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Thursday
July 2018
9:42 AM IST
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Business News
Rupee up 19 paise against dollar ahead of key macro data release
 
Mumbai, Jul 12 (PTI) The rupee firmed up by 19 paise to 68.58 against the dollar in early trade today ahead of release of key index of industrial production (IIP) and inflation data amid foreign capital inflows.

Forex dealers said selling of the greenback by banks and exporters supported the rupee. However, dollar's strength against other currencies overseas, due to mounting US-China trade tensions and strong US inflation data, capped the gains.

Further, investor sentiment turned positive following higher opening of the domestic equity market, they added.

The benchmark BSE Sensex was trading an all-time high of 36,490.38, surging by 224.45, or 0.62 per cent, in opening trade today.

Yesterday, the rupee had gained 5 paise at 68.77 against the US currency today on the back of some stray dollar-selling by exporters and banks.


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Govt doubles import duty on over 50 textile products
Walmart partners with Microsoft for cloud solutions
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar
May announces new 2 bn pounds UK-Italian fighter jet project
Mukesh Ambani beats Alibaba's Jack Ma to become richest man in Asia
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US dollar ends cheaper against rupee
BSNL starts first internet telephony service in India
Silver futures harden by 0.19% on global cues
Passenger vehicle sales rise 38% in June; car sales up 34%
DoT clears Idea-Vodafone merger with conditions
Goyal asks Coal India to ensure supply for power sector
Higher MSP may have inflation, fiscal costs: Report
Modi govt needs to shed 'obsession' with economic growth: Jean Dreze
Will work closely with West Bengal for its progress: Prabhu
Mukesh Ambani announces high-speed broadband, Jio Phone 2 with WhatsApp, FB
Gadkari flags off taxi ambulance services
India expecting US to get in touch with it over sanctions on Iran
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
'Not too late to save Brexit': ex-foreign secretary Johnson
 London, Jul 18 (AFP) Former British foreign minister Boris Johnson urged the government today to cha
Canada: Trudeau set to reshuffle govt ahead of 2019 election
Official: 54 released from Taliban prison in Afghanistan
Putin: US-Russia ties should not be held hostage to Mueller probe
NATIONAL NEWS
Woman alleges rape by Delhi-based singer
 New Delhi, July 18 (PTI) A woman has accused a Delhi-based Punjabi singer of raping her, the police
Opposition parties commit to fight against any amendment in RTI Act
Tharoor blames right-wing activists for attacks, demands PM intervention
Two dead, 3,500 relocated as rains lash parts of Gujarat
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