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The rupee appreciated by 4 paise to 73.51 against the US dollar in opening trade on Monday as sustained foreign fund inflows and strong domestic equities strengthened investor sentiment.(PTI)

Rupee rises 4 paise to 73.51 against US dollar in early trade

Mumbai | By Press Trust of India | Posted by Ayshee Bhaduri
PUBLISHED ON DEC 28, 2020 11:03 AM IST
At the interbank forex market, the domestic unit opened at 73.52 against the US dollar, then inched higher to 73.51 against the greenback, registering a rise of 4 paise over its previous close. On Thursday, the rupee had settled at 73.55 against the US dollar.
Traders said investors are cautious ahead of the RBI Monetary Policy Committee (MPC) decision on Friday.(Reuters)
Traders said investors are cautious ahead of the RBI Monetary Policy Committee (MPC) decision on Friday.(Reuters)

Rupee rises 5 paise to 73.28 against US dollar in early trade

Mumbai | By Press Trust of India | Posted by Prashasti Singh
PUBLISHED ON OCT 08, 2020 11:32 AM IST
At the interbank forex market, the rupee was trading in a narrow range. It opened at 73.29 against the American currency, gained some ground and touched 73.28, up 5 paise from its previous close.
HT Image
HT Image

Brand Factory outlet fined Rs 6.72 lakh in 21 cases of unfair trade

Hindustan Times, Mohali | By Hillary Victor
UPDATED ON AUG 30, 2020 11:21 PM IST
The store will pay Rs 7,000 to the complainant and Rs 25,000 to the legal-aid fund of the consumer disputes redressal commission in each case
The rupee opened at 74.60 against the US dollar, registering a jump of 44 paise over its previous close.(REUTERS)
The rupee opened at 74.60 against the US dollar, registering a jump of 44 paise over its previous close.(REUTERS)

Rupee jumps 44 paise to 74.60 against US dollar in early trade

Mumbai | By Press Trust of India
UPDATED ON JUL 03, 2020 02:30 PM IST
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.04 per cent to 97.27.
The rupee depreciated 23 paise to 75.82 against the US dollar in opening trade on Thursday(Getty Images/iStockphoto)
The rupee depreciated 23 paise to 75.82 against the US dollar in opening trade on Thursday(Getty Images/iStockphoto)

Rupee slips 23 paise to 75.82 against US dollar in early trade

Mumbai | By Press Trust of India | Posted by Prashasti Singh
PUBLISHED ON JUN 11, 2020 02:09 PM IST
The rupee opened weak at 75.81 at the interbank forex market and fell further to 75.82 against US dollar, down 23 paise over its last close.
The rupee depreciated 31 paise to 75.89 against the US dollar in opening trade on Monday.
The rupee depreciated 31 paise to 75.89 against the US dollar in opening trade on Monday.

Rupee slips 31 paise to 75.89 against US dollar in early trade

Mumbai | By Press Trust of India | Posted by: Prashasti Singh
UPDATED ON MAY 18, 2020 11:06 AM IST
Forex traders said market participants are concerned about the effectiveness of the fiscal stimulus package and the impact of extended nationwide lockdown amid a significant rise in Covid-19 cases on the domestic economy.
The fear of coronavirus outbreak severely impacting global economy also weighed on the investor sentiments, according to analysts.(PTI File Photo)
The fear of coronavirus outbreak severely impacting global economy also weighed on the investor sentiments, according to analysts.(PTI File Photo)

Sensex tanks over 1400 points in early trade, Nifty down 360; Yes Bank slips 15%

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON MAR 06, 2020 10:35 AM IST
Yes Bank’s shares by 15% in early trade following the Reserve Bank of India (RBI) placing it under moratorium late Thursday evening owing to the bank’s weak financials.
Trump administration officials on Friday acknowledged that U.S. President Donald Trump’s visit to India next week will not result in even a limited trade deal(Bloomberg via Getty Images)
Trump administration officials on Friday acknowledged that U.S. President Donald Trump’s visit to India next week will not result in even a limited trade deal(Bloomberg via Getty Images)

