Attributing the slide in rupee value to various domestic and global factors, Union Finance Minister Pranab Mukherjee on Sunday said the Reserve Bank was taking steps to arrest the currency's depreciation.

Indian cement companies are looking at trimming costs as a bearish trend in the realty market and slo-wer pace of infrastructure projects led to slow off-take in sales in the most crucial summer seaso

Continuing its slide against the US dollar for the seventh day in a row, the rupee hit new record low of 56.38 in late morning trade on Thursday amid firm demand for the American currency from impo

In the face of a public outcry in India over rising oil prices due to Iran oil sanctions, the US said it was trying to help New Delhi find alternative sources of supply.

"We are working with countrie

Welcoming the hike in petrol prices, industry organisations on Thursday called for differential pricing of diesel and liquefied petroleum gas (LPG) to curb ballooning fuel subsidy.

"The current under

After hitting a record low of Rs 56.38 against the US dollar during the day, the rupee recovered 14 paise from Wednesday's closing level of 56 in the late afternoon trade.

It strengthened to trade at

Opposing the steep hike in petrol prices and spiralling prices of commodities, NDA has called for a nation-wide bandh on May 31.

NDA convenor and JDU president Sharad Yadav said that all the partner

Buried in recent monthly data for wholesale prices in India, the wild gyrations of a humble vegetable tell the tale of an economy trapped in inflation by its own rigidities.

Back in December, after a

The World Bank cut its economic growth forecast for China in 2012 to 8.2 per cent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investmen

India's economic growth is likely to rise to more than 7.5 per cent in calendar year 2013 but continued government policy uncertainty could erode the country's longer-term growth prospects, the OECD s