Economy

Rupee on the downslide leaves economy in tears

With the rising dollar rate, the rupee has been fractured to pieces. We are struggling to cope up with this…

10 years ago

India’s forex reserves down $1.08 bn

India's foreign exchange (forex) reserves decreased by $1.08 billion to $277.72 billion for the week ended Aug 23, according to…

10 years ago

Delhi’s per capita income highest in India: Report

Delhi's average per capita income, at more than Rs.2 lakh per year in 2012-13, is the highest in India

10 years ago

As rupee falls, IMF wants India to keep up policy efforts

Saying that the falling rupee presents India both a challenge and an opportunity, the International Monetary Fund (IMF) wants New…

10 years ago

India’s economic growth slumps to 4.4 percent

India's economic growth slumped to 4.4 percent during the quarter ended June 30, due to poor showing of manufacturing, mining…

10 years ago

Indian economy to grow at 5.5 percent this fiscal: PM

Prime Minister Manmohan Singh on Friday said the Indian economy is expected to grow at around 5.5 percent in the…

10 years ago

Rupee slide a concern, but no capital controls: PM

Prime Minister Manmohan Singh on Friday said while the sharp slide in the value of the rupee caused by external…

10 years ago

Fundamentals of economy strong, will reverse rupee setback, PM promises Parliament

Prime Minister Manmohan Singh's address to Lok Sabha on rupee and economic crisis.

10 years ago

Rupee posts sharp recovery, pulls back below 67/dollar

the Indian rupee recovered below 67 per dollar after falling to as low as 67.43 against the greenback in early…

10 years ago

Domestic, international factors behind economic turmoil: PM

Prime Minister Manmohan Singh on Thursday said India is passing through a difficult economic situation due to a combination of…

10 years ago

End subsidies to rich, says CPI-M

The answer to India's problems lies in ending subsidies for the rich and using these resources to build infrastructure for…

10 years ago

Parrikar blames SC for rupee crisis

The Supreme Court is to be blamed for the current rupee crisis, Goa Chief Minister Manohar Parrikar said on Thursday.

10 years ago

India not going through 1991-like crisis: Washington’s CFO

Excessive self-criticism is sending wrong signals to foreign investors and the current economic scenario in India is not comparable with…

10 years ago

Country faced with difficult economic situation: PM

Prime Minister Manmohan Singh on Thursday said the "country is faced with difficult economic situation" and several domestic and international…

10 years ago

Rupee likely to jump as RBI opens dollar window for oil firms.

In its latest effort to save the battered rupee, the Reserve Bank of India said it will directly provide dollars…

10 years ago

Leadership deficit aggravating India’s economic problem: Ratan Tata

A leadership deficit is aggravating the economic crisis in India, Tata Group Chairman Emeritus Ratan Tata has said adding that…

10 years ago

Sensex ends flat; Rupee falls to a record low of 68.80

After tanking substantially in the early trade, a benchmark index of Indian equities markets Wednesday closed flat, even as the…

10 years ago

Rupee closes at 68.80, nearly 3.8 percent down

High month-end dollar demand from oil importers and private requirements pushed the partially-convertible Indian rupee to a new record low…

10 years ago