US, India at odds over trade as Trump heads for meeting with PM Modi: Officials

Washington | By Reuters
UPDATED ON FEB 22, 2020 04:08 AM IST
U.S. concerns that led last year to the suspension of India’s tariff free access for some $5.6 billion in exports under the 1970s-era Generalized System of Preferences still remain, a senior Trump administration official told reporters on a conference call.
India put up a strong paper at the WTO last year to prove its ‘developing’ status(PTI)
India put up a strong paper at the WTO last year to prove its ‘developing’ status(PTI)

The US is being unfair to India on trade. Resist it

By Prabhash Ranjan
UPDATED ON FEB 21, 2020 04:53 PM IST
The decision to strip India of its ‘developing country’ status, based on a unilateral, arbitrary criteria, is wrong
The Finance Ministry will hold a meeting on Tuesday to assess the impact of coronavirus outbreak(PTI)
The Finance Ministry will hold a meeting on Tuesday to assess the impact of coronavirus outbreak(PTI)

Nirmala Sitharaman to assess impact of coronavirus outbreak on trade

New Delhi | By Press Trust of India
PUBLISHED ON FEB 16, 2020 08:38 PM IST
The death toll from China’s coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.
North-East India is famous for its exotic destinations and this festival will showcase the best of North-East tourism potential.(Unsplash)
North-East India is famous for its exotic destinations and this festival will showcase the best of North-East tourism potential.(Unsplash)

North-East India goes to Thailand to promote trade, tourism, culture

New Delhi | By Asian News International
UPDATED ON FEB 05, 2020 10:28 AM IST
North-East India is famous for its exotic destinations and this festival will showcase the best of North-East tourism potential.
The rupee opened on a weak note and declined by 34 paise to 71.66 against the US dollar in opening trade on Monday,(Getty Images/iStockphoto)
The rupee opened on a weak note and declined by 34 paise to 71.66 against the US dollar in opening trade on Monday,(Getty Images/iStockphoto)

Rupee slips 34 paise to 71.66 against US dollar in early trade

Mumbai | By Press Trust of India
UPDATED ON FEB 03, 2020 10:22 AM IST
Finance Minister Nirmala Sitharaman in her Budget 2020 speech pegged the country’s fiscal deficit at 3.8 per cent for the current fiscal, compared to the earlier target of 3.3 per cent of GDP.
Reliance Industries was the biggest loser in the Sensex pack, falling 2.62 per cent, followed by Nestle India, IndusInd Bank, UltraTech Cement, M&M and SBI.(PTI)
Reliance Industries was the biggest loser in the Sensex pack, falling 2.62 per cent, followed by Nestle India, IndusInd Bank, UltraTech Cement, M&M and SBI.(PTI)

Sensex tumbles 285 points on F&O expiry, Nifty closes near 12000 mark

Mumbai | By Press Trust of India
UPDATED ON JAN 30, 2020 04:15 PM IST
After swinging over 550 points during the day, the 30-share BSE index settled at 40,913.82. the broader NSE Nifty closed 93.70 points down at 12,035.80.
India and Brazil on Saturday drew up an ambitious plan to boost their stuttering economies(Bloomberg)
India and Brazil on Saturday drew up an ambitious plan to boost their stuttering economies(Bloomberg)

India, Brazil set target of USD 15 billion in bilateral trade by 2022

New Delhi | By Press Trust of India
UPDATED ON JAN 25, 2020 07:25 PM IST
The decisions were taken during wide-ranging talks between Prime Minister Narendra Modi and Brazilian President Jair Messias Bolsonaro here.
Brazil’s President Jair Bolsonaro arrived on Friday for his first official visit to India(REUTERS)
Brazil’s President Jair Bolsonaro arrived on Friday for his first official visit to India(REUTERS)

Brazilian President begins 4-day visit; trade, investment relations in focus

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON JAN 25, 2020 12:22 AM IST
Bolsonaro, the third Brazilian president to be the chief guest at the celebrations that showcase India’s military might and culture, was accompanied by eight ministers and a large business delegation for the four-day visit.
A view of the stock prices displayed on a digital screen outside BSE building in Mumbai.(PTI)
A view of the stock prices displayed on a digital screen outside BSE building in Mumbai.(PTI)

