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The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

Rupee rises 21 paise to 68.36 against US dollar

Fresh selling of the American unit by exporters and banks and fall in global crude oil prices boosted the domestic...

17 July 2018 5:02 AM

FPIs had resumed selling in the first half of May after domestic markets witnessed heavy inflows of around $10 billion in previous three months.

Asian markets tick lower as focus turns to Fed meeting

There is a concern that upbeat earnings, progress on trade and signs of resilience in economy could keep US Fed from...

30 Oct 2019 4:15 AM

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Q1 earnings to drive market

According to experts, the market has entered a consolidation mode after the disappointing Budget that failed to meet...

15 July 2019 2:29 AM

Asian shares make cautious gains; oil, gold prices hit record levels as more countries reopen their economies. (AP Photo)

Asian shares make cautious gains; oil and gold jump

Oil prices reached their highest since March as demand picked up as countries around the world eased travel restrictions

18 May 2020 3:46 AM

Jerome Powell

Federal Reserve raises key rate, 2 more hikes

Most people who want to find jobs are finding them. Unemployment and inflation are low... Overall outlook for growth...

14 Jun 2018 8:07 PM

Federal Reserve signalled Wednesday that it will keep its key short-term interest rate near zero. (Photo- AFP)

US Fed leaves interest rates near zero, to use full range of tools to...

In its statement, the Fed said it is "committed to using its full range of tools to support the US economy in this...

30 April 2020 5:11 AM