The Troubled Rupee

An employee uses an electronic machine to check a rupee note inside a bank in Allahabad December 16, 2011. REUTERS/Jitendra Prakash/Files

Rupee slumps to record low; closes in on 60/dollar

The rupee slumped to a record low of 59.9850 on Thursday as India's record high current account deficit is exacerbating its vulnerability in an emerging market rout, although interventions by the Reserve Bank of India (RBI) prevented further falls.  Full Article 

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Slowing Down QE

Slowing Down QE

Bernanke says Fed likely to reduce bond buying this year.  Full Article 

Surveillance System

Surveillance System

India sets up elaborate system to tap phone calls, e-mail.  Full Article 

Monsoon Floods

Monsoon Floods

Death toll in Uttarakhand monsoon floods crosses 150  Full Article 

China Factory Activity

China Factory Activity

China June flash HSBC PMI hits nine-month low on weak demand.  Full Article 

FIIs and Banks

FIIs and Banks

High FII holding makes private banks vulnerable after Fed - analysts.  Full Article 

Sony's Plans

Sony's Plans

Sony CEO asks for patience as shareholders press on spinoff plan.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Sensex gains; ONGC, HPCL rise

Related Topics

Stocks

   
Horsing Around

Horsing Around

Snapshots of horses on different courses.  Slideshow 

» Click here for more slideshows
Brokers trade on their computer terminals at a stock brokerage firm in Mumbai July 23, 2008. REUTERS/Punit Paranjpe/Files

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai July 23, 2008.

Credit: Reuters/Punit Paranjpe/Files

Tue Feb 12, 2013 10:33am IST

Reuters Market Eye - The Sensex is up 0.25 percent and the Nifty rises 0.16 percent. Shares in state-run Oil and Natural Gas Corp (ONGC.NS) rose 2 percent a day after its October-December net profit beat market expectations, while Hindustan Petroleum Corp (HPCL.NS) rose 0.6 percent ahead of its October-December results later in the day.

Jindal Steel and Power (JNSP.NS) falls 1.4 percent ahead of its October-December earnings later in the day.

The government will release industrial output data for December around 11 a.m. According to a Reuters' poll of analysts, the worst is probably over for flagging Indian factories and industrial production could grow an annual 1.1 percent in December.

(Reporting by Abhishek Vishnoi)
Business
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.