foreign fund

Rajasthan: Around Rs 4.5 crore cash seized from car

Rupee rallies 40 paise on corporate tax cut

7:31 pm September 20, 2019

Mumbai: The Indian rupee on Friday rose by 40 paise to settle at 70.94 to the US dollar after forex market sentiment was buoyed by the government decision to slash corporate taxes. The news of lowering corporate tax rejoiced the equity market as well, but the bond market did not take the announcement very well. […]

Rupee slips 10 paise to 71.34 against USD

7:07 pm September 19, 2019

Mumbai: The rupee dropped 10 paise to close at 71.34 against the US dollar on Thursday as heavy selling in domestic equities, unabated foreign fund outflows and rising crude oil prices kept investors edgy. Forex traders said investors also turned cautious after the US Federal Reserve dimmed hopes of further rate cuts. At the interbank […]

Sensex tanks 306 pts; HDFC twins sink

5:35 pm July 22, 2019

Mumbai: Extending losses for the third consecutive session, market benchmark BSE Sensex tumbled 306 points at close on Monday led by a carnage in shares of HDFC twins amid weak global cues. Unabated foreign fund outflows and a depreciating rupee too weighed on investor sentiment here, traders said. The 30-share index cracked 305.88 points or […]

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