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Latest India Foreign Exchange News

  • BUYINS.NET: LGDI, AVAL, CNMY, DPHG, PRCF, MLKKF Have Also Been On … 12 May 2008 10:57 GMT
    ... The Company offers products related to the Foreign Exchange ("Forex"), the world's largest capital market according ... publishes a weekly English language newspaper, The Indian Express North American Edition, comprising three regional ... operates as the managing partner for the INDIA LIVE channel on DIRECTV, which offers news ...

  • NRIs seek compensation for rupee appreciation 12 May 2008 10:19 GMT
    ... Dubai, May 12: Indian expatriates in UAE have demanded a compensation ... which had saved the country from the foreign exchange crisis towards the end of 1980s and ... Khaleej Times . "So the Government of India should own up its responsibility to support ...

  • BUYINS.NET: LGDI, AVAL, CNMY, DPHG, PRCF, MLKKF Have Also Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days 12 May 2008 09:55 GMT
    ... The Company offers products related to the Foreign Exchange ("Forex"), the world's largest capital market according ... publishes a weekly English language newspaper, The Indian Express North American Edition, comprising three regional ... operates as the managing partner for the INDIA LIVE channel on DIRECTV, which offers news ...

  • Rupee declines to 41.64 per dollar 12 May 2008 09:35 GMT
    ... India Infoline News Service / Mumbai May 12, 2008 11:03 Rupee declined to 41.64 per dollar as near-record ... speculation that exporters have reduced sales of foreign exchange earned abroad, expecting the rupee to extend ...

  • Kotak Mahindra Bank Group Q4 Net Up 42% On Higher Net Interest Income 12 May 2008 06:15 GMT
    ... an increase in net interest income. The Mumbai-based company posted fourth-quarter consolidated net profit, of ... 31, 2008, for potential losses from the foreign exchange derivative transactions of its clients. The ...

  • Indo-Japan relations receive big momentum 12 May 2008 05:30 GMT
    ... India Infoline News Service / Mumbai May 12, 2008 08:55 Government of Japan ... short term liquidity crisis. Though, given the foreign exchange reserves of either country, such a situation ...

  • Expat Indians demand compensation for rupee appreciation 12 May 2008 05:13 GMT
    ... on the impact of appreciation of the Indian rupee on remittances has revived the demand ... as an eye-opener for the Government of India to the need for adequately compensating the ... expatriates which saved the country from the foreign exchange crisis it had fallen into towards the ...

  • World moving away from falling dollar, but slowly 12 May 2008 05:12 GMT
    ... the currency of international trade and global foreign exchange reserves. Most analysts have predicted a decline ... Like all countries participating in international trade, India also needs a credible medium of exchange ... the currency wise composition of its reserves. Indian exporters too have been seeking ways to ...

  • Slow growth rate in profit continues 12 May 2008 05:12 GMT
    ... necessary to take a quick look at India Inc's performance so far. While this is ... witnessed a slower growth as companies incurred foreign exchange (forex) losses due to weakening of the ... IFCI. Hindalco Industries, which amalgamated its subsidiary, Indian Aluminium, with itself during the quarter, reported ...

  • Increased consumption cause for concern 12 May 2008 04:27 GMT
    ... of developing giants such as China and India. "Population is increasing, and the income of ... of India's middle class fueled price spikes, Indian officials struck back, pointing to their grain ... India could soon begin using its substantial foreign exchange reserves to buy food on the international ...

  • New coastal zone management rules by end of June 11 May 2008 19:13 GMT
    ... Regulation Zone rule 1991 that now governs India's 7,600-km-long coastline. The new rules will allow ... exports, about four percent of the country's foreign exchange income. The NFF campaign is called Machhimar ... said, keeping in mind the disputes between Indian and Pakistani fishermen on one hand, and ...

  • CRR, auctions may strain liquidity, Re to dip 11 May 2008 16:36 GMT
    ... surplus this week. The Reserve Bank of India (RBI) has already sucked out Rs 18,500 crore ... ended May 2. On the other hand, foreign exchange inflows will continue to remain subdued as ... a wide range of 7.80-8.00 per cent. Rupee: Set to dip The spot rupee may ...

  • China, India supersize their appetites 11 May 2008 10:49 GMT
    ... of developing giants such as China and India. "Population is increasing, and the income of ... of India's middle class fueled price spikes, Indian officials struck back, pointing to their grain ... India could soon begin using its substantial foreign exchange reserves to buy food on the international ...

