No need for panic on Rupeee dip, RBI will take necessary action: Chidambaram
New Delhi: Expressing unhappiness over decline in the value of Rupee, Finance Minister P. Chidambaram on Friday said there was no need for panic and the Reserve Bank will take action when necessary.
Indian money in Swiss banks dips to record low at Rs 9,000 crore
Zurich/New Delhi: Indians' money in Swiss banks has fallen to a record low level of about Rs 9,000 crore (1.42 billion Swiss francs), as a global clampdown against the famed secrecy wall of Switzerla
Rupee slide: How will it affect you
Bengaluru: Life isn't all about what we dream of.
That is the harsh reality some students are facing now with the continued downward slide of rupee. Their dream to get a foreign degree seems to rema
Rupee not in shambles, govt is ready to take step to curb volatility: Chief Economic Advisor
New Delhi: With the rupee dipping to an unprecedented low level, the government is ready to take step to curb volatility, Chief Economic Advisor to the Finance Ministry Raghuram Rajan said on Thursda
Rupee hits new all-time low of 60, down 130 paise against USD
Mumbai: The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American curre
LG hikes prices of home appliances by up to 5% on rupee fall
Guwahati: Consumer durables major LG Electronics India on Monday said it will hike prices of its entire range of home appliances by up to five per cent due to weakening rupee with effect from Tuesday
Rupee to stabilise in 3-4 days: Finance Ministry
New Delhi: Amid the rupee touching a record low of 58.96 to a dollar, the Finance Ministry on Tuesday said it is 'not unduly disturbed' by the fall, and the domestic currency will stabilise in the ne
Rupee hits life-time low of 57.54 Vs dollar in early trade
Mumbai: The rupee on Monday plunged by 48 paise to hit its life-time low of Rs 57.54 in early trade on heavy dollar demand and the US currency strengthening against major rivals overseas.
Forex deale
Discourage customers from buying gold, FM tells banks
Mumbai: A day after the government raised import duty on gold to 8 per cent, Finance Minister P. Chidambaram on Thursday said the surging imports are unsustainable and advised the banks to tell custo
Parties’ tax-free income Rs 2,490 crore
Tax-exempted income of the 10 main political parties in the last five years touched a whopping Rs 2,490 crore with Congress and BJP accounting for around 80 per cent of the exempted amount, according