Dena Bank revises deposit rates for NRIs Deccan Herald Mumbai, July 31 (PTI) | Public sector Dena Bank on Saturday said that it has lowered interest rates on its non-resident external (NRE) and foreign currency non-resident (FCNR (B)) dollar-denominated deposits. | The revised rates come into effect from August 1, a press release issued here stated. | I...
Rupee climbs to 46.46 against dollar Indian Express | The Indian rupee climbed to a fresh one-month high on Friday as custodian banks, representing foreign investors, sold dollars. | Sentiment was also bolstered by the dollar's weakness against major currencies and other Asian units. | At 10:10 a.m., the partially convertible rupee was at 46.46/47 pe...
Rupee at 1-month high on share sale inflows The Times Of India The rupee rose to its highest in more than a month on Friday as robust foreign portfolio inflows into a clutch of share offers boosted dollar supplies in the market. | The dollar’s fall against major currencies also lifted the rupee, traders said. ...
Reliance Power June qtr net 1.4 bn rupees The Times Of India MUMBAI: Indian power utility Reliance Power on Friday reported consolidated net profit of 1.95 bn rupees on net sales of 1.39 bn rupees. | The company, part of the Anil Ambani group, said standalone net profit stood at 1.49 bn rupees in the June quar...
India raises 150 bln rupees via sale of bonds: RBI The Times Of India MUMBAI: India on Friday sold Rs 150 billion of bonds, the Reserve Bank of India said in a statement. The bank set a cut-off price of Rs 98.22 at the auction of the 7.17 per cent, 2015 bonds, yielding 7.6112 per cent. The yield is slightly higher than...
Rupee climbs to 46.46 against dollar Indian Express | The Indian rupee climbed to a fresh one-month high on Friday as custodian banks, representing foreign investors, sold dollars. | Sentiment was also bolstered by the dollar's weakness against major currencies and other Asian units. | At 10:10 a.m., ...
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Indian rupee near 6-week low; shares, dlr watched The Times Of India MUMBAI: The Indian rupee weakened towards recent six-week lows on Thursday as a shaky start to local shares and broadly lower Asian peers weighed, and traders were watching the dol...
Rupee falls to 2-week low on corp demand, NDFs The Times Of India The rupee fell to its lowest level in two weeks on Monday weighed down by dollar demand from two large corporates and a sharp fall in the offshore forward rupee. | The partially-co...
Online information DNA India | Online information | This is with reference to ‘Schools against accounts on web’, (DNA, July 19). The apprehension against putting up school accounts online is totall...
Rupee spikes to 46.67 against dollar Indian Express | The Indian rupee shrugged off a subdued stock market and inched higher on Thursday, supported by the dollar's losses against major currencies. | However, pressure from import payments that usually peak at the end of each month could weigh on the ru...
Rupee gains on broad dlr drop; choppy shares hurt The Times Of India MUMBAI: The rupee continued to trade stronger in afternoon session on Thursday as broad dollar weakness against major currencies helped sentiment, but a sharper rise was limited by a choppy local shares. At 1:17 p.m., the partially convertible rupee ...
Juggling The Rupee: Balancing our currency, trade and investment is a tricky act The Times Of India It is a pity that just when the rupee has had a makeover with an exclusive new symbol of its own, its value on the home front is rapidly eroding . Today, the rupee will buy only about 80 per cent of what it would have bought two years ago; less if yo...
Rupee gains 7 paise against dollar in early trade DNA India | Mumbai: The Indian rupee appreciated by seven paise to 46.68 a dollar in early trade on the Interbank Foreign Exchange today, largely on the back of fresh capital inflows by foreign funds and dollar's losses against other currencies. | The rupe...
ICICI Bank Profit up 17 Percent on Better Loans ABC News The Associated Press | MUMBAI, India July 31, 2010 (AP) | ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. | Net profit in the quarter ended June 30 was 10.3 billion rupees ($221 million), roughly in line with expect...
Wall Street marks best month in a year in July The Times Of India NEW YORK: US stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data. | While the major indexes each posted 7 per cent gains for the month, it came during low volume and followed a combined...
