global currencies

‘India must cut subsidies, push reforms to defend rupee’


June 24th, 2012 - 5:09 pm ICT by IANS
New Delhi, June 24 (IANS) The Indian rupee is likely to slide further and might soon touch 58 to the dollar as regulatory measures by the central bank are unlikely ... Read more...

Posted in Business |

Rupee sinks to 56.18 against dollar (Lead)


May 23rd, 2012 - 7:57 pm ICT by IANS
Mumbai, May 23 (IANS) The Indian rupee breached another psychological level of 56 against a dollar Wednesday and plunged to a low of 56.18 in the intra-day, hitting a ... Read more...

Posted in Business |

Rupee slides below 56 against dollar


May 23rd, 2012 - 2:55 pm ICT by IANS
Mumbai, May 23 (IANS) The Indian rupee breached another psychological level of 56 against a dollar Wednesday, hitting a new low for the sixth session in a row.This follows ... Read more...

Posted in Business |

Tata Consultancy Services net profit up 32 percent


October 21st, 2010 - 9:18 pm ICT by IANS
Mumbai, Oct 21 (IANS) India's largest software services company Tata Consultancy Services Thursday reported a 32 percent rise in the net profit at Rs.2,169 crore for the quarter ended Sep 30.The ... Read more...

Posted in Business |

Canadian currency becomes costlier than US dollar


April 15th, 2010 - 12:58 pm ICT by IANS
Toronto, April 15 (IANS) Driven up by rising commodity and oil prices, the Canadian dollar has crossed parity with the US dollar for the first time in two years. At the end of ... Read more...

Posted in Business |

Indian rupee will have distinct identity


February 26th, 2010 - 4:59 pm ICT by IANS
New Delhi, Feb 26 (IANS) The Indian rupee will soon join a select league of global currencies by having a distinct identity to distinguish it from other similar looking currencies, said ... Read more...

Posted in Business |

Canadian dollar on rampage, government worried


August 5th, 2009 - 9:05 am ICT by IANS
Toronto, Aug 5 (IANS) The Canadian dollar - the only among the major global currencies - is on the rampage, reaching its highest level against the US dollar in 2009 Tuesday. The loonie, ... Read more...

Posted in Business |

Bucking trend, Infosys net up 30 percent in second quarter (Second Lead)


October 10th, 2008 - 4:12 pm ICT by IANS
Bangalore, Oct 10 (IANS) Undeterred by the global meltdown and currency volatility, India's second largest IT bellwether Infosys Technologies Friday reported net profit of Rs.14.32 billion for the second quarter (July-September) of ... Read more...

Posted in Sci-Tech |

US dollar could drop by 10 percent, says Canadian report


September 27th, 2008 - 9:39 am ICT by IANS
Toronto, Sep 27 (IANS) A Canadian bank report says the US dollar could fall as much as 10 per cent in the ``near to medium'' future.In its report titled `Will the US ... Read more...

Posted in World |

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