RupeeNews and information about the rupee.Up PF scam: SC to fix date for considering plea for Cbi probe- September 17, 2008 New Delhi, Sep 17: The Supreme Court today said it would fix on September 23 an early date for examining the question of ordering a CBI probe into the multi-crore rupee Uttar Pradesh provident fund scam ...http://www.saharasamay.com/samayhtml/articles.aspx?newsid=105555 Markets remain under pressure, Sensex down 256 pts- September 17, 2008 Mumbai, Sep 17: In alternate bouts of buying and selling the benchmark Sensex today closed down by 256 points paring its initial gains with the banking stocks coming under pressure while realty shares continued ...http://www.saharasamay.com/samayhtml/articles.aspx?newsid=105554 Realty summit to focus on planned urban development- September 17, 2008 By Fakir Balaji, Panaji, Sep 17 : About 300 delegates from India and abroad have descended on this picturesque coastal city to draw up a blueprint for planned urban development and healthy growth of realty ...http://www.newkerala.com/topstory-fullnews-23482.html Government ends export sops; may ease overseas borrowing rules for companies- September 17, 2008 Mumbai: The government has called a halt to all export incentive schemes, except for the textile sector which was facing a tough market, as the rupee plunged to a 2-year low near 47 against the dollar.http://www.domainb.com/industry/general/20080917_government.html Rupee rises from Tuesday's pits; trades at 46.28 per dollar- September 17, 2008 Mumbai: The rupee rose by 60 paise to 46.28 against the US dollar in early trading today, paring yesterday's record loss of 90 paise on expectations that the Reserve Bank may intervene to stem the rupee fall.http://www.domainb.com/finance/banks/20080917_rupee.html Pakistan plans energy sales to avoid default - Feature- September 17, 2008 Amid rising rumors of an imminent financial default, the government of Pakistan recently laid out an ambitious emergency plan to dispose of its multibillion-US-dollar energy assets to raise money.http://www.earthtimes.org/articles/show/232435,pakistan-plans-energy-sales-to-avoid-defaul... Rising dollar likely to make your cell dearer - Economic Times- September 17, 2008 NEW DELHI: If you are planning to buy a new mobile phone, brace up to pay more. A 15% rise in the dollar against the rupee has hit cellphone makers badly. All major cellphone makers are evaluating a 7-10% price increase if the dollar appreciates ...http://economictimes.indiatimes.com/News_by_Industry/Cellphones_likely_to_get_dearer/artic... Rupee incurs losses versus dollar - Daily Times- September 16, 2008 KARACHI: Bearish trend continued to prevail in the inter-bank as rupee lost grounds amid high demand of the US currency, dealers said on Tuesday. The rupee incurred a loss of 24 paisas during the days trading. The dollar started off trading at Rs ...http://www.dailytimes.com.pk/default.asp?page=2008\09\17\story_17-9-2008_pg5_26 Govt ends sops for exporters after rupee fall - Zee News- September 16, 2008 New Delhi, Sept 16: Taking note of the windfall for exporters from a sharp fall in rupee, the government today said it will stop sops for the exporting community but for the textile sector, which is still facing tough global terrain. "Export ...http://www.zeenews.com/articles.asp?aid=469636&sid=BUS Rupee posts biggest daily fall in a decade - Reuters India- September 16, 2008 MUMBAI (Reuters) The rupee posted its biggest fall in a decade on Tuesday, hit by risk aversion and banks arbitraging a weaker offshore rate, although suspected Reserve Bank of India (RBI) intervention stopped the slide just short of 47 per ...http://in.reuters.com/article/businessNews/idINIndia-35493420080916 |