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- G-20 summit: Manmohan Singh arrives in Washington
Washington: Prime Minister Manmohan Singh arrived the US capital today to take part in a summit of the world's 20 biggest economies to consider ways of checking the global financial crisis and ....
- RBI slashes CRR, repo rate and SLR
New Delhi: In a move to ease the liquidity crunch hampering the India market, the Reserve Bank of India today slashed the cash reserve ratio (CRR) by 100 basis points to 5.5%, in two stages, in....
- Chidambaram holds meeting on financial turmoil
New Delhi: Ahead of a meeting among world leaders in Washington next month on the global financial crisis, Finance Minister P Chidambaram met with key policy makers and monetary experts in the ....
- Money-laundering laws to cover casinos, VISA
New Delhi: Money changers, money transfer service providers such as Western Union and credit card payment gateways like VISA and MasterCard will now come under the ambit of India's anti-money l....
- Rupee ends lower by 31 paise to 48.83/84 a dollar
Mumbai: The Indian rupee today dropped further by 31 paise to end at 48.83/84 against the greenback on sustained dollar demand from foreign banks amid a steep fall in Asian equity markets. Fore....
- Rupee down by 43 paise at 48.52/53 against a dollar
Mumbai: A sudden spurt in demand for US dollar today cut short the two-day winning stream of Indian rupee which closed the day at 48.52/53, weaker by 43 paise, against the greenback. Foreign Ex....
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India Inc appeals for Rs 1,000 bn liquidity
New Delhi: A day after the Indian government admitted that the global financial meltdown had caused liquidity problems in India, leading industry lobbies appealed to policymakers to inject Rs 1....
- Rupee down by 24 paise to 46.86 against US dollar
Mumbai: The Indian rupee today fell by 24 paise to 46.86 against the US dollar during morning trading on alternate bouts of dollar buying and selling by some corporates. In high volatility at t....
- Rupee down by 12 paise at 47.08 against a dollar
Mumbai: The Indian rupee once again today violated the 47-mark and was quoted lower by 12 paise at 47.08/09, against the US currency in late morning deals on the back of weakness in equity mark....
- Forex reserves swell to USD 291.97 billion
Mumbai: India's foreign exchange reserves jumped by USD 2.511 billion for the week ended September 19 to USD 291.972 billion from USD 289.461 billion despite dollar selling by the central bank ....
- Rupee weaker by 33 ps lower at 46.54 against a dollar
Mumbai: Sustained demand for the dollar further weakened the Indian rupee to 46.54/55, lower by 33 paise from its last close, against the greenback amidst a meltdown in global stock markets. Fo....
- Rupee dips by 21 paise to 46.42 a dollar in early trade
Mumbai: The Indian rupee fell by 21 paise to 46.42/43 against the greenback in morning trade today due to month-end dollar demand and sustained capital outflows amid weakening dollar overseas. ....
- Rupee eases by 6 paise against US dollar in early trade
Mumbai: After resuming on a steady note, the Indian rupee today reacted slightly downwards by six paise to 45.80/81 against the greenback in late morning deals. In lacklustre trade at the Inter....
- Rupee gains further by 40 paise in early trade today
Mumbai: The rupee gained by forty paise against US dollar at Rs 45.42/44 in early trade at the Interbank Forex market today on sustained selling of greenback from banks due to rise in equity ma....
- Rupee rises by 62 paise against US dollar in early trade
Mumbai: The Indian rupee rose by 62 paise to 46.27/28 against the US currency today as the Reserve Bank announced measures to ease the liquidity crunch and bolster the sliding currency. In a bi....
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