Indian rupee, US dollar edges up tracking Asians, shares in focus

Registering its biggest fall in a week, the rupee today weakened by 11 paise to close at 54.88 against US dollar on good demand of the American currency from importers on speculation that Federal Reserve may slow its stimulus programme, leading to ...

Foreign investors expect the rupee to trade below 55-level against the US dollar in the next six months even as India's large current account deficit is seen as a major risk.According to a research note by Barclays, which covered foreign institutional investors located across the major financial centres, most investors are bullish on the rupee and expect the currency to either remain stable or appreciate in the next six months. This is despite the fact that the India's large current account ...

:00 Posted by 4 MUMBAI; The Reserve Bank of India has bought 96.58 billion rupees ($1.8 billion) of bonds, but did not sell any debt in the week to May 10 through outright open market operations (OMOs), it said in a statement on Friday.The central ...

Karvy's report on currency- The rupee settled on a flat note on Thursday, closing at 54.78 against the dollar. The Nifty and Sensex moved up 0.38 percent and 0.17 percent respectively on Thursday, aided by the finance minister P. Chidambaram's five ...

Emkay Commodity Research has come out with its report on Gold. According to the research firm, Gold in India is likely to go down but a weaker rupee could limit the downside in prices.

NRI News: The number of NRIs investing in real estate is increasing fast as the value of the rupee is depreciating and real estate offers better returns. A place in the homeland usually gives a sentimental support and sense of security, which is the ...

STOCKS ----------------------- India stocks give up some early gains by mid-session. The main share index is up 0.25 percent, while the broader 50-share NSE index is up 0.43 percent, tracking gains in other Asian shares. GOVERNMENT BONDS ...

India's rupee strengthened for a second day on optimism easing inflation will allow the central bank to cut interest rates to spur economic growth. The S&P BSE Sensex (SENSEX) of local shares jumped to its highest level in more than two years after ...

- DLF Ltd, India's biggest realestate company by market value, has priced its $345 millionshare issue at 230 rupees each, it said in a statement late onWednesday.