ended 2010-07-31. Read more » »
Business : US manufacturing sends Asian markets higher Thursday, September 2, 2010 @ 7:18AMHONG KONG — Forecast-busting manufacturing data in the United States boosted Asian stocks Thursday, with the figures easing concerns over the state of the world’s biggest economy.
Thailand's s rich get far richer in 2010: Forbes Thursday, September 2, 2010 @ 7:07AMBANGKOK (Sept 2, 2010): Despite weeks of political violence that disrupted economic life in Bangkok this year, the combined wealth of Thailand's 40 richest people increased by 46% from 2009, according to a study by Forbes magazine.
Kiwi Indian says police doing nothing about home robbery Thursday, September 2, 2010 @ 5:55AMAuckland, Sep 2 : A Kiwi Indian has claimed that Auckland Police are doing nothing about investigating a robbery and ransacking of his home in the Mt. Albert area of the city.
Indian coming from Pak arrested with fake currency Thursday, September 2, 2010 @ 4:25AMNew Delhi, Sep 2 (PTI) An Indian on his way back from Pakistan has been arrested by the Directorate of Revenue Intelligence from the Indira Gandhi International Airport here for allegedly trying to smuggle in fake Indian currency notes with a face value of over Rs 11 lakh.
Thai's rich get far richer Thursday, September 2, 2010 @ 4:17AMBANGKOK - DESPITE weeks of political violence that disrupted economic life in Bangkok this year, the combined wealth of Thailand's 40 richest people increased by 46 percent from 2009, according to a study by Forbes magazine. Dhanin Chearavanont, owner of Thailand's largest agribusiness conglomerate, Charoen Pokphand Group, is the country's richest man with net worth of US$7 billion (S$9.4 ...
Titan Plans Debt as High-Yield Bond Sales Poised to Rise: New Issue Alert Thursday, September 2, 2010 @ 4:14AMTitan International Inc. , the maker of tires and wheels for off-highway vehicles, plans to sell debt as sales of high-yield, high-risk company bonds may be poised to surge.