New Delhi: The recent surge in global oil prices has made the government worried. Petroleum and Natural Gas Minister Veerappa Moily met Finance Minister P. Chidambaram on Thursday to discuss the situation arising out of
Mumbai: The rupee on Friday fell by 75 paise to 67.30 against the dollar in early trade, after Thursday's strong recovery, at the Interbank Foreign Exchange market on month-end dollar demand from importers amid strengthening
New Delhi: The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting
New Delhi: Domestic markets surged about 2.2 per cent at the closing session after RBI announced fresh measures to check the rupee's free fall amid firm global cues. Domestic sentiment also turned better amid a
New Delhi: Moody's Investors Service has called India's plans to provide cheap grains to the poor is credit negative and will exacerbate the government's weak finances. Termed a "game-changer" by UPA-2, the Food Security Bill
New Delhi: Commerce Minister Anand Sharma on Thursday said he had not advocated auction or mortgaging of country's gold stocks and only suggested that RBI look at 'monetising' the reserves to contain the widening current
New Delhi: New Delhi: Under attack in Parliament over the sliding rupee, Prime Minster Manmohan Singh on Thursday conceded that the country was facing a "difficult" economic situation and has to reckon with the uncertainties
New Delhi: The rupee has never been in so bad shape as it is now. On August 28, the Indian currency slumped to a record low near 69 to the US dollar on growing worries
New Delhi: As the Indian rupee fell below the 68-mark and global agencies painted a gloomy outlook for the economy, the government today sought to reassure investors by saying there was no need for panic
New Delhi: The battered rupee recovered on Thursday on fresh selling of dollar by banks and exporters due to fresh measures announced by RBI to check the rupee's free fall. The rupee trimmed its initial
New Delhi: As the rupee fell below the 68-mark and global agencies painted a gloomy outlook for the economy, the government today sought to reassure investors by saying there was no need for panic as
New Delhi: BNP Paribas has cut India's GDP forecast to 3.7 per cent for fiscal 2014 from 5.2 per cent previously. BNP said the risk to India's economic growth has increased due to RBI's cash
New Delhi: As rupee's record fall against the US dollar continues to hog the limelight, it has also lost ground and breached key levels against a host of other currencies including British pound, euro and
New Delhi: Gold prices surged further to Rs 34,000 on Wednesday as the rupee descended to record lows against the dollar, and safe-haven investment in the yellow metal rose globally.Silver also soared to near six
New Delhi: Indian equity markets opened on a weak note on Wednesday with benchmark indices plunging by over 2 per cent each, on sustained selling by FIIs on fears of burgeoning fiscal deficit and a
New Delhi: Amid continuing economic uncertainties, a lesser number of companies at plan to create new jobs in the coming months, while some employers also expect job cuts, says a survey by job portal Naukri.com.Just
New Delhi: Reports suggest that the government may hike diesel prices by as much as Rs 5-6 per litre. An extremely sharp fall in rupee and the recent strengthening in global oil prices have shot
New Delhi: Breaching the 67-level, the rupee fell again on Wednesday to hit yet another life-time low of 67.35 against the US dollar on the back of heavy month-end demand for the dollar from banks
Mumbai/New Delhi: The rupee today collapsed to a lifetime low of 68.85 against the dollar and closed at 68.80, registering its biggest single-day loss of 256 paise, as global oil prices jumped, deepening concerns about
New Delhi: With 12 per cent drop in Indian rupee value against the US dollar making imports costlier, state-owned oil firms have demanded a one-time steep increase in diesel rates to make for the widening
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