Several questions were raised over the sudden rush of people in exchange for Rs 2000 notes and ED, Economic Offense Wing Officials are investigating the matter.
Amid speculations at emergence of bank notes having a star (*) symbol in the number panel, the Reserve Bank of India (RBI) on Thursday clarified that these are the same as any other legal tender, with the only difference being that in the number panel, a star symbol is added between the prefix and the serial number.
Infosys ADR slumped by more than 9 per cent in pre-market trade after the company cut revenue guidance.
One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be the immediate uptick in consumption demand, according to the State Bank of Indias Economic Research Department.
Delhi Chief Minister Arvind Kejriwal on Friday wrote to Prime Minister Narendra Modi urging him to introduce currency notes with pictures of Lord Ganesh and Goddess Laxmi along with that of Mahatma Gandhi.
The rupee strengthened by 12 paise to 67.21 against the dollar in early trade today on fresh selling of the US currency by exporters and banks amid higher opening in the domestic equity market.
The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others, according to a report issued on Friday.
The rupee strengthened by 11 paise to 63.55 against the dollar in opening tradeon Friday on fresh selling of the…
The central parity rate of the Chinese currency, the renminbi or the yuan, weakened 239 basis points to 6.5207 against…
The rupee recovered by 5 paise to 63.66 against the dollar in early trade on Wednesday on mild selling of…