  • Fishing communities on long march to protect livelihood 11 May 2008 10:30 GMT
    ... June-end, about two million people living in India's 3,200-odd coastal villages and hundreds of towns ... exports, about four percent of the country's foreign exchange income. The NFF campaign is called Machhimar ... said, keeping in mind the disputes between Indian and Pakistani fishermen on one hand, and ...

  • World's giants to alter food equation: As China and India rise, diets change and demands soar 11 May 2008 05:36 GMT
    ... of developing giants such as China and India. "Population is increasing, and the income of ... of India's middle class fueled price spikes, Indian officials struck back, pointing to their grain ... India could soon begin using its substantial foreign exchange reserves to buy food on the international ...

  • Developing Nations Contribute Heavily to Food Crisis 11 May 2008 01:11 GMT
    ... of developing giants such as China and India. "Population is increasing, and the income of ... of India's middle class fueled price spikes, Indian officials struck back, pointing to their grain ... India could soon begin using its substantial foreign exchange reserves to buy food on the international ...

  • Densely populated countries will alter global food equation 10 May 2008 22:37 GMT
    ... of developing giants such as China and India. "Population is increasing, and the income of ... of India's middle class fueled price spikes, Indian officials struck back, pointing to their grain ... India could soon begin using its substantial foreign exchange reserves to buy food on the international ...

  • Rupee recovers by 17 paise against US dollar 10 May 2008 07:20 GMT
    ... After three days of steep fall, the Indian rupee recovered marginally by 17 paise to ... rise. In quite trade at the Interbank Foreign Exchange (Forex) market, the domestic currency opened higher ... in later part of the day as India imports nearly 70 per cent of its ...

  • Asia Growth Cruising, Could Be Torpedoed By Global Crisis 10 May 2008 04:29 GMT
    ... Crisis WASHINGTON, May 10 (Bernama)-- China and India led economic expansion in Asia, but growth ... has, among other things, successfully managed strong foreign exchange inflows, but thatChina would grow by a ... compared to 11.5 percent in 2007. The Indian economy is expected to expand by 8.4 ...

  • Kotak says clients lost Rs612 crore 9 May 2008 20:53 GMT
    ... linked to events such as changes in foreign exchange rates. Mark to market is an accounting ... instrument based on its prevailing market price. Indian companies may lose $4 billion (Rs16,560 crore) ... banks). India’s largest lender, State Bank of India, has made no provision for such losses, ...

  • Nissan to outsource sales network in India 9 May 2008 19:29 GMT
    ... on Friday it had appointed Hover Automotive India Pvt. Ltd to develop its sales network ... crude rises Mumbai: The nation’s biggest refiner, Indian Oil Corp. (IOC), and its state-run counterparts ... project said on condition of anonymity. India’s foreign exchange reserves declined $371 million (Rs1,536 crore) to ...

  • Graduation, IUP's crown jewels, Justin, etc. 9 May 2008 19:27 GMT
    ... media department who also worked in the foreign exchange department, recruiting foreign students from southern Asia, ... recruiting foreign students from southern Asia, specifically India and Pakistan. Mrs. Howard was also a ... will be held May 17 at the Indian Springs Country Club. All veterans, regardless of ...

  • Elusive SAFTA 9 May 2008 18:39 GMT
    ... elusive. This raises the question: what should India do? With Pakistan unwilling to extend the ... enjoying a large and comfortable volume of foreign exchange reserves that it hadn't seen in the ... seen in the past five decades. The Indian economy is growing at an average rate ...

  • THE GREAT GAME REVIVED AND THE GEOPOLITICAL WAR OF CIVILIZATIONS 9 May 2008 17:15 GMT
    ... exporter with over 1,6 trillion Dollars of foreign exchange reserves, while Russia holds major reserves of ... achieve independence on its own and if India did not want to annex it, they would ... and China as they accused the New Delhi Government of “timidity” in opposing Tibet’s annexation ...

  • Scotiabank woos Indians in Canada 9 May 2008 14:31 GMT
    ... bank working in five major cities of India for over 20 years, has launched a ... has launched a new programme to attract Indian newcomers in Canada. "We are aware of ... start building their credit history, access to foreign exchange services and the ability to transfer money ...


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