CURRENCY

  • Wipro staff to get shares worth over Rs 1 crore 4 days ago

    New Delhi: IT major Wipro on Wednesday announced allotment of 18,819 shares, worth about Rs one crore at the current market price, to eligible employees. The shares are being issued to the employees under the restricted stock unit plans of 2005 and 2007, the company said. "Administrative Committee...
  • Pakistani link to fake Indian currency exposed, Bangladeshi national held with Rs 2.5 crore fake currency 5 days ago

    Dhaka: Pakistan's links to fake Indian currency racket has been exposed with the arrest of a Bangladeshi national. The Bangladeshi national identified as Mohammad Sajjad Hossain was arrested at Dhaka airport on April 9 with fake Indian currency notes worth Rs 2.5 crore. Mohammad Sajjad Hossain was arrested when he...
  • Rupee recovers from 3-month low; up 6 paise against dollar 6 days ago

    Mumbai: The rupee recovered from more-than three months low of 63.15 in early trade on dollar selling by banks, believed to be on RBI instruction, to settle six paise higher at 62.85 against the US currency. Forex dealers said "there were inflows from FIIs and FPIs to buy Japanse drug major...
  • Rupee down 55 paise against dollar, logs biggest fall in 2015 1 week ago

    Mumbai: Logging its biggest fall of the year, the rupee on Monday plunged by 55 paise to close at over one-month low of 62.91 against the greenback amid sustained demand for dollars from importers. Meanwhile, the benchmark BSE Sensex stumbled by 555.89 points or 1.95 pct to end at three-week low...
  • Rupee rises for 2nd session, gains 6 paise vs dollar April 16, 2015

    Mumbai: The rupee continued to rule firm against the American currency for the second consecutive day by surging 6 paise to close at 62.30 on persistent selling of dollars by banks and exporters. A sustained foreign capital inflows into the equity market also boosted the domestic currency's value against the dollar,...
  • Rupee at one week low, falls 20 paise to 62.51 vs dollar April 13, 2015

    Mumbai: The rupee continued its downslide for the second session in a row, depreciating by 20 paise to close at more than one-week low of 62.51 against the greenback following sustained dollar demand from importers amid strong overseas demand. However, smart rise in local equities amid sustained capital inflows tried to...
  • Rupee snaps 2-day gains vs US dollar; falls 7 paise April 7, 2015

    Mumbai: The rupee snapped its two-day winning run against the American currency, slipping 7 paise to close at 62.26 on fresh dollar demand from banks and importers coupled with positive global cues. However, persistent foreign capital inflows into the equity markets restricted the rupee's fall against dollar, a forex dealer...
  • Rupee bounces back by 18 paise vs dollar, ends at 62.49 April 1, 2015

    Mumbai: The rupee ended the fiscal on a positive note by rising 18 paise to 62.49 against the American currency on Wednesday on selling of dollars by banks and exporters on expectation of resumption of foreign capital inflows into equity market. The Indian currency had ended the last fiscal year at...
  • Nasdaq to provide technology for trading bitcoins: Report March 24, 2015

    Bangalore: Nasdaq OMX Group Inc agreed to provide a startup the core technology to power a marketplace for trading bitcoins and related digital-currency assets, the Wall Street Journal reported. New York-based startup Noble Markets will use Nasdaq's X-stream trading system, which is used by more than 30 exchanges and marketplaces worldwide,...
  • Rupee ends at 62.26 vs dollar; logs longest run of gains since 2011 March 24, 2015

    Mumbai: The Indian rupee on Tuesday inched up by a paisa against the American currency to end at 62.26, extending its winning streak to seventh straight session, the longest string of gains since June 2011. The rupee opened higher at 62.20 per dollar as against Monday's closing level of 62.27 per...
  • Rupee strengthens by 11 paise against US dollar ahead of US Fed meet March 17, 2015

    Mumbai: The Indian rupee on Monday extended gains for the second consecutive session, rising 11 paise against the American currency to 62.70 amid a good show by stocks and on selling of dollars by banks and exporters ahead of the two-day US Fed monetary policy meet. At the Interbank Foreign...
  • Rupee falls 5 paise against US dollar, ends at 61.92 March 3, 2015

    Mumbai: Continued its slide for the third straight session, the Indian rupee on Tuesday fell 5 paise to end at 61.92 against the Greenback following sustained demand for the American currency from importers and a better dollar in overseas trades. Widening fiscal deficit, which rose to Rs 5.68 lakh crore...
  • Rupee weakens four paise against US dollar March 2, 2015

    Mumbai: Bucking the uptrend in stocks, the Indian rupee on Monday weakened four paise to finish at 61.87 against the US dollar due to sustained demand for the American currency from banks and importers. Some caution adopted by participants ahead of core sector data outcome also impacted sentiments, said forex brokers. The...
  • Rupee bounces back by 11 paise against US dollar, ends at 62.20 February 24, 2015

