New Delhi, March 30 The Reserve Bank should use foreign exchange reserves to stabilize the rupee, which has been affected by the ongoing crisis in the Middle East, according to a research report by SBI on Monday.The rupee breached the 95/USD mark on Monday and closed 7 paise higher at 94.78...
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Mumbai, March 30 The rupee trimmed its initial gains and hit a historic low of 95.22 in intra-day trading on Monday, as rising oil prices, ongoing geopolitical tensions, and a strong dollar continued to put pressure on the currency.The rupee, which opened on a strong note after the Reserve...
New Delhi, March 30 The Delhi Police's Special Cell has arrested a suspected operative of Lashkar-e-Taiba from the Ghazipur area here, an official said on Monday.The accused, identified as Shabbir Ahmad Lone, was allegedly working as a member of a sleeper cell and had pasted anti-national...
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Mumbai, March 27 The rupee plunged by a massive 89 paise to close at a historic low of 94.85 against the US dollar on Friday, as concerns over higher crude oil prices weighed heavily on the currency and the overall macroeconomic outlook.Forex traders said the rupee is succumbing to the...
Mumbai, March 27 The rupee plunged by 86 paise to close at another all-time low of 94.82 (provisional) against the US dollar on Friday, weighed down by high oil prices and a stronger dollar amid uncertainty over the West Asia conflict.A sharp decline in the domestic equity markets and...
New Delhi, March 27 Silver prices rebounded by Rs 6,911 to Rs 2.26 lakh per kilogram in futures trading on Friday as investors returned to the market following a temporary pause in tensions between the US and Iran.On the Multi Commodity Exchange, the white metal for May delivery soared by Rs...
Mumbai, March 27 The rupee plunged by 74 paise to hit a fresh all-time low of 94.70 against the US dollar during intra-day trading on Friday, weighed down by high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.A sharp decline in the domestic equity markets and...
Mumbai, March 27 The rupee breached the 94.50-mark for the first time against the US dollar during intra-day trading on Friday, hitting a record low of 94.56, due to high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.A sharp decline in domestic equity markets...
Mumbai, March 27 The rupee fell by 33 paise to a fresh all-time low of 94.24 against the US dollar in early trading on Friday, weighed down by high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.Heavy selling in domestic equity markets and sustained outflows...
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Mumbai, March 25 The rupee plunged by 20 paise to close at a fresh record low of 93.96 against the US dollar on Wednesday as heavy outflows from foreign investors and rising tensions in the Middle East kept investors on edge.Even a decline in global crude oil prices, a weaker US dollar, and...
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Mumbai, March 25 The rupee fell 18 paise to 93.94 against the US dollar in early trading on Wednesday as sustained foreign fund outflows kept investors on edge.However, a drop in global crude oil prices, a weaker dollar, and a strong opening in the domestic equity markets prevented sharper...
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Kolkata, March 23 – Police in West Bengal announced on Monday that large sums of cash were recovered again ahead of the upcoming state Assembly elections.Police and members of the Static Surveillance Team (SST) recovered over Rs 3.7 lakh in cash from three vehicles during searches conducted at...
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Mumbai, March 23 The rupee breached the 94/dollar barrier for the first time, falling by 50 paise to a new record low of 94.03 (provisional) against the US dollar on Monday, as soaring global crude prices and continued foreign fund outflows unnerved investors.A strengthening US dollar and a...
Mumbai, March 23 The rupee continued its downward trend on Monday, losing 41 paise to fall to a record low of 93.94 against the US dollar, as the ongoing war in West Asia kept global crude oil prices high, and the US dollar remained strong.Sustained outflows of foreign funds and a crash in the...
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Mumbai, March 20 India's foreign exchange reserves declined by USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday.In the previous reporting week, the overall reserves had fallen by USD 11.683 billion to USD 716.81 billion. The kitty had expanded to...
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Mumbai, March 20 The rupee fell by 82 paise, or nearly 1%, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent outflows of foreign funds and a sharp rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the...
Mumbai, March 20 The rupee plunged by 60 paise to a fresh intra-day low of 93.49 against the US dollar on Friday as the greenback further strengthened and net outflows from Foreign Institutional Investors (FIIs) continued, amid the ongoing conflict in West Asia.Rising global crude oil prices...
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Mumbai, March 20 The rupee fell by 19 paise to its record intra-day low of 93.08 against the US dollar in early trading on Friday, as the US dollar further strengthened and FII outflows continued unabated amid the ongoing conflict in West Asia.Elevated global crude oil prices put further...
Mumbai, March 18 The rupee plunged by 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, weighed down by a stronger dollar and continued outflows from foreign investors.Rising crude oil prices in global markets, amid escalating conflict in the Middle East, further...