Sensex ends 227 points higher; Nifty reclaims 12,200

Mumbai | By Press Trust of India
UPDATED ON JAN 24, 2020 04:01 PM IST
The 30-share BSE index settled 0.55 per cent higher at 41,613.19. Likewise, the broader NSE Nifty closed 0.56 per cent up at 12,248.25.
A view of the stock prices displayed on a digital screen outside BSE building in Mumbai.(PTI file photo)
A view of the stock prices displayed on a digital screen outside BSE building in Mumbai.(PTI file photo)

Sensex ends 205 points lower; Nifty slips below 12,200

Mumbai | By Press Trust of India
UPDATED ON JAN 21, 2020 04:00 PM IST
After trading on a volatile note, the 30-share BSE index settled 0.49 per cent lower at 41,323.81. The broader NSE Nifty fell 0.45 per cent to 12,169.85.
TCS House in Mumbai.(Mint File)
TCS House in Mumbai.(Mint File)

TCS Q3 net profit marginally up at Rs 8,118 crore

Mumbai | By Press Trust of India
UPDATED ON JAN 17, 2020 05:33 PM IST
Revenue of the city-based firm grew 6.7 per cent in the quarter under review to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal, the filing added.
A view of the stock prices displayedoutside BSE building in Mumbai.(PTI)
A view of the stock prices displayedoutside BSE building in Mumbai.(PTI)

Sensex, Nifty off record highs; banking stocks drag

Mumbai | By Press Trust of India
PUBLISHED ON JAN 15, 2020 04:15 PM IST
The 30-share BSE Sensex settled 79.90 points lower at 41,872.73. Similarly, the broader Nifty closed 19 points down at 12,343.30. IndusInd Bank was the top loser in the Sensex pack, dropping 5.44 per cent
Chinese President Xi Jinping.(AP file photo)
Chinese President Xi Jinping.(AP file photo)

Ports, trains and trade: Xi to offer Myanmar billion-dollar bounty

Yangon | By Agence France-Presse
UPDATED ON JAN 15, 2020 02:41 PM IST
Chinese leader Xi Jinping’s visit to neighboring Myanmar aims at strengthening relations with members of the Association of Southeast Asian Nations. Yangon authorities hope to revolutionise the sprawling hub by creating a whole new town on the west bank of the city’s river.
WPI data released on Tuesday showed that sharp uptick to 2.59 per cent in December from 0.58 per cent in November.(PTI file photo)
WPI data released on Tuesday showed that sharp uptick to 2.59 per cent in December from 0.58 per cent in November.(PTI file photo)

Sensex closes at all time high despite severe retail inflation

Mumbai | By Indo Asian News Service
UPDATED ON JAN 14, 2020 07:44 PM IST
Sensex touched an intra-day high of 41,994.26 despite retail inflation rising to its highest in over 5 years in December.
Malaysia's Prime Minister Mahathir Mohamad(Reuters/File Photo)
Malaysia's Prime Minister Mahathir Mohamad(Reuters/File Photo)

Malaysia PM defends criticism of India despite palm oil backlash

Kuala Lumpur | By Reuters
PUBLISHED ON JAN 14, 2020 01:49 PM IST
India last week changed rules that traders say effectively ban imports of refined palm oil from Malaysia. The move came after New Delhi objected to Mahathir’s criticism of India’s new religion-based citizenship law.
Indian Rupee vs US Dollar(Representative Photo/Hindustan Times)
Indian Rupee vs US Dollar(Representative Photo/Hindustan Times)

Rupee rises by 8 paise to 70.78 against US dollar in early trade

Mumbai | By Press Trust of India
UPDATED ON JAN 14, 2020 10:44 AM IST
The United States on Monday removed the currency manipulator label it imposed on China last summer and forex traders believe it as a sign of easing tensions between the two economic powers after nearly two years of conflict.
India imports more than nine million tonnes of palm oil every year, mainly from Indonesia and Malaysia, the two biggest exporters.(Reuters File Photo)
India imports more than nine million tonnes of palm oil every year, mainly from Indonesia and Malaysia, the two biggest exporters.(Reuters File Photo)

