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  RBI announces measures for international trade settlement in rupees

  Business | July 11, 2022 22:57 IST

  Apex exporters' body Federation of Indian Export Organisations (FIEO) said as per existing FEMA provisions, the final settlement has to be in free foreign exchange except for Nepal and Bhutan.

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  Rupee tanks 24 paise to 71.62 against US dollar in early trade on rising crude price

  Business | January 03, 2020 10:36 IST

   Forex traders said crude oil prices surged after US President Donald Trump ordered the killing of Iran Revolutionary Guards commander Qasem Soleimani. 

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  Rupee opens flat at 71.30 against USD in early trade

  Business | December 06, 2019 10:39 IST

  A day after the the Reserve Bank of India kept key policy rate unchanged, the Indian rupee opened at 71.30 against the US dollar on Friday. On Thursday, the rupee had settled for the day at 71.29 against the US dollar. 

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  Your wallet to soon carry newly designed Indian currency notes

  May 19, 2016 21:19 IST

  Mumbai: Newly-designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board today recommending a new set of designs for the banknotes. "The Central Board also discussed

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  Rupee plunges to new 2-yr lows of 65.10 on yuan woes

  August 13, 2015 19:23 IST

  Mumbai: Continuing its downward march for the seventh straight session, the rupee today plummeted by 32 paise to close at 65.10 against the dollar, hitting its weakest level last seen in September 2013, as China

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  Equipment worth crores of rupees lying abandoned in Odisha mine

  India | July 03, 2013 12:16 IST

  Bhubaneswar, July 3: Heavy equipment worth crores of rupees is lying abandoned in an underground mine of Coal India Limited (CIL) in Odisha that was permanently shut down last week over safety concerns, an official

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  Crores Of Rupees Worth Fruits, Vegetables Gutted In Pilibhit Market

  India | February 23, 2012 8:41 IST

  Pilibhit, UP, Feb 23: Several crores of rupees worth fruits and vegetables, including potato, onion, etc. went up in flames on Wednesday night in a devastating fire that gutted 40 shops built inside a 60-metre

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  Iran Allows Part Payment In Rupees For Crude Sale To India

  February 07, 2012 15:25 IST

  New Delhi, Feb 7: Iran has agreed upon three Indian banks to accept 45 per cent of payment for its crude imports in rupees with both countries formulating mechanisms to avoid any problems in the