Foreigners

  • Rupee gains 14 paise against dollar at 61.61 -277331664 minutes ago

    Mumbai: Mumbai: Recovering from nearly seven-month low level, the rupee on Wednesday closed 14 paise higher at 61.61 against the US currency amid fresh dollar selling by exporters and some banks ahead of long weekend holidays. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 61.92 and...
  • Rupee loses 22 paise to end at 7 month low of 61.75 against dollar 2 days ago

    Mumbai: The rupee on Tuesday lost 22 paise to end at almost seven-month low of 61.75 against the dollar as month-end demand for the US currency from oil importers weighed on the local unit. Sluggish local equities after the Reserve Bank on Tuesday kept key rates unchanged in its monetary policy...
  • Modi cautions US against hasty troop withdrawal from Afghanistan -1307660304 minutes ago

    New York: Hours ahead of his dinner with President Barack Obama, Prime Minister Narendra Modi on Monday cautioned the US against hasty withdrawal of its troops from Afghanistan, citing the mistakes it has committed while pulling out from Iraq. Modi told the Council on Foreign Relations that India and the...
  • Terrorism in India not homegrown but exported from outside, says PM Modi in New York -1338165264 minutes ago

    New York: Emphasing on the menace and the treat of terrorism in the world, Prime Minister Narendra Modi in his address to US thinktank Council on Foreign Relations (CFR) in New York said that terrorism in India is not home-grown but exported from outside. He rejected any distinction between good...
  • Modi woos US CEOs, says India open-minded, wants change -1728945264 minutes ago

    New York: After addressing UN General Assembly on Saturday and Indian-American communities at Madison Square Garden on Sunday, Prime Minister Narendra Modi on Monday met top executives of American companies in New York. India is open-minded and wants change, Prime Minister Narendra Modi said on Monday during the Breakfast meeting. "India...
  • Rupee down 25 paise against dollar in early trade 3 days ago

    Mumbai: The rupee depreciated by 25 paise to 61.40 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to month-end demand for the US currency from importers amid a weak opening in the domestic equity market. Forex dealers said besides the dollar's gains against other...
  • Rupee breaks 4-day losing trend; ends 19 paise higher Vs US dollar 6 days ago

    Mumbai: Snapping four days of losing streak, the rupee today recovered by 19 paise to close at 61.15 against the dollar in tune with local equities. Forex dealers said late selling of US currency by exporters and some banks helped the domestic unit to rise. At the Interbank Foreign Exchange (Forex)...
  • Rupee down 5 paise against dollar in early trade 1 week ago

    Mumbai: Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange market on high demand for the American currency from importers. Forex dealers said though increased demand for the US...
  • Rupee gains on foreign flows, but falls for the week September 19, 2014

    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 September 18, 2014

    Mumbai: Rebounding from onemonth 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 September 17, 2014

    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 selloff...
  • India and China look to put knotty relations on new footing September 17, 2014

    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 September 16, 2014

    Mumbai: The rupee recovered from over onemonth 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 1month low of 61.13 vs US dollar September 16, 2014

    Mumbai: The Indian rupee on Monday plunged 48 paise, logging its biggest fall in more than five weeks, to close at over onemonth 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 September 14, 2014

    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 September 13, 2014

    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 IndiaAmerican to key administration post September 10, 2014

    Washington: US President Barack Obama has appointed another IndianAmerican 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 FrankWalter 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 highlevel business...
  • Rupee at 2 week low of 60.68 on sustained dollar demand September 2, 2014

    Mumbai: The rupee hit twoweek 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 Secretarylevel talks as a "setback" to IndoPak ties, Pakistan today defended its consultations with Kashmiri separatists, saying it was a "longstanding 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 kneejerk reaction? August 18, 2014

    India on Monday called off its Foreign Secretarylevel talks with Pakistan, sending a strong message to the country after its envoy held an hourlong meeting with Kashmiri separatist leaders in Delhi despite a warning by India against it. CNNIBN takes views from across across the country over the IndoPak talks. ...
  • India calls off talks after Pakistan envoy meets Kashmiri separatist leaders August 18, 2014

    New Delhi: India on Monday called off its Foreign Secretarylevel talks with Pakistan, sending a strong message to the country after its envoy held an hourlong 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...
  • AircelMaxis 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 AircelMaxis 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 1week high of 61.08 vs US dollar August 12, 2014

    Mumbai: The Indian rupee on Tuesday rose by nine paise to end at oneweek 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 Muzaffarnagarfrom Saudi Arabia, police said. Six armed men came in a car and intercepted the victim Nafis' car on DelhiDehradun National highway near here yesterday,...