India’s curb on import may raise palm oil prices, hit trade

Hindustan Times, New Delhi | By Zia Haq and Rezaul H Laskar
UPDATED ON JAN 11, 2020 05:30 AM IST
Indian importers will now naturally look at substitute markets, such as Indonesia, Nepal, Ukraine and Argentina, an official said.
The Indian rupee appreciated by 33 paise to 70.50 against the US dollar in early trade on Friday(Getty Images/iStockphoto)
The Indian rupee appreciated by 33 paise to 70.50 against the US dollar in early trade on Friday(Getty Images/iStockphoto)

Rupee rises 33 paise to 70.50 against US dollar in early trade

Mumbai | By Press Trust of India
UPDATED ON DEC 13, 2019 09:59 AM IST
At the interbank foreign exchange the rupee opened at 70.54, then gained further ground and touched a high of 70.50, registering a rise of 33 paise over its previous close.
Market benchmark BSE Sensex on Wednesday climbed 74 points backed by gains in select private bank, financial and metal stocks amid easing global crude prices.(REUTERS)
Market benchmark BSE Sensex on Wednesday climbed 74 points backed by gains in select private bank, financial and metal stocks amid easing global crude prices.(REUTERS)

Sensex gains 74 points in early trade as crude oil eases

Mumbai | By Press Trust of India
UPDATED ON DEC 11, 2019 10:38 AM IST
The 30-share index was trading 74.04 points or 0.18 per cent higher at 40,313.92 in morning trade. The broader Nifty was trading 29.50 points or 0.25 per cent up at 11,886.30.
The rupee, meanwhile, depreciated 4 paise against the US dollar to trade at 70.96 in early session.(Reuters Photo/representative image)
The rupee, meanwhile, depreciated 4 paise against the US dollar to trade at 70.96 in early session.(Reuters Photo/representative image)

Sensex rises over 100 pts in early trade; Nifty above 11,900

Mumbai | By Press Trust of India
UPDATED ON NOV 01, 2019 10:04 AM IST
Foreign institutional investors purchased a Rs 1,870.87 crore in the capital market, on Thursday, while domestic institutional investors sold shares worth Rs 650.73 crore, data available with stock exchange showed.
Trade laws need to be changed so that Indian companies can more easily acquire land and hire and fire workers.(AP Photo)
Trade laws need to be changed so that Indian companies can more easily acquire land and hire and fire workers.(AP Photo)

A struggling India needs more trade, not less

By Bloomberg
UPDATED ON OCT 30, 2019 04:49 PM IST
Lending has slowed to a trickle, as has consumer demand. Voices across the political spectrum say the last thing the country can afford now is to lower its trade defenses. In fact, that’s exactly what’s needed.
Prime Minister Narendra Modi will have a packed schedule during his day-long visit to Saudi Arabia on Tuesday(Reuters Archive)
Prime Minister Narendra Modi will have a packed schedule during his day-long visit to Saudi Arabia on Tuesday(Reuters Archive)

Strategic partnership, trade top PM’s agenda in Saudi Arabia

New Delhi | By HT Correspondent
UPDATED ON JUL 15, 2020 06:23 AM IST
India and Saudi Arabia will sign several agreements, including one on forming a Strategic Partnership Council and another on a joint venture for retail outlets for petroleum products, during Modi’s visit.
Assam Chief Minister Sarbananda Sonowal along with Bangladesh Commerce Minister Tipu Munshi (C) and Tripura Chief Minister Biplab Kumar Deb (L) at the inaugural day of two days long India Bangladesh Stakeholders' Meet 2019 in Guwahati on Tuesday.(ANI)
Assam Chief Minister Sarbananda Sonowal along with Bangladesh Commerce Minister Tipu Munshi (C) and Tripura Chief Minister Biplab Kumar Deb (L) at the inaugural day of two days long India Bangladesh Stakeholders' Meet 2019 in Guwahati on Tuesday.(ANI)

India-B’desh seek to revive old transport links for trade, connectivity to NE

Hindustan Times, Guwahati | By Utpal Parashar
PUBLISHED ON OCT 23, 2019 01:00 AM IST
A two-day stakeholders’ meet in Guwahati is trying to find effective and concrete measures to ensure easy access and flow of goods and people through road, rail, waterways and air connectivity especially to the Northeast.
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