20
Monday
May 2019
2:12 AM IST
News Headlines
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        Rahul Gandhi meets Alwar gang-rape victim; says she will get justice        EC orders repolling in four booths in Kasaragod, Kannur on May 19        Cong not averse to supporting regional party leader for PM post: Ghulam Nabi        Pragya Thakur apologises for calling Godse a ''patriot''        Iran''s Zarif says ''no possibility'' of talks with US: Kyodo        
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Business News
Rupee rises by 8 paise to 69.63 vs USD in early trade
 
Mumbai: The rupee appreciated by 8 paise to 69.63 against the US dollar in opening trade Wednesday, driven by sustained foreign fund flows and higher opening in domestic equity market.



The rupee opened at 69.71 at the interbank forex market then gained further ground and touched 69.63, displaying gains of 8 paise over its last close.

The rupee Tuesday had strengthened by 18 paise to close at 69.71 against the US dollar.

Forex dealers said, selling of the American currency by exporters and positive opening in domestic equities supported the rupee. Besides, fresh foreign fund inflows also aided the uptrend.

However, rising crude prices restricted the upmove.

Meanwhile, foreign investors (FIIs) remained net buyers in the capital markets, putting in Rs 2,477 crore on a net basis Tuesday, as per provisional data.

Brent crude futures, the global oil benchmark, gained 0.27 per cent to USD 66.85 per barrel.

Meanwhile, the benchmark BSE Sensex was trading higher by 78.22 points, or 0.21 per cent to quote at 37,613.88 while the NSE Nifty was trading at 11,319.70, up by 18.50 points, or 0.16 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
Blast near tourist bus injures at least 17 in Egypt
 Cairo: A bomb exploded near the New Egyptian Museum, close to the Giza Pyramids in Egypt on Sunday,
UK gets new weapons act, secures Sikh right to carry kirpans
Austrian far-right leader resigns over ''Ibiza affair''
Afghan security forces killed in US strike in Helmand
NATIONAL NEWS
Opposition unity: Naidu meets Akhilesh, Mayawati over opposition unity post LS polls
 Lucknow: Telugu Desam Party chief and Andhra Pradesh Chief Minister Chandrababu Naidu rushed to Luck
Modi is an actor, says Priyanka; compares him to Asrani in Sholay
Every religion has its own terrorist: Kamal Haasan
Rahul Gandhi meets Alwar gang-rape victim; says she will get justice
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