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Wall St gains, dollar declines as extraordinary year winds down
Thu, Dec 31, 2020
Wall Street edged higher and the dollar dipped to its lowest in more than two years on Wednesday, the penultimate trading day in a remarkable year of pandemic, recession and recovery.
Currency Futures: Know the daily, weekly outlook, trading strategy for USDINR futures, spot from experts
Thu, Dec 03, 2020
After appreciating in the past few sessions rupee came under some pressure against the USD primarily on the back of short covering. However, the near term situation for INR is likely to remain strong, Senior Technical Analyst Anuj Gupta said adding that the Indian Equity markets have been trading strongly helping the cause of the Indian rupee
Currency Futures: Know the outlook, trading strategy from experts
Tue, Dec 01, 2020
The Indian stock markets have been in a buoyant mood helping the cause of the Indian Rupee (INR), Senior Technical Analyst Anuj Gupta said. Gupta, who is a Deputy Vice President, Commodity and Currency Research at Angel Broking said that the rupee is expected to gain from here
Stocks seen buoyant, dollar likely to extend losses
Mon, Nov 09, 2020
Stocks are expected to stay buoyant on Monday while the dollar is seen likely to extend its downward trend as Democrat Joe Biden won the U.S. presidential election in a move that analysts say would prop up risk assets
Gold prices gain on weaker dollar, U.S. stimulus hopes
Wed, Oct 21, 2020
Gold prices rose on Wednesday, propped up by a softer dollar and increasing hopes for a new U.S. coronavirus relief package ahead of the November elections
Rupee settles 9 paise higher at 73.24 against US dollar
Thu, Oct 08, 2020
The rupee strengthened by 9 paise to close at 73.24 against the US dollar on Thursday, supported by positive domestic equities and weak American currency
Rupee depreciates 26 paise to 73.83 against US dollar in early trade
Thu, Sep 24, 2020
The rupee depreciated 26 paise to 73.83 against the US dollar in opening trade on Thursday as selloff in domestic equities and significant foreign fund outflows weighed on investor sentiment
Rupee gains 6 paise against US dollar in early trade
Wed, Sep 23, 2020
The rupee appreciated 6 paise to 73.52 against the US dollar in opening trade on Wednesday, as gains in domestic equity market boosted investor confidence
Rupee settles 7 paise higher at 73.38 against US dollar
Mon, Sep 21, 2020
The rupee strengthened 7 paise and closed at 73.38 (provisional) against the US dollar on Monday, even as the domestic equity market traded with significant losses
Gold gains as tepid dollar, virus-induced curbs lift appeal
Mon, Sep 21, 2020
Gold prices edged higher on Monday, propped up by a softer dollar while fresh coronavirus-induced curbs globally dented hopes of a swift economic recovery, with investor focus on speeches by Federal Reserve policymakers due this week
Rupee slips 9 paise to 69.89 vs USD in early trade
Mon, Jun 17, 2019
The rupee depreciated by 9 paise to 69.89 against the US dollar in early trade Monday on weak opening in domestic equities and rising crude oil prices.
Iron ore prices in India may rise 3-4 pc in 2019: Report
Wed, Feb 27, 2019
Global iron ore prices, the rating agency said, have surged 30 per cent to USD 90 per tonne as of February 2019 from USD 69 per tonne in December 2018 because of supply disruption at Vale's mines in Brazil, which account for 90 per cent of the country's production of high-grade ore.
Rupee gains 2 paise to 71.22 vs US Dollar
Fri, Feb 22, 2019
Foreign institutional investors (FIIs) net bought equities worth Rs 55 crore Thursday while domestic institutional investors bought shares to the tune of Rs 202 crore, provisional data showed.
Rupee rises 3 paise to 71.31 vs US dollar
Wed, Feb 20, 2019
Foreign institutional investors (FIIs) remained in sell-off mode, offloading shares worth a net Rs 813.76 crore Tuesday, while domestic institutional investors (DIIs) bought equities to the tune of Rs 1,163.85 crore, provisional data showed.
Indian Rupee slips 25 paise to 71.36 vs US Dollar in early trade
Wed, Jan 30, 2019
At the Interbank Foreign Exchange, the rupee opened on a weak note at 71.34 then fell further to 71.36 against the US dollar, showing a decline of 25 paise over its previous closing.
Indian Oil Corporation to raise USD 3 bn more in overseas loan
Wed, Jan 16, 2019
"The three OMCs (oil marketing companies) were allowed to raise USD 10 billion and we reckon our share of that would be around USD 5 billion," he said. "We will certainly look at opportunities to raise overseas funds."
US dollar falls as concerns over further slowdown build up
Fri, Dec 21, 2018
In its policy statement on Wednesday, the Federal Open Market Committee stressed they "will continue to monitor global economic and financial developments and assess their implications for the economic outlook."
India Inc's Jan-Jul deal tally at USD 74 bn: Report
Fri, Aug 10, 2018
Corporate India announced merger and acquisition deals worth USD 8.7 billion in July this year, following which the deal tally for the first seven months of this year stood at USD 74.16 billion, says a report.
Gold imports rise 22% to USD 33.65 billion in 2017-18
Fri, Jul 27, 2018
Increase in gold imports pushed the country's trade deficit to USD 157 billion in the last fiscal, an increase of about 45 per cent as compared to the year ago period.
Lupin launches plaque psoriasis treatment spray in US market
Fri, Jul 27, 2018
Drug major Lupin today announced the launch of Desoximetasone Topical Spray, used for treatment of plaque psoriasis, in the US market.