Dollar

  • Wipro's Q4 profit rises 28.8 pc to Rs 2,226.5 crore 17-04-2014 07:43 PM

    Bangalore: The country's third-largest software services firm Wipro on Thursday posted a 28.8 per cent increase in profit to Rs 2,226.5 crore in the quarter ended March 31 on the back of improving global economic sentiment and cost optimisation. The Bangalore-based firm had registered a profit of Rs 1,728.7 crore...
  • Rupee ends at 60.29 up 8 paise against dollar 17-04-2014 09:44 AM

    Mumbai: The rupee on Thursday gained by 8 paise to close the day at 60.29 against the dollar in line with the surge in stock markets, breaking three-day losing streak. Fresh dollar selling by exporters amid weak dollar overseas aided the rupee, forex dealers said, adding that sustained capital outflows...
  • Rupee at 3-week closing 60.37 against US dollar 16-04-2014 09:33 AM

    Mumbai: The rupee on Wednesday lost 14 paise to register its three-week closing low of 60.37 against the dollar amid capital outflows and continuing demand for the US currency from oil refiners. At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed lower at 60.30 a dollar from the...
  • Sensex falls for 3rd day, loses 208 points as IT, realty stocks hit 16-04-2014 09:31 AM

    Mumbai: The BSE benchmark index Sensex fell for the third straight day by losing 208 points on increased profit selling by funds in IT, capital goods and realty stocks. The 30-share index dropped by 207.70 points, or 0.92 per cent, to close at 22,277.23 points. It had lost 230.40 points...
  • Infosys Q4 net profit up 24.9 per cent to Rs 2,992 crore 15-04-2014 09:39 AM

    Mumbai: Infosys, India's second largest software services exporter, beat the street by reporting fourth quarter (January-March) net profit at Rs 2,992 crore, up 4 percent compared to previous quarter in FY14. However, revenues fell 1.15 percent to Rs 12,875 crore as against Rs 13,026 crore on sequential basis. Analysts had...
  • Rupee loses 10 paise against dollar 11-04-2014 11:10 AM

    Mumbai: The rupee on Friday lost 10 paise to end the day at 60.17 against the dollar in line with fall in local stocks, amid fresh dollar demand from importers. Dollar gaining strength in overseas markets also hit the local currency, forex dealers said. The dollar index was up by...
  • Rupee ends higher by 7 paise at 60.07 against the US dollar 10-04-2014 11:30 AM

    Mumbai: The rupee on Thursday gained 7 paise to settle the day at 60.07 against the dollar which quoted lower in overseas markets on hints that the Fed Reserve may keep interest rates low. Fresh selling of greenback by exporters and banks also aided the rupee to record gains, forex...
  • Rupee recovers 26 paise vs dollar in early trade 09-04-2014 09:56 AM

    Mumbai: The rupee on Wednesday appreciated by 26 paise to 59.85 against the dollar in early trade at the Interbank Foreign Exchange amidst IMF's forecast of improved growth prospects for India. Besides, a higher opening in the domestic equity market and strengthening of other Asian currencies against the dollar overseas...
  • Rupee up 29 paise against dollar in early trade 07-04-2014 09:52 AM

    Mumbai: The rupee appreciated by 29 paise to trade at 59.79 against the US dollar in early trade on Monday on selling of the American currency by banks. Forex dealers said sustained foreign capital inflows also supported the rupee but a lower opening in the domestic equity market and dollar...
  • Rupee ends 26 paise lower against US dollar; back in 60 levels 03-04-2014 10:00 AM

    Mumbai: The rupee on Thursday dropped 26 paise to close at 60.16 against the dollar on fresh dollar demand from banks and importers in view of the US currency gaining in overseas markets and weakness in local equities. Forex dealers, however, said foreign capital inflows seemed persisting and this capped...
  • Exclusive: Not worried about rupee overvaluation right now, says Rajan 02-04-2014 02:41 PM

    Mumbai: Reserve Bank of India governor Raghuram Rajan said he was not worried about rupee overvaluation for now. Strong foreign fund inflows over the last couple of months have lifted the rupee to an 8-month high, stoking concerns that India's exports could become uncompetitive. "When we were at 60/$, people...
  • Rupee closes at 59.90 vs US dollar 02-04-2014 10:28 AM

    Mumbai: The rupee on Wednesday ended flat at 59.90 against the dollar after surrendering initial gains on mild dollar selling by exporters. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced higher at 59.80 a dollar from last weekend's close of 59.91. It shot up further to touch...
  • 14-year-old Indian boy tells US how to save $400 mn by changing font 30-03-2014 11:16 AM

    New York: A 14-year-old Indian-origin boy has come up with an unique plan that could help the US save nearly $400 million a year by merely changing the font used on official documents. Suvir Mirchandani, a student in a Pittsburgh-area middle school, claimed that if the federal government used the...
  • Nifty ends tad below 6700, rupee gains; SBI leads 28-03-2014 10:15 AM

    Mumbai: Both the Nifty, Sensex ended at record closing high. Nifty hit intra-day record high of 6701.6 while the Sensex hit intra-day record high of 22,364. Bank Nifty up for fifth day in a row, gained up to 1.2 per cent. NSE cash volume at Rs 13,614 crore on first...
  • Rupee below 60 per dollar for first time in eight months 28-03-2014 09:53 AM

    Mumbai: Continuing its rising streak, the rupee on Friday strengthened to below 60 level at 59.90 for the first time since July 2013 against the US dollar in late afternoon trade on sustained foreign fund flows. Dealers said sustained selling of the American currency by banks and exporters and ongoing...
  • Rupee opens at 60.24 per dollar, down 11 paise 27-03-2014 09:27 AM

