Foreign

  • Rupee gains on foreign flows, but falls for the week 12 hours 0 minutes ago

    Mumbai: The rupee rose for a fourth consecutive session on Friday, boosted by strong foreign fund flows into markets, although the local currency fell against the dollar for the week, in line with losses in other emerging Asian currencies. Scotland's decision to stay in the United Kingdom also eased investor concerns...
  • Rupee gains for 3rd day, rises 8 paise vs USD to end at 60.84 Yesterday

    Mumbai: Rebounding from one-month lows, the Indian rupee on Thursday ended eight paise higher at 60.84 against the greenback following late dollar selling by exporters and a strong rally in local shares. A fall in dollar value abroad against major rivals also helped rupee recover from early losses as US Federal...
  • Rupee jumps 13 paisa vs dollar ahead of US Fed policy meet outcome 2 days ago

    Mumbai: The Indian rupee appreciated for the second day in a row and ended 13 paise higher at 60.92 against the Greenback following sustained dollar selling by exporters ahead of a decision on US interest rates by Federal Reserve. A weak dollar overseas also aided the rupee rise while fresh sell-off...
  • India and China look to put knotty relations on new footing 2 days ago

    Ahmedabad: The electricity board in this Indian city has been instructed to avoid any power cuts and officials have been told to have their shoes polished and their shirts tucked in, nothing has been left to chance for this week's visit by Chinese President Xi Jinping. India's new Prime Minister, Narendra...
  • Rupee up 11 paise against dollar in early trade 3 days ago

    Mumbai: The rupee recovered from over one-month low by rising 11 paise to 61.02 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market on selling of the American currency by exporters and banks. Forex dealers said besides fresh selling of the American currency by exporters and...
  • Rupee tanks 48 paise to 1-month low of 61.13 vs US dollar 4 days ago

    Mumbai: The Indian rupee on Monday plunged 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback following fresh dollar demand from importers and negative cues from local equities. A strong surge in dollar overseas also kept the rupee...
  • Britain verifying video of aid worker's beheading by ISIS 5 days ago

    London: The UK foreign office said on Saturday it was "working urgently to verify" a video purporting to show beheading of a British hostage by the Sunni militant group Islamic State (IS) in Syria, media reported. The foreign office said that it was trying to confirm the authenticity of the video...
  • India's foreign reserves down $1.32 billion 6 days ago

    Mumbai: India's foreign exchange reserves fell by $1.32 billion to $317.31 billion for the week ended September 5, Reserve Bank of India (RBI) data showed. The reserves had grown by $60.5 million to $318.64 billion for the week ended August 29. According to the RBI's weekly statistical supplement, foreign currency assets,...
  • Barack Obama appoints India-American to key administration post September 10, 2014

    Washington: US President Barack Obama has appointed another Indian-American to a key administration post as member of prestigious J William Fulbright Foreign Scholarship Board. Obama announced Maneesh K Goyal's appointment and other key administration posts, the White House said in a statement. "These men and women have demonstrated knowledge and dedication throughout...
  • China's President Xi to make his first visit to India September 9, 2014

    Beijing: Chinese President Xi Jinping will make his first visit to India as head of state on a regional visit starting this week which will also take in Sri Lanka, the Maldives and Tajikistan, the Foreign Ministry said on Tuesday. Xi will begin his trip in Tajikistan where he will attend...
  • Hamas rejects plan to deploy international force in Gaza September 7, 2014

    Jerusalem: Hamas has rejected a plan by Israel's foreign ministry to deploy international troops in the Gaza Strip, a media report said on Sunday. "Hamas will deal with any international troops as a new occupation force," the Jerusalem Post quoted Hamas representative Ismail Radwan as saying. "The international parties should work toward...
  • German foreign minister on India visit, to meet Narendra Modi September 6, 2014

    New Delhi: German Foreign Minister Frank-Walter Steinmeier will reach Delhi on Saturday evening for a September 6 to 8 visit. During the visit he will hold talks with Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj, said an official statement from the German embassy. Steinmeier, accompanied by a high-level business...
  • Rupee at 2 week low of 60.68 on sustained dollar demand September 2, 2014

    Mumbai: The rupee hit two-week closing low of 60.68 by losing 15 paise against the dollar on consistent demand for the US currency from importers and some banks on strong global cues, continuing its downward trend for the fourth straight session. The dollar gaining strength against its rivals mainly weighed...
  • Government notifies FDI liberalisation in Railways August 27, 2014

    New Delhi: The government on Wednesday notified the liberalised Foreign Direct Investment norms for the Railways, permitting 100 per cent FDI through automatic route in several areas, including high speed trains. Other segments of the Railways in which FDI will be allowed include suburban corridor projects through Public Private Partnership (PPP),...
  • Modi's 100 days in power: A look at PM's foreign policies August 25, 2014

    New Delhi: The National Democratic Alliance government led by Prime Minister Narendra Modi has completed 100 days in power on Monday. PM Narendra Modi began his tenure with a diplomatic coup of sorts, securing the attendance of all South Asian Association for Regional Cooperation (SAARC) heads of states and Mauritius...
  • Cancellation of talks with India setback to ties: Pakistan August 18, 2014

