Rupee slips further, settles below 71-level against USD

Mumbai, Jan 16 The Indian rupee Tuesday plunged by another 13 paise to close at one-month low of 71.05 against the US dollar amid strengthening greenback and surging crude oil prices.

At the Interbank Foreign Exchange, the rupee opened weaker at Rs 70.79 then lost further ground…

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Sebi fines 10 entities for fraudulent trading in Mindvision Capital shares

New Delhi, Jan 15 Market regulator Sebi imposed a fine totalling Rs 34 lakh on 10 entities for indulging in fraudulent trading in the shares of Mindvision Capital.

The Securities and Exchange Board of India (Sebi) had conducted an investigation in the trading activities of the company between June 2009…

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Sensex falls 96 points, Nifty ends below 10,800

New Delhi Jan 12 Surrendering early gains, benchmark Sensex on Friday dropped 96 points to end at 36,009.84 as investors booked profits even as global equities rose.

The 30-share index opened on a strong note at 36,191.87, but failed to hold on its gains and…

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Rupee rises 14 paise against US dollar in early trade

Mumbai, Jan 11 The rupee Thursday appreciated 14 paise to 70.32 against the US dollar in early trade amid weakness in the American currency on uncertainty over Federal Reserve rate hikes following the release of Fed meet minutes.

Forex traders said the weakness in the US dollar against other…

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