    Mumbai: The Indian rupee opened marginally lower in early trade on Thursday. It slipped 11 paise to 60.24 per dollar versus Wednesday's closing value of 60.13 a dollar. Mohan Shenoi of Kotak Mahindra Bank said, "Risk-on in global markets is resulting in FII flows into India keeping rupee well supported....
  • Rupee gains 34 paise to end at 8-month high against dollar 26-03-2014 06:19 PM

    Mumbai: In line with rising local equities, the rupee on Wednesday firmed up by 34 paise to close at eighth-month high of 60.14 against the dollar on sustained capital inflows. Dollar selling by exporters and some banks also aided the rupee surge, a forex dealer said. At the Interbank Foreign...
  • Rupee up 23 paise against dollar in early trade 25-03-2014 10:39 AM

    Mumbai: Extending its rising streak, the rupee opened 23 paise up to trade at 60.54 against the US dollar today on heavy capital inflows. Dealers said sustained selling of the American currency by banks and exporters also supported the rupee but a lower opening of the domestic equity market and...
  • Rupee slumps 39 paise to end at 61.34 Vs US dollar 20-03-2014 09:48 AM

    Mumbai: The rupee on Thursday depreciated 39 paise, logging its biggest daily loss in nearly two months, to end at 61.34 versus the dollar on fears of capital outflows from emerging markets after Federal Reserve chief signalled a sooner than expected hike in US benchmark interest rates. On Wednesday night,...
  • Rupee ends 24 paise higher at 60.95 against the US dollar 19-03-2014 09:46 AM

    Mumbai: The rupee on Wednesday appreciated 24 paise to close at a nearly one-week high of 60.95 against the dollar following selling of the US currency by exporters and some banks, amid sustained heavy capital inflows. The local currency that logged its best daily gain since March 6 seemed unperturbed...
  • Rupee up 22 paise against dollar in early trade 18-03-2014 09:39 AM

    Mumbai: The rupee gained 22 paise to 60.97 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market on increased selling of the US currency by exporters amid a higher opening in the domestic equity market. Besides, the WPI inflation that eased to a nine-month low...
  • Nifty ends above 6500 after tough tussle; MCX slumps 4 per cent 14-03-2014 09:46 AM

    Mumbai: It was a tough tussle for the bulls on Dalal Street, but the market managed to end in green. The Nifty closed up 11.10 points at 6504.20 and the Sensex was up 35.19 points at 21809.80. About 1200 shares advanced, 1534 shares declined, and 144 shares were unchanged. Capital...
  • Rupee ends 2 paise lower at 61.19 against dollar 14-03-2014 09:43 AM

    Mumbai: In volatile trade, the rupee on Friday lost two paise to end the day at 61.19 against the dollar amid tension in Ukraine ahead of a weekend referendum prompting investors to exit from riskier markets. Late dollar demand from importers also weighed on the rupee, a forex dealer said,...
  • Rupee closes higher by 5 paise at 61.17 against US dollar 13-03-2014 09:23 AM

    Mumbai: The rupee closed higher by 5 paise or 0.08 per cent at 61.17 against the US dollar on Thursday. Earlier in the day, the Indian rupee opened higher at 61.02 per dollar on Thursday as against previous day's closing value of 61.22 a dollar. It immediately breached 61 level...
  • Rupee down 18 paise, opens at 61.12 vs US dollar 12-03-2014 09:36 AM

    Mumbai: The Indian rupee declined in early trade on Wednesday. It opened lower by 18 paise at 61.12 per dollar as against 60.94 a dollar Tuesday. Rohini Malkani of Citi said continued compression in current account deficit (CAD) coupled with a pick-up in capital flows has created a constructive balance...
  • Sensex recovers by 29 points, closes at 21,856.22 12-03-2014 09:27 AM

    Mumbai: The BSE benchmark index Sensex on Wednesday recovered by 29 points in a volatile trade on selective buying in pharma, FMCG and banking stocks even as global markets remained weak on concerns over China's growth. The 30-share index, which had lost 108.41 points in the previous session, rose by...
  • Rupee closes down by nine paise against US dollar 11-03-2014 09:46 AM

    Mumbai: The rupee closed down by nine paise against the US dollar on Tuesday. Earlier in the day, the rupee strengthened by 20 paise to trade at over seven-month high of 60.65 against the US dollar on Tuesday on heavy capital inflows amid a higher opening in the equity market....
  • Rupee closes 22 paise up, at 60.85 vs US dollar 10-03-2014 10:31 AM

    Mumbai: Rising for the fifth day in a row, the rupee on Monday appreciated 22 paise against the US dollar to end at an over seven-month high level of 60.85 on heavy capital inflows into equities that surged to a fresh record. Sustained dollar selling by exporters and some banks...
  • Sensex soars 406 points to end at a new closing high 07-03-2014 09:33 AM

    Mumbai: The Nifty on Friday ended at a record closing of 6526.65, after hitting a new high of 6538 intra-day. The Sensex too ended at a closing high of 21919.79, after hitting a peak of 21961. The situation is quite different from the upswing last December ahead of state elections...
  • Rupee closes higher by 64 paise at 61.11 vs US dollar 06-03-2014 09:24 AM

    Mumbai: The rupee on Thursday zoomed 64 paise to end at almost a three-month high of 61.11 against the US dollar enthused by a narrowing current account deficit (CAD) and domestic stock indices logging new peaks. Continued foreign funds inflow and persistent dollar selling by exporters and some banks also...