US lowers estimate of domestic crude oil output

Last Updated: Monday, August 31, 2015, 23:18

The US government cut its estimate of domestic oil production on Monday, helping send crude prices sharply higher.

Cyber hacking: US plans sanctions against China

Last Updated: Monday, August 31, 2015, 22:43

The US is planning to impose "a package of unprecedented sanctions" on Chinese individuals and organisations involved in cyber-economic espionage and series of attacks on American networks to steal sensitive business and trade secrets, a media report said here Monday.

Rupee continues to reel under intense pressure for 3rd straight week

Last Updated: Saturday, August 29, 2015, 18:04

Rupee has lost 233 paise or 3.65 percent in the last three-week correction.

Rupee retreats; falls 10 paise at 66.14 against dollar

Last Updated: Friday, August 28, 2015, 19:02

The rupee weakened by 10 paise to end at 66.14 against the US dollar due to month-end demand for the American currency from importers and banks.

Forex reserves up by $920.6 mn to $355.35 bn

Last Updated: Friday, August 28, 2015, 18:03

The gold reserves stood unchanged at USD 18.250 billion.

Rupee higher 26 paise to 65.88 against dollar in early trade

Last Updated: Thursday, August 27, 2015, 09:46

The rupee recovered by 26 paise to 65.88 against the US dollar at the Interbank Foreign Exchange market in early trade Thursday on selling of the American currency.

Rupee could be at 64 against the US dollar by March: Crisil

Last Updated: Wednesday, August 26, 2015, 23:09

Ratings and research firm Crisil Wednesday said there are two-third chances that the rupee can touch the level of 64 against the US dollar by March-end 2016, while there is one-third chance it may reach 67 per dollar.

Rupee weakens by 4 paise at 66.14 against US dollar

Last Updated: Wednesday, August 26, 2015, 18:45

The rupee Wednesday turned weak against the US dollar, after a brief recovery yesterday, falling by four paise to end at 66.14 on renewed demand for the American unit from importers amid global volatility.

Know who will be worst affected by rupee's depreciation

Last Updated: Wednesday, August 26, 2015, 09:18

Till the currency settles itself, let’s have a look at how continuous depreciation of the Indian currency will affect the common man.

Rupee recovers 26 paise to 66.39 against dollar in early trade

Last Updated: Tuesday, August 25, 2015, 10:53

The rupee recovered by 26 paise to 66.39 against the dollar at the Interbank Foreign Exchange in early trade on Tuesday on fresh selling of the US currency by banks and exporters.

Rupee fall due to China fears, India on firm footing: SBI chief

Last Updated: Tuesday, August 25, 2015, 00:14

State Bank chairman Arundhati Bhattacharya Monday described the massive fall in the rupee as "driven by apprehensions" about the crisis in China and asserted it does not indicate any fundamental issues with Indian economy.

US stocks cut losses as Apple, Intel gain

Last Updated: Tuesday, August 25, 2015, 00:05

US stocks fought back from a bruising open Monday, as a midday rally in Apple and a handful of other major stocks eliminated most of the market`s early losses.