Economy

Rupee on the downslide leaves economy in tearsRupee on the downslide leaves economy in tears

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 bnIndia’s forex reserves down $1.08 bn

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: ReportDelhi’s per capita income highest in India: Report

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

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 percentIndia’s economic growth slumps to 4.4 percent

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: PMIndian economy to grow at 5.5 percent this fiscal: PM

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: PMRupee slide a concern, but no capital controls: PM

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

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/dollarRupee posts sharp recovery, pulls back below 67/dollar

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: PMDomestic, international factors behind economic turmoil: PM

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-MEnd subsidies to rich, says CPI-M

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 crisisParrikar blames SC for rupee crisis

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

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: PMCountry faced with difficult economic situation: PM

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

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 TataLeadership deficit aggravating India’s economic problem: Ratan Tata

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

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 downRupee closes at 68.80, nearly 3.8 percent down

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