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  • rupee falls 27 paise to 61.50 vs dollar

    Rupee falls 27 paise to 61.50 Vs dollar

    October 31, 2013 22:00 IST

    Mumbai: The rupee on Thursday fell 27 paise to 61.50 against the dollar on heavy month-end demand from importers for the US currency, which strengthened overseas after the Federal Reserve indicated it may taper its

  • better placed to face fed taper cad worries off radar rajan

    Better placed to face Fed taper, CAD worries off radar: Rajan

    October 30, 2013 21:35 IST

    Mumbai: Reserve Bank Governor Raghuram Rajan on Wednesday said India now is in a better position to face the US Federal Reserve's unwinding of its easy money policy whenever it takes place."We are in a

  • rbi passes re recovery as impact of delay fed tapering

    RBI passes Re recovery as impact of delay Fed tapering

    October 28, 2013 22:50 IST

    Mumbai: The Reserve Bank today said the US Federal Reserve's decision to delay the unwinding of its monthly USD 85-billion of asset repurchase programme has brought in some stability to the rupee.  “The Fed's decision

  • nifty sheds 44 pts as fmcg shares falter all eyes on rbi

    Nifty sheds 44 pts as FMCG shares falter; all eyes on RBI

    October 28, 2013 22:43 IST

    Mumbai: Shares succumbed to heavy selling as investors turned cautious and booked profits in rate sensitive counters ahead of the RBI monetary policy, dragging the benchmark index Nifty down by 44 points on the National

  • us tapering fm wants regulators to take preventive steps

    US tapering: FM wants regulators to take preventive steps

    October 24, 2013 23:54 IST

    New Delhi: Finance Minister P Chidambaram Thursday asked financial sector regulators, including RBI and SEBI, to take preventive steps to neutralise the impact of US Federal Reserve's monetary stimulus tapering that is likely early next

  • us debt crisis can cause global financial turmoil imf

    US debt crisis can cause global financial turmoil: IMF

    October 08, 2013 23:48 IST

    WASHINGTON: The IMF today warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.“Failure to lift the

  • investor wealth soars by rs 1.83 lakh cr as stocks zoom

    Investor wealth soars by Rs 1.83 lakh cr as stocks zoom

    September 19, 2013 21:59 IST

    MUMBAI: As BSE benchmark index Sensex today witnessed a sharp surge of nearly 700 points on the back of US Federal Reserve's decision to stick to its stimulus package and strengthening rupee against the dollar,

  • rupee jumps 158 paise to 1 month high

    Rupee jumps 158 paise to 1-month high

    September 19, 2013 17:33 IST

    Mumabi: The rupee had settled just a paise lower at 63.38 against the dollar in Wednesday's trade.The rupee on Thursday zoomed by 158 paise to trade at over one-month high of 61.80 against the dollar

  • u.s. federal reserve not ready to reduce stimulus

    U.S. Federal Reserve not ready to reduce stimulus

    September 19, 2013 9:57 IST

    New York: The U.S. Federal Reserve has decided against reducing its stimulus for the U.S. economy, saying it will maintain the pace of its bond purchases because it thinks the economy still needs the support.The

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