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RBI appoints 2 executive directors

Mumbai, Jan 4 (PTI) Deepak Kumar and Ajay Kumar Choudhary have been promoted as executive directors of the Reserve Bank of India (RBI), the central bank said on Tuesday. Prior to being promoted as ED, Kumar was heading the Department of Information Technology of the RBI, while Choudhary was Chief General Manager-in-Charge, Department of Supervision. [...]

Sri Lanka, India to jointly develop strategic Trincomalee Oil Tank Complex

Colombo, Jan 4 (PTI) Sri Lanka has agreed to implement a joint project with India to redevelop the strategic World War II-era oil tank farm in the eastern port district of Trincomalee, the island nation's government announced here on Tuesday.The Lankan government said that after reviewing the three existing agreements with the Indian government regarding [...]

Business highlights

New Delhi, Jan 4 (PTI) Following are the top business stories at 2000 hours: DEL42 BIZ-LD STOCKS Sensex extends gains for 3rd day amid global rally; RIL, power stocks shine Mumbai: Equity benchmarks defied gravity for the third session on the trot on Tuesday, in tandem with a rally in global markets as investors shrugged [...]

Rupee slumps 30 paise to 74.58 against US dollar

Mumbai, Jan 4 (PTI) Snapping its three-session rising streak, the rupee tumbled 30 paise to close at 74.58 against the US dollar on Tuesday amid elevated crude oil prices and a strong greenback overseas. Forex traders said growing concerns over the Omicron variant of the coronavirus and its impact on economic recovery weighed on the [...]

Rupee pares initial losses, settles almost flat at 74.28/USD in first trading session of 2022

Mumbai, Jan 3 (PTI) The rupee pared its initial losses and closed with slim gains in the first trading session of 2022 on Monday, tracking positive domestic equities. Forex traders said growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as firm crude oil prices weighed on the [...]

DIRECT EXCHANGE RATES-SBI

MUMBAI, JAN 3,200 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 73.64 75.14 73.58 75.30 EURO EUR/INR 82.99 85.82 82.92 85.99 GBP/INR 98.86 102.05 98.78 102.26 JPY/INR 63.46 65.60 63.41 [...]