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Rupee rises to near 6-month high of 51.41 against dollar

Rupee rises to near 6-month high of 51.41 against dollar

The rupee gained 33 paise to nearly six-month high of 51.41 against the dollar in early trade on Friday on strong capital inflows and a firming trend in the stock…

Forex reserves slip $500 mn to $293.97 bn

Forex reserves slip $500 mn to $293.97 bn

The foreign exchange reserves fell by $502.4 million to $293.97 billion due to fall in the currency assets, according to Reserve Bank data released on Friday. The total reserves had…

Fitch lowers India’s 2012-13 growth forecast to 6 per cent

Fitch lowers India’s 2012-13 growth forecast to 6 per cent

Rating agency Fitch has lowered India’s growth projection for the current financial year to 6 per cent from 6.5 per cent estimated earlier , citing challenging economic outlook. India’s economic…

Indian rupee up 14 paise against US dollar

Indian rupee up 14 paise against US dollar

The Indian rupee on Thursday rose 14 paise to 53.37 against the US dollar in early trade at the Interbank Foreign Exchange on selling of the American currency by exporters…

Raghuram Rajan roots for increasing productivity to fight price rise

Raghuram Rajan roots for increasing productivity to fight price rise

While Albert Einstein’s genius isn’t included, an exclusive iPad application launched on Tuesday promises to make detailed images of his brain more accessible to scientists than ever before. The application…

Rupee falls 8 paise against dollar

Rupee falls 8 paise against dollar

The rupee declined by 8 paise to 53.55 against the dollar in early trade on the Interbank Foreign Exchange on Tuesday following increased month-end demand for the American currency from…

Indian rupee up 30 paise against US dollar

Indian rupee up 30 paise against US dollar

The Indian rupee on Friday recovered by 30 paise to 54.08 against the US dollar in early trade at the Interbank Foreign Exchange on increased capital inflows, amid weakening of…

Left, BJP come together to protest against FDI in retail

Left, BJP come together to protest against FDI in retail

Government’s decision to allow FDI in multi-brand retail trade brought the Communists and Bharatiya Janata Party (BJP) leaders together on Thursday, who took out a rally in New Delhi to…

Transporters strike over diesel price hike

Transporters strike over diesel price hike

Around 75 lakh trucks and tempos went on a daylong token strike to protest the recent diesel price hike from Tuesday-Wednesday midnight. The call for strike has been made by…

Vegetable prices push retail inflation to 10.03 per cent in August

Vegetable prices push retail inflation to 10.03 per cent in August

Soaring vegetable prices pushed up the retail inflation to double digits at 10.03 per cent in August, up from 9.86 per cent in July. According to the Consumer Price Index…