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The official said that in the last five years rupee was stable against all the major currencies except dollar.

Rupee hits new low of 74.13, plunges 55 paise against US dollar

Rupee was quoted 55 paise lower at 74.13 against dollar soon after RBI announced its monetary policy.

5 Oct 2018 3:06 PM IST

RBI Governor Urjit Patel. (Photo: PTI)

Reserve Bank of India keeps key policy rate unchanged at 6.50 per cent

RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.

5 Oct 2018 2:42 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI seen raising rates again as rupee slide accelerates

A rate hike should make domestic yields on debt more attractive for foreign investors.

5 Oct 2018 10:39 AM IST

The Sensex plunged 407.40 points or 1.18 per cent to close the day at 34,005.76 while the Nifty slipped 121.90 points or 1.15 per cent to end the day at 10,454.95.

Sensex drops below 35,000-mark ahead of RBI policy outcome

The BSE Sensex fell over 300 points ahead of RBI's bi-monthly policy meet outcome amid weak global cues.

5 Oct 2018 10:30 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee recovers 6 paise against dollar ahead of RBI policy outcome

Rupee is trading at 73.52 against dollar at forex market ahead of the RBI's monetary policy outcome.

5 Oct 2018 10:18 AM IST

The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)

Rupee crashes to all-time low of 73.81 on capital outflows, rising oil...

The rupee has lost 110 paise or 1.51 per cent in the three sessions since Monday.

4 Oct 2018 7:42 PM IST

Recording a personal best timing of 1:46:15 seconds, Manjit became the first Indian since Charles Borromeo in 1982 to win the 800m event. (Photo: PTI)

Don't come empty-handed: Family's promise fuelled Manjit Singh's drive...

A late flourish during the Asian Games 2018 men's 800m metre final would see Manjit Singh snatch gold from Jinson...

4 Oct 2018 7:19 PM IST

Union Minister of Finance, Defence and Corporate Affairs, Arun Jaitley with M D & CEO, ICICI Bank Chanda Kochhar during the launch of the 100 ICICI Digital Villages (Photo: PTI)

Chanda Kochhar: The fall of a feisty woman who broke the glass ceiling

She joined ICICI as a management trainee in 1984 and rose to play an important part in its transformation.

4 Oct 2018 7:02 PM IST

Vehicles will soon come fitted with number plates and the cost will be included in the four-wheelers price, Union Minister Nitin Gadkari said.

Country facing 'economic crisis' due to crude oil imports: Gadkari

Rising international oil prices are inflating domestic transport fuel costs in a strong demand environment.

4 Oct 2018 4:23 PM IST

A broker in sad mood after market BSE Sensex crashed. (Photo: File/PTI)

Sensex tanks over 800 points to close at 35,169; Nifty ends at 10,599

The BSE 30-share barometer pared some losses and ended 806.47 points, or 2.24 per cent, lower at 35,169.16.

4 Oct 2018 4:01 PM IST

Central Bureau of Investigation (CBI)

CBI justifies not challenging Amit Shah's discharge plea in...

Of 38 people charged by CBI, 16, including Shah and all senior officers of Gujarat and Rajasthan police, have been...

4 Oct 2018 1:49 PM IST

Police use water cannons to disperse farmers protesting at Delhi-UP border during Kisan Kranti Padyatra. Image: PTI

Deepening farmers' crisis could hurt Modi's re-election bid in 2019

Thousands of farmers marched to New Delhi on Tuesday to demand better prices for their produce.

4 Oct 2018 1:07 PM IST