Re dip hits students in foreign shores
New Delhi: Student Mikael Haris is wrestling with the sort of question confronting others across India, including companies, investors and banks, following the 18 per cent slump in the rupee this yea
Rupee gains 85 paise to 65.70 per dollar after PM's comments
Mumbai: The rupee got a boost on Friday from the Prime Minister's assurances in Parliament on combating the currency's fall and reviving economic growth, gaining 85 paise to close at 65.70 against th
Sensex rises 219 points after PM's assurances on rupee, growth
Mumbai: In a day of see-saw trade, the benchmark S&P BSE Sensex rose 219 points to the highest level in more than two weeks after the Prime Minister's optimistic comments on the rupee and economy
In no other country, do MPs shout PM chor hai: Manmohan attacks BJP in Rajya Sabha
New Delhi: A combative Prime Minister Manmohan Singh on Friday made a scathing attack on the BJP in the Rajya Sabha, accusing them of hurting investors' sentiment by repeatedly disrupting Parliament,
Reduce our appetite for gold: PM
New Delhi: Under attack in Parliament over the sliding rupee, Prime Minister Manmohan Singh made a statement on India's economic condition in Lok Sabha on Friday.
Highlights of his speech:
Current
India looks at NRIs to defuse crisis
New York/ Mumbai: The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again t
Subbarao blames Centre for crisis
Mumbai: RBI governor Dr D. Subbarao on Thursday defended his monetary policy actions on inflation, growth and the rupee and said that to blame his policies would be “inaccurate, unfair, and important
Writer Chetan Bhagat under fire over 'rupee rape' comment
New Delhi: Best-selling novelist Chetan Bhagat faced nationwide anger on social media sites Wednesday after tweeting that the country's plunging currency had been 'raped'.
The comments by Bhagat, kno
Rupee crashes to 68.50, Sensex sinks over 500 points
The Indian rupee breached 68.50 against the U.S. dollar to a record low on Wednesday. The partially convertible rupee crashed over three per cent to hit a low of 68.55 as against Tuesday's close of 66.24.
Rupee hits record low of 67.44 versus dollar
Mumbai: The rupee fell below the 67 per dollar mark on Wednesday as uncertainty over a possible U.S.-led military strike against Syria knocked down Asian equity markets and currencies, also pushing t