Why US recovery is good news for the rupee

Any news coming from the US has strong influence on the fortunes of the Indian currency. Information that gave the impression that the US Fed will taper its asset purchase programme - quantitative......

Commodity prices rise on Obama's victory

Barack Obama's re-election as the President of the United States has proved favourable for commodities markets amid hope that the recently announced third round of quantitative easing (QE3) for......

Is gold losing its sheen?

Gold rally led by monetary support falters as problems over debt and economic growth resurface. Gold, the bright yellow metal saw firm rally from its intermittent low around $1550 an ounce......

Rupee jumps 13 paise vs dollar ahead of US Fed policy meet outcome

The Indian rupee appreciated for the second day in a row and ended 13 paise higher at 60.92 against the Greenback following sustained dollar selling by exporters ahead of a decision on US interest......

World Championship: Gukesh loses to Ding; match tied at 6-6

IMAGE: Ding Liren and Dommaraju Gukesh in action during Game 12 of the World Chess Championship 2024 on Monday. Photograph: Eng Chin An/FIDE Indian challenger D Gukesh lost the 12th game against......

Chess C'ship: Gukesh's miscalculation costs him Game 1

Ding Liren draws first blood; beats Gukesh in World Championship opener IMAGE: D Gukesh lets it slip as Ding Liren draws first blood in World Championship opener.Photograph: FIDE/X Grandmaster D......

Anand grabs lead in World chess final

Viswanathan Anand crushed Vladimir Kramnik with black pieces to score the first victory in the 12-game World Chess Championship final in Bonn on Friday. Anand, who had played Kramnik in the Slav......

Grenke Chess Classic: Anand settles for draw

World champion Viswanathan Anand played out a fighting draw with Michael Adams of England in the first round of the Grenke Chess Classic that got underway in Baden-Baden, Germany. After a last......

Anand draws with Topalov, stays joint-second

World champion Viswanathan Anand played out a draw with Veselin Topalov of Bulgaria to remain in joint-second after end of the eighth round in the Pearl Spring Chess tournament in Nanjing, China,......