20
Monday
May 2019
10:44 AM IST
News Headlines
LS polls come to close; over 64 pc voting recorded in last phase        PM performs puja at Kedarnath after meditating for 17 hrs, will also visit Badrinath        Modi govt set to return to power, Exit polls predict        Exit polls gossip, don''t trust them: Mamata        S. Arabia calls GCC, Arab League meetings        Blast near tourist bus injures at least 17 in Egypt        Bravo, Pollard named in W Indies reserve players list for World Cup 2019        Opposition unity: Naidu meets Akhilesh, Mayawati over opposition unity post LS polls        I could be assassinated like Indira Gandhi, BJP after my life: Kejriwal        LS polls candidate attacked in Kerala        UK gets new weapons act, secures Sikh right to carry kirpans        Austrian far-right leader resigns over ''Ibiza affair''        Kedar Jadhav declared fit for 2019 World Cup        Bayern roll 5-1 over Frankfurt to clinch their 7th successive Bundesliga title        Modi is an actor, says Priyanka; compares him to Asrani in Sholay        Every religion has its own terrorist: Kamal Haasan        Modi locked up entire cabinet before demonetisation: Rahul        Afghan security forces killed in US strike in Helmand        Trump says he hopes for no war as US-Iran tensions escalate        Irfan Pathan becomes first Indian to enroll for Caribbean Premier League Players Draft        
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Business News
Rupee rises 14 paise against US dollar in early trade
 
Mumbai, Jan 10 (PTI): The rupee Thursday appreciated 14 paise to 70.32 against the US dollar in early trade amid weakness in the American currency on uncertainty over Federal Reserve rate hikes following the release of Fed meet minutes.

Forex traders said the weakness in the US dollar against other currencies overseas, falling crude oil prices and fresh foreign fund inflows pushed the rupee higher.

The minutes of US Fed's latest policy meeting showed the policymakers may slow the pace of rate hikes to prevent a slowdown in the economy.

At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.49, but soon appreciated to 70.32 against the greenback, up 14 paise over its previous closing price.

The rupee on Wednesday had depreciated by 25 paise to close at 70.46 against the US dollar.

Brent crude, the global benchmark, was trading lower at 60.89 per barrel, lower by 0.90 per cent.

Meanwhile, foreign funds bought shares worth Rs 276.14 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 439.67 crore on Wednesday, provisional data showed.

The benchmark BSE Sensex was trading down 27.62 points, or 0.08 per cent at 36,185.29, while the NSE Nifty was trading at 10, 839.65, down 15.50 points, or 0.14 per cent.


Exports grow marginally, imports up 4.5pc in Apr
Jet Airways crisis: CEO, Deputy CEO resign
Demonetisation: ED attaches over Rs 2 crore assets in Axis Bank PMLA case
China hikes tariff on US products; says will not succumb to Trump''s pressure tactics
Andhra Bank net loss down by 51.34pc in Q4
Imminent crisis in NBFC sector: Corp Affairs Secy
China : Volvo to recall over six thousand cars
Pak to continue talks with IMF on bailout over weekend
Chinese envoy says trade talks with US have not broken down
Amazon's Bezos unveils lunar lander project 'Blue Moon'
UPL announces 26.75 pc stake buy in Allfresh
SBI reports net profit of Rs 838 cr in Mar 2019 quarter; trims bad loan ratio
HCL Tech profit stands at Rs 2,568 cr in Q4
Now Bharat Fibre service reaches Andaman Nicobar Islands
Moscow calls on all countries to keep buying Iranian Oil : Foreign ministry
Rupee drops 28 paise against dollar as US-China trade tension escalates
RBI warns Finance panel of more fiscal slippages for states
rabhu seeks report on allocation of Jet Airways slots to other airlines
Hughes, Airtel to combine India VSAT biz
GMR to raise USD 350 million via bonds for Delhi airport
KERALA NEWS
LS polls candidate attacked in Kerala
 Kannur: Independent candidate from Vadakara Lok Sabha constituency and former CPI(M) local leader CO  
Two women abort their plan to enter Lord Ayyappa temple Sabarimala
Kerala CM meets CEOs of leading business firms in Switzerland
Elephant to undergo medical test for Thrissur 'pooram'
INTERNATIONAL NEWS
S. Arabia calls GCC, Arab League meetings
 Jeddah: Saudi Arabia has called two emergency meetings of the leaders of the Gulf Cooperation Counci
Blast near tourist bus injures at least 17 in Egypt
UK gets new weapons act, secures Sikh right to carry kirpans
Austrian far-right leader resigns over ''Ibiza affair''
NATIONAL NEWS
LS polls come to close; over 64 pc voting recorded in last phase
 New Delhi: Voting for the marathon seven-phased Lok Sabha elections came to a close on Sunday as 64.
PM performs puja at Kedarnath after meditating for 17 hrs, will also visit Badrinath
Exit polls gossip, don''t trust them: Mamata
Opposition unity: Naidu meets Akhilesh, Mayawati over opposition unity post LS polls
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