Fundamentals strong; growth to improve in second half: Singh
New York: Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013-14 and that the government is com
Rupee gains 37 paise to one-week high of 62.07 vs dollar
Mumbai: The rupee gained for the second day, adding 37 paise to a one-week high of 62.07 against the dollar on Thursday as the RBI eased swap norms for banks borrowing funds overseas and exporters so
Wholesale onion prices down by Rs 5/kg; retail rates still high
New Delhi: Wholesale onion prices on Saturday fell further by about Rs 5 per kg in the national capital on increased arrival of the commodity from Karnataka, but retail rates continue to rule high at
Sensex tumbles 383 points after RBI hikes interest rate
Mumbai: The benchmark BSE S&P Sensex on Friday slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation.
The Sensex fell a
Sensex advances 158 pts before US Fed decision
Mumbai: Fuelled by late buying, the BSE benchmark Sensex on Wednesday gained for the third straight day to end 158 points higher on the back of banking, FMCG, oil&gas and healthcare shares ahead
Gold slides for fourth day on lower demand, global cues
New Delhi: Gold prices fell for the fourth straight day in the national capital on Saturday by falling Rs 450 to Rs 30,300 per ten grams on sustained selling amid a weak global trend. However, silver
Indian economy will bounce back soon: Pranab Mukherjee
Kolkata: Exuding confidence that the Indian economy will bounce back soon, President Pranab Mukherjee on Saturday said there was no reason for gloom to prevail as steps were being taken to boost inve
Shobhaa De says RBI chief is a sex symbol
Already credited with causing a bounce in battered financial markets, new Reserve Bank of India chief Raghuram Rajan was told on Friday he had become a 'sex symbol' after just a week in the job.
Rupee edges up 2 paise to 63.48; Sensex down 49 points at 19,732.76
Mumbai: The rupee on Friday recovered all of its early losses and edged up two paise to end at 63.48 against the dollar as exporters sold the US currency.
The rupee opened weaker at 63.75 on th
Rupee falls 12 paise to 63.50, snaps 5-day rally; Sensex drops 216 points
Mumbai: The rupee surrendered initial gains on Thursday and fell for the first time in six days, dropping 12 paise to close at 63.50 against the dollar on fresh demand for the US currency from