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Breaking News Mon, 6 Feb 2012
Bank of India - national bank in India
(photo: WN / Aruna Mirasdar)
Bank of India sees subdued growth in corporate loans
The Times Of India
MUMBAI: State-run lender Bank of India expects a subdued growth for its corporate loan book in the coming quarters and will be cautious about lending to risky sectors, senior officials said, as increased provisions due to debt restructuring and credit losses hurt the bank in October-December. | Corp...
ICICI bank ATM center, Pune, India
(photo: WN / Geeta)
Sensex in narrow range; RIL, L&T slip
Zeenews
Mumbai: The BSE Sensex traded in a narrow range early on Monday, as Reliance Industries' first quarterly profit drop in two years soured sentiment and capped gains in the main index, amid weak trading ahead of derivatives expiry later this week. | Reliance, which has the highest weightage in the mai...
Rupee down 36 paise vs dollar
The Times Of India
Rupee down 36 paise vs dollar | Email this articlePrint this articleTweetThe author has posted comments on this articlePTI | Feb 6, 2012, 07.20PM IST MUMBAI: Snapping four-session gaining spree, the rupee today lost 36 paise to close at 49.05/06 agai...
Adani Power posts loss on fuel costs, rupee fall
The Times Of India
| NEW DELHI: Adani Power Ltd swung to a loss in the third quarter as fuel costs more than quadrupled due to a rise in global coal prices and the rupee's fall versus the dollar during the period. | Adani, India's fifth largest power generator by marke...
Rupee snaps 4-day rising streak on importer demand; ends at 49.05 to dollar
The Times Of India
MUMBAI: The Indian rupee ended a four-day winning streak on Monday, reversing early gains that saw it rise to a more than four-and-a-half month high, as dollar demand from local oil refiners and big companies offset a rise in local shares. | A report...
Piramal Healthcare raises 18bn rupees via CPs for Vodafone stake
The Times Of India
Piramal Healthcare raises 18bn rupees via CPs for Vodafone stake | Email this articlePrint this articleTweetThe author has posted comments on this articleReuters | Feb 6, 2012, 01.13PM IST | MUMBAI: Indian drugmaker Piramal Healthcare raised 18 billi...
Indian Rupee Currency
WN / Rubielyn Bunag
Rupee gains 35 paise, rises to new 2-month high
Zeenews
Mumbai: Continuing its upward journey for the fifth straight day, the rupee jumped 35 paise to close at a fresh two-month high of 50.38/39, on the back of sustained capital inflows...
Reserve Bank of India
Creative Commons
Indian stocks have bottomed: Gopal Agrawal, Mirae Asset
The Times Of India
MUMBAI: Indian equities are unlikely to fall much further as they are already trading at a 15-20 per cent discount to 10-year average multiples, said Gopal Agrawal, chief investmen...
World's most undervalued currency
WN / Geeta
World's most undervalued currency
The Times Of India
World's most undervalued currency | Email this articlePrint this articleTweetThe author has posted comments on this articleSidhartha, TNN | Jan 17, 2012, 06.07AM IST | NEW DELHI: T...
Rupee up 9 paise against dollar in early trade
The Hindu
The rupee moved up by 9 paise to trade at 48.60 against the dollar on the Interbank Foreign Exchange market in early trade on Monday, on increased foreign fund inflows. | Dealers said increased foreign funds inflows and euro’s gains against the...
Rupee up 9 paise against dollar in early trade
The Times Of India
Rupee up 9 paise against dollar in early trade | Email this articlePrint this articleTweetThe author has posted comments on this articlePTI | Feb 6, 2012, 10.27AM IST | MUMBAI: The rupee moved up by 9 paise to trade at 48.60 against the dollar on the...
Rupee rises on U.S. jobs data
The Times Of India
MUMBAI: The rupee opened stronger on Monday after surprisingly robust U.S. jobs data bolstered investor risk appetite across world markets. | * At 9 a.m. (0330 GMT), the rupee was at 48.60 to the dollar, its highest since Sept. 21. It ended at 48.685...
Rupee rises on US jobs data
Zeenews
Mumbai: The rupee opened stronger on Monday after surprisingly robust US jobs data bolstered investor risk appetite across world markets. | At 9 am, the rupee was at 48.60 to the dollar, its highest since September 21. It ended at 48.6850/6950 on Fri...
Central Banking
The head of the International Monetary Fund delegation in Greece, Poul Thomsen, leaves the finance ministry in Athens, on Friday, April 23, 2010.
(photo: AP / Dimitri Messinis)
Greek debt talks to stretch into weekend
Kansas City Star
Petros Giannakouris IMF chief debt inspector Poul Thomsen arrives at a government office building before meeting Greek Finance Minister Evangelos Venizelos in central Athens on Friday, Feb. 3, 2012. Unions and employers' associations rejected demands for private-sector wage cuts, despite pressure for the country to introduce strict austerity measur...
Quotes
A money trader at a Tokyo dealing room reacts as U.S. dollar is traded below 90 yen level Friday afternoon, Dec. 12, 2008. The dollar's fall to a 13-year-low against the yen also accelerated selling on the Tokyo Stock Exchange, hitting hard exporters such as autos and electronics. The greenback fell as far as 88.16 yen in the afternoon, its lowest level since Aug. 2, 1995 when the U.S. currency fell to 88.02 yen while the Nikkei average lost 484.68 points, or 5.56 percent, to close at 8,235.8
(photo: AP / Shuji Kajiyama)
Tokyo stocks end up 1.10%
The Times Of India
TOKYO: Tokyo stocks added 1.10 percent Monday, supported by positive performances on other Asian bourses, that followed last week's strong gains on Wall Street after robust US jobs data. | The Nikkei 225 index at the Tokyo Stock Exchange rose 97.27 points to 8,929.20, coming off an intra-day high of 8,949.32, the highest level since October 31. | T...



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