    Islamabad: Describing the cancellation of next week's Foreign Secretary-level talks as a "setback" to Indo-Pak ties, Pakistan today defended its consultations with Kashmiri separatists, saying it was a "long-standing practice" to hold such meetings prior to bilateral parleys. "The Indian decision is a setback to the efforts by our leadership to...
  • Is Centre's decision to scrap Pak talks a knee-jerk reaction? August 18, 2014

    India on Monday called off its Foreign Secretary-level talks with Pakistan, sending a strong message to the country after its envoy held an hour-long meeting with Kashmiri separatist leaders in Delhi despite a warning by India against it. CNN-IBN takes views from across across the country over the Indo-Pak talks. ...
  • India calls off talks after Pakistan envoy meets Kashmiri separatist leaders August 18, 2014

    New Delhi: India on Monday called off its Foreign Secretary-level talks with Pakistan, sending a strong message to the country after its envoy held an hour-long meeting with Kashmiri separatist leaders in Delhi despite a warning by India against it. Facing flak from the Opposition Congress over continuing ceasefire violations by...
  • Aircel-Maxis case: CBI planning to question Finance Ministry officials August 17, 2014

    New Delhi: CBI is mulling questioning some officials of the Finance Ministry who were part of Foreign Investment Promotion Board (FIPB) clearance process given to Aircel-Maxis deal even as it plans to file the first charge sheet in the matter this week. Making it clear that no suspects have been identified...
  • Rupee down most in a week vs US dollar to end at 61.21 as inflation rises August 13, 2014

    Mumbai: The rupee on Wednesday fell 13 paise in its biggest drop in a week to end at 61.21 against the Greenback following fresh dollar demand from importers, amid uptick in retail inflation and slowing industrial production growth. However, better local equities and some capital inflows helped restrict the fall...
  • Rupee rises 9 paise to 1-week high of 61.08 vs US dollar August 12, 2014

    Mumbai: The Indian rupee on Tuesday rose by nine paise to end at one-week high of 61.08 against the greenback on fresh dollar selling by banks and exporters. The rupee resumed steady at 61.17 per dollar and hovered in a range of 61.07 and 61.22 per dollar before ending at...
  • Six criminals rob man of foreign currency, ornaments August 11, 2014

    Six unidentified persons looted cash including foreign currency and other valuables worth Rs 3 lakhs from a man who was returning to his native village in Muzaffarnagar from Saudi Arabia, police said. Six armed men came in a car and intercepted the victim Nafis' car on Delhi-Dehradun National highway near here yesterday,...
  • Rupee up 13 paise against dollar in early trade August 11, 2014

    Mumbai: The rupee strengthened by 13 paise to 61.02 against the dollar in early trade at the Interbank Foreign Exchange market on Monday on increased selling of the American currency by exporters and banks. Besides, the dollar's weakness against other currencies overseas and a higher opening in the domestic equity market...
  • FDI, UPSC CSAT rock Parliament, TMC, BSP demand discussion August 7, 2014

    New Delhi: Parliament was on Thursday rocked by the UPSC CSAT and FDI issues with the Bahujan Samaj Party and the Trinamool Congress demanding discussion on both the issues. While the UPSC CSAT issue still remains without a solution, the TMC raised objections to the government increase FDI in defence...
  • Philippines urges workers in Libya to leave while they can August 2, 2014

    Manila: The Philippines urged its thousands of workers in Libya on Saturday to leave the strife-torn nation now while they still can, warning that the remaining exit routes were closing fast. A ship chartered by Manila is set to sail from Malta in the coming days to pick up Filipinos...
  • 'You don't need to carry your own toilet paper to Delhi. Poverty selfie isn't cool at all': 10 valuable pieces of advice no one gives to foreign tourists travelling to India but should August 1, 2014

    A Reddit thread by foreigners asking for advice before they travelled to India threw up some pretty interesting things.There is no point in outraging over and dramaticizing the ignorance foreigners often show about Indian customs. Many of their concerns are real. If you travelled to Africa, you would be apprehensive...
  • Nearly 6,000 Indians languishing in foreign jails July 31, 2014

    New Delhi: Nearly 6,000 Indians are currently languishing in foreign jails with maximum of 1,400 being lodged in Saudi Arabia, government said on Thursday. Replying to a question in Rajya Sabha, External Affairs Minister Sushma Swaraj, who also looks after the Overseas Indian Affairs Ministry, said a total of 5,986...
  • Rupee rises 7 paise Vs US dollar to end at over 2-week high of 60.06 July 30, 2014

    Mumbai: In line with the recovery in local equities, the Indian rupee on Wednesday washed out early losses and closed up by seven paise at over two-week high of 60.06 against the greenback. Fresh dollar selling by exporters too aided the rupee rise while a firm dollar overseas capped the...
  • Rupee slips by 3 paise to nearly 1-week low of 60.13 vs dollar July 28, 2014

    Mumbai: The rupee on Monday ended lower by 3 paise to end at nearly a one-week low of 60.13 against the American currency on month-end dollar demand from importers and banks. The rupee resumed lower at 60.12 per dollar as against the last weekend's level of 60.10 per dollar at the...
  • John Kerry to deliver major foreign policy speech on India July 27, 2014

    Washington:Laying out a roadmap of long-term strategic partnership between the largest and oldest democratic countries, US Secretary of States John Kerry will deliver a major foreign policy speech on India. Kerry, will underscore the shared prosperity, democratic values, and security that a strong US-India partnership brings to Asia and to the...