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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…

Standard Chartered cuts India’s growth forecast to 5.4 per cent for FY13

Standard Chartered cuts India’s growth forecast to 5.4 per cent for FY13

Standard Chartered Bank has lowered India’s growth forecast for this financial year to 5.4 per cent from 6.2 per cent projected earlier despite the recent reforms push. The first quarter…

Coalgate: SC issues notice to Centre on alleged irregularities

Coalgate: SC issues notice to Centre on alleged irregularities

The Supreme Court on Friday issued a notice to the Centre on alleged irregularities in coal block allocations. The apex court action comes in response to a PIL filed by…

HSBC cuts India’s growth forecast to 5.7 per cent for this fiscal

HSBC cuts India’s growth forecast to 5.7 per cent for this fiscal

HSBC has cut India’s growth forecast for this fiscal year to 5.7 per cent from 6.2 per cent projected earlier, citing lack of “reform traction” in the country and weak…

Industrial production growth rate almost flat at 0.1 per cent in July

Industrial production growth rate almost flat at 0.1 per cent in July

Industrial production growth rate slowed to just 0.1 per cent cent in July due to poor show by manufacturing, mining and capital goods sectors, reflecting weak economic activity. Growth in…

Diesel, LPG price hike not on Cabinet committee’s agenda today: Jaipal Reddy

Diesel, LPG price hike not on Cabinet committee’s agenda today: Jaipal Reddy

Oil Minister S Jaipal Reddy indicated that a hike in diesel, cooking gas and kerosene price, though “unavoidable”, may not be decided by the Cabinet Committee on Political Affairs (CCPA)…