Search Results for: rupee depreciation

Sensex Plunges Over 1,000 Points in Four Trading Sessions; Good Time to Invest?

Analysts are not perturbed; instead they see a rebound after the benchmark indices reach their key support levels.

Apr 20, 2015

TCS Market Capitalisation Reduced by 20,000 crore rupees, Outlook Remains Cautious

Worse-than-expected results saw TCS shares sliding by 4.22 percent on Friday, posting its biggest losses in six months.

Apr 18, 2015

petrol-price-cut-by-rs-2-42-per-litre-and-diesel-by-rs-2-25-a-litre

Will Petrol, Diesel Price Cuts be Reversed?

Current scenario in the global crude oil markets remain different, with Brent crude oil price trading at $63 per barrel, the highest price level this year.

Apr 16, 2015

Markets Keen to Know Dollar Impact on TCS Q4 Results

TCS, India's largest IT firm, already said that its margins would be down 40 basis points in January-March quarter due to currency fluctuations

Apr 15, 2015

India Tops Global Remittances List With $70 Billion

The country has topped the list for the second time.

Apr 14, 2015

Government's Aim to Double Exports by 2020 Looks 'Unrealistic': Report

The government's ambitious plan to almost double exports by 2020 from the current level is good, but the target looks 'unrealistic', says Capital Economics.

Apr 10, 2015

How a Strong Dollar is Affecting Non-US Business of Indian IT Companies

The dollar's rally against its major counterparts is hurting revenues of domestic software services firms in the non-US markets such as Europe, where the demand is already slowing due to sagging economy.

Apr 9, 2015

Moody's Raises India's Outlook to Positive

There is a high probability that actions by policy makers will enhance the country's economic strength, Moody's said.

Apr 9, 2015

RBI Likely to Keep Rate Cut on Hold due to Current Inflation Figures

This year, RBI has already cut the repo rate twice, by 25 basis points each time, in a bid to bolster economic growth.

Apr 7, 2015

David Warner Australia ICC Cricket World Cup 2015

Bookies: India will Lose Semi-Final Clash against Australia in ICC Cricket World Cup 2015

The betting odds stand at 50 paisa for a rupee for Australia win, while for India it stands at two rupees for a rupee

Mar 25, 2015

Sensex Drops 69 points; Jindal Steel, Glenmark Big Losers

The Indian equity markets continued their losing streak for the fourth straight session on Monday as bank stocks and some index heavyweights came under selling pressure.

Mar 23, 2015

Sensex Crosses 30,000 Points Mark; Nifty Touches Record High

The Reserve Bank of India had earlier cut its key lending rates by 25 basis points.

Mar 4, 2015

RBI Cuts Repo Rate by 25 Basis Points to 7.5 Percent

The cut comes just days after the government and the central bank agreed to formally adopt inflation targeting.

Mar 4, 2015

Hike in aviation fuel price by 8.2 percent will increase fare by Rs 500 per passenger: Aviation Expe

New Delhi, March 01 (ANI): Aviation Expert Harshvardhan on Sunday said that the hike in aviation fuel price by 8.2 percent will increase fare by Rs 500 per passenger. He said that the increase in service tax of 2% also increases the fare and thereby the development will adversely affect the passengers. The government has hiked the price of aviation fuel by 8.2 percent. After the price revision, which came into effect from February 28 midnight, the aviation turbine fuel will cost Rs. 50,363 per litre per kilolitre in New Delhi. The price hike will also have a direct impact on the airfares as fuel costs account for about 40 percent of the airline's operating expenses. On Saturday, the Indian Oil Corporation Limited had also announced the hike in petrol and diesel prices, citing rise in international crude oil price and depreciation of rupee as the reasons.

Mar 1, 2015

Govt hikes petrol price by Rs 3.18 per litre, diesel by Rs 3.09 per litre

New Delhi/Kanpur/Lucknow/Kolkata, Feb 28 (ANI): The government on Saturday hiked the petrol price by Rs. 3.18 per litre and of diesel by Rs. 3.09 per litre. A statement by the Indian Oil Corporation Limited (IOCL) has attributed the increase in fuel price to the rise in crude price in the international market and to the depreciation of rupee. The new prices will be effective from February 28 midnight.

Feb 28, 2015

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