Reserve Bank of India

Indian Currency News

EM ASIA DEBT-IDBI Bank outperforms weak market on debutThursday, July 29, 2010 @ 11:41PM* IDBI Bank rises on Asian debut on strong investor demand

Hero Honda, Oil & Natural Gas Shares Lead Decline in India's Sensex IndexThursday, July 29, 2010 @ 11:29PMIndia’s stocks fell, with the benchmark index set for its first weekly slide in four weeks. Hero Honda Motors Ltd. led the drop after its first-quarter earnings fell short of analysts’ estimates.

Indian rupee climbs to new 1-month highThursday, July 29, 2010 @ 9:59PM* Banks sell dollars on behalf of foreign investors

Oppn unites to blast a `committed' bureaucracyThursday, July 29, 2010 @ 3:15PMOpposition parties in the state came out in the open and joined hands against the functioning of, what they called, `committed bureaucracy' in Mayaraj.

HCL Tech Q4 net profit up 3.7%Thursday, July 29, 2010 @ 3:06PMIndian IT major HCL Technologies on Thursday posted a 3.7 per cent increase in its net profit for fourth quarter ended June 2010 amid an improved demand for outsourcing and growth in enterprise applications and engineering services, even as it flagged concerns on Europe and cross currency movement.

Foreign borrowings increase 156% to $1.8 billion in JuneThursday, July 29, 2010 @ 1:39PMAfter a marked fall in May, external commercial borrowing (ECB) picked up in June primarily due to demands by telecom companies.

Rupee stronger by 18 paise to 46.53/54 against dollarThursday, July 29, 2010 @ 10:44AMMumbai, Jul 29 : The Rupee today strengthened by 18 paise to settle at 46.53/54 against the dollar on heavy offloading of the American currency by foreign funds, traders at the Interbank Foreign Exchange (FOREX) said here.

Climate Change: Plankton In Big Decline, Foundation Of Ocean's Food WebThursday, July 29, 2010 @ 10:23AMWASHINGTON Despite their tiny size, plant plankton found in the world's oceans are crucial to much of life on Earth. They are the foundation of the bountiful marine food web, produce half the world's oxygen and suck up harmful carbon dioxide.

CORRECTED - CORRECTED-UPDATE 2-HCL Tech net up marginally, shares riseThursday, July 29, 2010 @ 6:51AM(Corrects seventh paragraph to say operating margins fell 350 basis points not rise 0.1 percent)