Tracking the meltdown in global stock markets, the rupee today plunged by 124 paise to close at nearly two-and-a-half years low of 49.57/58 against the US dollar, posing worries to policy makers on inflation front as a weak domestic currency will make imports costlier.

Rupee plummets by 124 paise

Press Trust of India

It is a half century many Indians wouldn't like to witness. However, as the rupee continued its slide against the greenback, bankers and economists believe it is only a matter of time before the local unit breaches the 50-mark. on Thursday, the currency plunged the most in more than 15 years.

Concern of rupee breaching the 50-mark grows

Business Standard

The Fed&rsquo;s latest bond-buying programme takes the wind out of financial markets.

Operation Twist spooks mkts

With the rupee showing a freefall and hitting a 28-month low against the dollar, India Inc has yet another headache. While the obvious gainers are export-led sectors like information technology and the biggest losers are oil marketing companies, most companies are putting up a brave face. However, they expect the splinters of the currency turmoil to hit them at a later stage.

Rupee flux temporary, but splinters may hit India Inc

Government bonds closed mixed on alternate bouts on Monday of buying and selling.

Bond yields closed mixed

The rupee rose the most in almost 10 months on speculation that European policy makers would increase efforts to contain the region&rsquo;s debt crisis, supporting demand for emerging-market assets.

Rupee rises on Europe optimism

The rupee rose past 49 a dollar, to the highest level in a week on optimism European leaders would find a solution to contain the region&rsquo;s debt crisis.

Rupee rises to one-week high

The government on Thursday announced the borrowing plan for the second half of the current financial year, and this was higher by Rs 52,800 crore than what was planned earlier. Yields on 10-year benchmark government bonds jumped by 10 basis points after the announcement and closed at 8.44 per cent, as the additional borrowing was much higher than market expectations.

Bond yields near 2-month high

India&rsquo;s 10-year bonds dropped, pushing yields to their highest level in more than two weeks, on concern that the biggest government debt sale this year would reduce appetite for existing notes.

Bond yield at 2-week high

THE rupee rose for a fifth day, its longest run of gains in almost a month, as overseas investors stepped up purchases of the country&rsquo;s assets to take advantage of growth in Asia&rsquo;s third-biggest economy.

Rupee rises for a fifth day

The rupee halted its five-day gain on speculation of oil refiners stepping up demand for the dollar to pay for crude.

Rupee halts 5-day gain

Technology would dominate banking activities and lead to the growth of the sector, according to a new report by the Confederation of Indian Industry and PricewaterhouseCoopers.

Banks should adopt social media, cloud computing: Report

The rupee depreciated a second day on speculation of oil refiners buying dollars, taking advantage of the local currency&rsquo;s rise to a two-month high.

Rupee declines for a second day

The rupee advanced, snapping a two-day decline, after global funds added to holdings of local shares to benefit from the nation&rsquo;s economic growth.

Rupee snaps 2-day decline

Taking the advantage of both is a tricky affair.

Juggling HRA, loan benefits 

In a scenario of rising interest rates, having the option to choose between floating and fixed rates is bound to go down well with home loan borrowers. LIC Housing Finance&rsquo;s (LICHF) latest housing loan scheme, Freedom, allows customers to make this shift within a year of loan disbursal.

Mapping interest rate movement

The rupee retreated from a two- month high on speculation that global funds are reducing holdings of the nation&rsquo;s shares ahead of data expected to show quickening consumer-price gains.

Rupee falls from 2-month high

The rupee strengthened the most in six weeks, as global funds stepped up purchases of the country&rsquo;s shares to take advantage of growth in Asia&rsquo;s third-biggest economy.

Rupee gains the most in six weeks

The rupee weakened for a second day, as Europe&rsquo;s worsening debt crisis spurred demand for the perceived safety of the dollar over emerging-market assets.

Rupee dips as Europe woes cut demand in emerging markets 

Lukewarm equity markets, tight credit may enhance concerns on highly leveraged firms.

Till debt do us part

India&rsquo;s 10-year bond yields were near the lowest level in almost a month on speculation that slowing economic growth would prompt the central bank to temper the pace of interest-rate increases.

Bond yields near one-month low

Financial Analysis: Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Finance News Analysis, Financial Analysis and Research | Business Standard

Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

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