Search Results for: rupee depreciation

Air India's ₹100 Offer a Sign of Unhealthy Fare War?

Such price wars among domestic carriers in India may spell good news for fliers but could mean trouble for the airlines

Aug 27, 2014

Air India Day: Website Crashes on Day 1 of ₹ 100 Offer

Fliers could not use the website to book tickets for the attractive prices, and many took to Twitter to vent

Aug 27, 2014

Supreme Court's Coal Block Ruling Will Burden Economy With Imports, Cripple Power Sector

Drop in coal production will push India to import more and increase current account deficit.

Aug 26, 2014

a-worker-spreads-sugar-inside-a-sugar-factory-at-sanyan-village-in-gujarat-april-23-2012

Sugar Stocks Surge after 25% Raise in Import Duty

Indian government raised the import duty on sugar to 25 percent from 15 percent to help regional mills struggling with lower prices and higher stocks.

Aug 22, 2014

RBI Report 2013-14: Highlights and Growth Outlook

The Reserve Bank of India on Thursday released its annual report of 2013-14.

Aug 22, 2014

IFC Raises $2.5 billion from Onshore Rupee bonds

International Finance Corporation launched bonds worth $2.5 billion in the Indian market to fund infrastructure projects and to boost energy supply.

Aug 21, 2014

Wholesale Inflation Falls to 5-Month Low But Price Pressures Remain

India's wholesale price inflation eased to a five-month low in July, helped by a moderation in fuel costs.

Aug 14, 2014

Shares of Gujarat State Petronet Slip on 32% Quarterly Loss

Stocks of Gujarat State Petronet fell 3.68 percent to Rs.82.50 per share at 11 am during trading hours on Friday. The shares fell after the company posted its declined revenue results due to lower operational income.

Aug 8, 2014

Sensex, Nifty Slumps; IT Stocks Surge

The benchmark Sensex closed 0.94 percent lower at 25660.84 points and the broader Nifty ended 0.96 percent lower at 7672.05 points.

Aug 6, 2014

Sensex, Nifty Gain; Infosys Rallies on Weaker Rupee

Indian shares ended higher on Monday, snapping two days of fall as software services exporter Infosys rallied on weaker rupee, while lenders gained a day before the central bank's policy review.

Aug 4, 2014

Petrol prices cut by rupees Rs 1.09 a litre, diesel hiked by 56 paise a litre

New Delhi, Aug 01 (ANI): Petrol price was cut by Rs. 1.09 per litre, the second reduction in three-and-half months while the diesel price was hiked by 56 paise a litre. The revisions were made effective from midnight Thursday, Indian Oil Corp, the nation's largest oil firm, announced. Petrol in Delhi will cost Rs 72.51 per litre from today as against Rs 73.60 a litre earlier. Similarly, diesel will be priced at Rs 58.40 per litre from today as compared to the previous Rs 57.84. Petrol price was reduced following drop in international oil rates and rupee depreciation against US dollar, making imports cheaper.

Aug 1, 2014