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Rupee shines against the dollar

By prerna

The Indian rupee opened higher by 28 paise against the US currency today as against the dollar selling by exporters and banks after global equity markets registered early gains. The Indian currency opened at 49.87/88 against dollar, a gain of 28 paise over its previous close, say officials. It is also expected that the... »

Oil prices on the rise in Asia

By prerna

Oil prices have risen on Wednesday in Asia after hitting a three-year low overnight. Investors on the other hand are trying to gauge how much the slowing U.S. and Chinese economies will hurt in their demand for crude. Light, sweet crude for January delivery was up 74 cents to $47.70 a barrel in electronic trading... »

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