Increased selling of US currency by exporters helps rupee
The currency extends its losing run to second day by plunging 44 paise
In its last policy review in March, RBI slashed short- term lending rate by 0.25 per cent to 7.5 per cent.
Continued capital outflows and increased demand for dollar from importers affects rupee
The rupee fell 0.3% to 54.44 a dollar here
Dealers attributed the fall to dollar gains against the euro and yen overseas boosted by solid US economic data
Says India needs bolder action in medium term to bring down trade deficit
Gains three paise against the dollar in line with strong local equities
Mild buying of dollar despite its weakness overseas affects rupee
Fresh seasonal inflows into liquid mutual funds beginning April may lead to one more round of easing by 25bps in short term rates
With almost 250 Bollywood films and 1,000 plus regional films releasing every year, insurers expect the demand to continue
While individual policies are expensive, consider family floater only for parents or top-up on group cover
Month-end dollar buying from importers, mainly refinery companies, affects rupee
Political uncertainty after the DMK pulled out of the government last week and the talks of the Third Front revival by the Samajwadi Party, would also weigh on the currency in the near future
By 2017, the installed base of these machines in India will reach 400,000, from about 100,000 in the third quarter of 2012
The currency slips 19 paise to close at 54.37 against dollar
While timing is uncertain, eventual merger likely to boost stocks that are looked upon by experts as key dividend yield plays as well
Aims to facilitate smooth, non-disruptive conduct of banking operations