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  • Mon Jul 24 2017 14:07:09 GMT+0530 (IST)
  • Cash withdrawal limit from ATMs increased to Rs 4,500 per day

    In a major relief for the common man, Reserve Bank of India (RBI) increased the daily limit of ATM withdrawal to Rs 4500 from current Rs 2500 with effective from January 1, 2017.RBI in a notification issued has said that there has been no change in the weekly withdrawal limit, which stands at Rs 24,...

    Rupee gains 6 paise against dollar in early trade

    The rupee strengthened by six paise to 61.34 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange on selling of the US currency by exporters and banks amidst sustained capital inflows. The rupee settled four paise down at 61.40 against the dollar on Monday. Forex mar...

    Rupee falls nine paise Vs US dollar to end at 60.56

    Rupee fell nine paise on Monday to close at 60.56 against the Greenback on late profit booking in local equities and fresh dollar demand from oil importers. However, sustained capital inflows and a weak dollar overseas limited the rupee fall, a forex dealer said. At the Interbank Foreign Exchange ...

    Rupee rises 12 paise against dollar in early trade

    Extending its rising streak for the second straight session, the rupee strengthened by 12 paise to trade at 60.12 against the US dollar in early trade on Wednesday on sustained foreign capital inflows. Increased selling of dollars by banks and exporters amid sustained foreign capital inflows also s...

    Def Min suggests 49 pc FDI in defence sector

    Def Min suggests 49 pc FDI in defence sector

    The Defence Ministry has suggested raising the cap in FDI in defence sector to 49 percent from 26 percent now to help in developing partnerships between Indian and foreign military hardware manufacturing firms.The Ministry is in favour of allowing 49 percent FDI in defence sector through the approva...

    Herbalife organizes sapling plantation drive to commemorate World Environment Day

    Herbalife organizes sapling plantation drive to commemorate World Environment Day

    Bangalore :Herbalife, a global nutrition company organized sapling plantation drive with their employees, Independent distributors and children from Smile Foundation* to commemorate World Environment Day. The drive was initiated across five major cities – Mumbai, Delhi, Bangalore, Kolkata and...

    Rupee up 8 paise Vs dollar in early trade

    The rupee recovered by eight paise to 58.95 against the US currency in early trade on Friday on the Interbank Foreign Exchange market on dollar selling by exporters. Forex dealers said gains in other Asian currencies against the US dollar in the overseas market and a higher opening in the domestic ...

    Rupee not volatile, to remain range bound: Mayaram

    Rupee not volatile, to remain range bound: Mayaram

    With the rupee touching 11-month high against the US dollar, Finance Secretary Arvind Mayaram on Monday said the domestic currency is not volatile and would remain range bound. "Rupee will be range bound... It will neither become very strong nor weak, which is the strength of the rupee," Mayaram to...

    Rupee rises to 9-month closing high of 59.68 vs USD on inflows

    Tracking rising stocks, the rupee on Tuesday surged 37 paise to end at a nine-month high of 59.68 against the dollar on robust foreign capital inflows into equities after exit polls projected BJP-led NDA would form the next government at the Centre. Weakness of the dollar in the New York market als...

    Rupee recovers back from historic lows, ends FY14 with 10% loss

    Rupee recovers back from historic lows, ends FY14 with 10% loss

    The rupee has ended the fiscal with a loss of over 10 per cent against the US dollar, clawing back from its lifetime low hit in August and becoming one of the best performing Asian currencies. On the last trading session of this fiscal on March 28, the rupee ended at 59.91, an eight-month high. On ...

    Rupee at 3-month high, up 64 p Vs $ as CAD drops, stocks soar

    The rupee on Wednesday 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...

    Rupee down 11 paise against dollar in early trade

    Rupee down 11 paise against dollar in early trade

    The rupee lost 11 paise to 62.15 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange Market due to appreciation of the American currency against the euro and other currencies overseas. Downbeat figures of December quarter GDP data and increased demand for the dollar fr...

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