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Indian Rupee lower at 61.93 per dollar Trade4taret daily news on the indian Rupee and Indian market so daily visit our blogs for stock tips , share market and about Indian market. The partially convertible rupee opens at 61.93 per dollar compared with its previous close of 61.88

Information with guidelines on how to apply for NRI account, NRI rupee checking account, NRI rupee account, NRE account, NRE rupee account and NRI accounts in different Indian banks for NRIs.

The rupee appreciation has hurt the competitiveness of Indian exports and further appreciation should be prevented, said Chandrajit Banerjee, Director General, the Confederation of Indian Industry (CII) in New Delhi recently.

Strengthening Indian rupee once again made China, Bangladesh's number one trading partner.

The domestic currency has gained 26 paise, strengthened to a near 19-month high on Monday, in line with other firming currencies amid increased capital inflows by foreign funds into the stock markets.

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said

The working of Indian businesses has been severely dented by a 40 percent hike in prices of cotton yarn, tumbling values of dollar and euro against the Indian rupee and a sharp increase in minimum wages for workers in the national capital, said Apparel Export Promotion Council (AEPC) in a release on Tuesday.

Indian rupee is at its multi month low and experts are expecting more fall. TheEquicom Research provides your stock market news and updates after a deep technical research. Visit our website and take free trial.

Although Indian exporters have hailed the recent move by China to make yuan more flexible in near future, they are still apprehensive about its possible benefits, which will be nullified if rupee continues appreciating or China shows lack of commitment to what it has promised.

Rupee's impressive rise above 11 percent against the European Euro in 2010, could possibly eat away at the profits of several textile firms, and further reduce India's already dwindling trade with the European Union (EU).

The Federation Of Indian Export Organisations (FIEO) on Monday said that higher dollar inflows from Foreign Institutional Investors (FIIs) has created rupee volatility, which in turn, severely impacting the country's export sector.

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said

Indian plastic exporters are seeking government support as the sector, which comprises largely small and medium enterprises (SMEs), has been facing numerous challenges including the Eurozone crisis, volatility of rupee, poor infrastructure and lengthy documentation process at lower levels, which are hurting particularly the small firms.

The Punjab government has ordered a high-level enquiry into the multi-million-rupee scam in the agriculture sector revealed through information obtained by an NGO through the Right to Information (RTI) Act.

Once again a volatile rupee threatens to take a toll on exporters. On Monday, India's currency touched a near 19-month high against the dollar at Rs 45.04 per dollar, recording a 13.4 percent rise over Rs 52.06 to a dollar in March 2009.

The Reserve Bank of India (RBI) Wednesday cautioned the public against fraudulent e-mails on winning millions of rupees in lotteries.

The knitwear industry in Tirupur is on a recovery path. It has started limping back to normalcy after all the problems it faced in the wake of rupee appreciation, global slowdown and high cost of materials, besides the rise in dyeing charges.