Page 101 - Finance News Analysis
Budget 2016: Govt to amend RBI Act to add monetary policy framework
Under the framework, RBI will be responsible for meeting inflation targets, which the central bank expects to contain at 4%
 "Budget 2016: Govt to amend RBI Act to add monetary policy framework")
Rupee recovers 3 paise in late morning deals
The domestic currency moved in a range of 68.74 and 68.57 during the morning trade
 "Rupee recovers 3 paise in late morning deals")
Rupee sinks 12 paise vs dollar in early trade
A firm dollar against some global currencies overseas affected the value of the rupee
 "Rupee sinks 12 paise vs dollar in early trade")
Room for rate cut by RBI as inflation is low: CEA
Retail inflation for next fiscal expected to be between 4.5-5%, which is below RBI's projection
 "Room for rate cut by RBI as inflation is low: CEA")
Rupee, bonds slump ahead of budget on fiscal deficit concerns
The Indian Railways will spend 1.21 trillion rupees ($17.63 billion) towards capital expenditure for the year starting in April 2016, compared with 1 trillion rupees last year
 "Rupee, bonds slump ahead of budget on fiscal deficit concerns")
Financial Sectors: Scope for easing monetary policy
Survey says RBI's stance is 'neutral', not 'accommodative', as the central bank claimed
 "Financial Sectors: Scope for easing monetary policy")
Rupee appreciates as foreign banks sell dollar
Ends at 68.63 a dollar, up from previous close of 68.71; in intraday, it had fallen to 68.79 a dollar
 "Rupee appreciates as foreign banks sell dollar")
Forex reserves down by $1.466 bn to $350.365 bn
Gold reserves remained unchanged at $17.696 bn
 "Forex reserves down by $1.466 bn to $350.365 bn")
India's forex reserves fall $1.46 billion, first weekly decline in five
On Friday, the rupee fell as low as 68.79 per dollar, not far from an all-time low of 68.85 hit in August 2013
 "India's forex reserves fall $1.46 billion, first weekly decline in five")
RBI sets rupee reference rate at 68.77 against US dollar
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.0890 and 61.03 per 100 yens, respectively
Bonds gain, rupee recovers on Economic Survey
10-year benchmark eases 4 bps to 7.79%, while the rupee recovered to 68.7250
Rupee looks up, rebounds 7 paise against dollar
Weakness in the dollar against other currencies overseas, supported the rupee
Rupee hits new 30-month low
Strong month-end dollar demand from importers, mainly from oil refiners, affected the rupee value
Why life insurers reject accident claims citing breach of law
General and life insurers may view accident claims differently because of the difference in product structures
 "Why life insurers reject accident claims citing breach of law")
Rupee steady against dollar at 68.57
The domestic currency has gained by four paise or 0.06% in two days
Rupee slips 6 paise against dollar in early trade
Increased demand for the dollar from importers added to pressure on the rupee
Rupee ends marginally higher by 3 paise at 68.58
The domestic currency had dropped 15 paise or 0.22% yesterday
India's economy haven of stability amidst global turbulence: President Mukherjee
Employment is being generated through initiatives like Make in India, Startup India, Mudra scheme and Skill India, he added
 "India's economy haven of stability amidst global turbulence: President Mukherjee")
RBI sets rupee reference rate at 68.64 against US dollar
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.89 and 61.12 per 100 yens, respectively
 "RBI sets rupee reference rate at 68.64 against US dollar")
Rupee recovers marginally against dollar in early trade
Fresh selling of the American currency by exporters helped the value of the rupee