    Mumbai: The rupee recouped by 11 paise to close at 62.20 against the US currency on fresh selling of the dollar by banks and exporters on hopes of more foreign capital inflows into equity market. The rupee resumed higher at 62.25 per dollar as against the last close of 62.31...
  • Bullet News: Catch the day's top stories February 19, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Palki S Upadhyay February 19, 2015

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • News 360: Bank note goof-up; currency printed using defective security thread February 19, 2015

    In a major security breach that could embarrass the previous Congress-United Progressive Alliance government, an internal enquiry report has revealed that certain security features were allegedly compromised during the printing of Indian currency, and the lapses were kept under wraps by senior officials working under Ministry of Finance. The incident...
  • Major lapses in currency printing kept under wraps, UPA government ignored national security February 19, 2015

    In a major security breach that could embarrass the previous Congress-United Progressive Alliance government, an internal enquiry report has revealed that certain security features were allegedly compromised during the printing of Indian currency, and the lapses were kept under wraps by senior officials working under Ministry of Finance. The incident...
  • Rupee snaps two-session uptrend vs US dollar, down 18 paise February 18, 2015

    Mumbai: The Indian rupee snapped its two-session uptrend against the American currency on Wednesday, falling 18 paise to close at 62.34 on fresh dollar demand from banks and importers. The dollar was trading up in global markets on caution ahead of the US Federal Reserve's January policy meeting minutes release. The rupee...
  • Rupee ends higher for the 2nd consecutive day vs US dolla, up 3 paise February 16, 2015

    Mumbai: The rupee on Monday ended higher for the second consecutive day, moving up by another 3 paise to close at 62.16 against the dollar on continued selling of the US currency by banks and exporters. The rupee resumed higher at 62.15 per dollar as...
  • RBI to soon put one rupee notes in circulation again February 14, 2015

    Mumbai: After a gap of about two decades, the RBI will again put in circulation rupee one notes soon. Printing of one rupee note was discontinued about 20 years ago. "These currency notes are legal tender as provided in the Coinage Act 2011. The existing currency notes in this denomination...
  • Rupee ends at nearly 4-week low of 62.17 vs dollar February 9, 2015

    Mumbai: Snapping its two-day gains, the rupee on Monday declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency due to capital outflows and fresh dollar demand from banks and importers. Persistent fall in equity markets and a strong dollar...
  • Rupee gains 13 paise to end at nearly 1-week high vs US dollar February 3, 2015

    Mumbai: Bucking the weak trend in stocks, Indian rupee on Tuesday strengthened 13 paise to end at nearly one-week high of 61.67 against the greenback on persistent selling of dollars by banks and exporters on a day the RBI kept interest rates unchanged. The rupee opened higher at 61.65 per...
  • Rupee edges higher against US dollar at 61.41 January 27, 2015

    Mumbai: The Indian rupee on Tuesday ended marginally higher against the American currency at 61.41 amid volatile trading on the back of a higher dollar overseas. Earlier, the rupee resumed lower at 61.50 per dollar as against last Friday's close of 61.42 at the Interbank Foreign Exchange market. It then declined...
  • Rupee gains 9 paise against dollar in early trade January 21, 2015

    Mumbai: The rupee strengthened by 9 paise to 61.60 against the US dollar in early trade, extending its rising streak for the fifth straight day at the Interbank Foreign Exchange on selling of the US currency by exporters and banks. The rupee settled two paise higher at 61.69 against the...
  • Rupee rises to over 1-month high, up 19 paise Vs US dollar at 61.87 January 16, 2015

    Mumbai: The Indian rupee on Friday appreciated for the second straight session and rose 19 paise to log its over one-month closing high of 61.87 against the Greenback following sustained dollar selling by exporters and capital inflows in local shares. However, a strong dollar overseas after Switzerland's unexpected move to lift...
  • Rupee snaps five-day uptrend vs US dollar January 14, 2015

    Mumbai: The Indian rupee on Wednesday snapped its five-day uptrend against the greenback, ending four paise lower at 62.18 on fresh dollar demand from banks and importers in view of fall in crude oil prices. The rupee resumed higher at 62.08 per dollar as against the last closing level of 62.14...
  • Rupee up 9 paise against dollar in early trade January 8, 2015

    Mumbai: The rupee strengthened by 9 paise to 63.08 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency amid a higher opening in domestic equity market. Forex dealers said besides continued selling of the American currency by exporters and banks, a higher...
  • Rupee logs best gain in 3 weeks, up 40 paise vs US dollar January 7, 2015

    Mumbai: Bucking the weak trend in stocks, the Indian rupee on Wednesday bounced back by 40 paise in its sharpest single-day gain in three weeks to end at 63.17 against the Greenback on fresh dollar selling by exporters and some banks. Besides, talk of foreigners buying domestic debt also helped the...
  • Rupee falls 16 paise Vs US dollar to over one-week low on weak stocks January 6, 2015

    Mumbai: Tracking a steep fall in local share market, the Indian rupee on Tuesday washed out initial gains and ended with a loss of 16 paise at over-one week low of 63.57 against the Greenback. Besides, the euro sank against the dollar to the lowest level in nearly nine years...