Search Results for: depreciating rupee

Indian Rupee Breaches 52-Level to Dollar

The rupee on Thursday breached 52 to the dollar, the highest in over five months, on hopes that an array of economic reforms taken up by the central government would boost the economic growth of the country.

Oct 4, 2012

India's Consumer Price Inflation Accelerates to 10.03% in August

India's annual consumer index climbed to 10.03 percent in August as against 9.86 percent recorded in the month of July, Central Statistics Office said on Tuesday.

Sep 18, 2012

FDI in Retail: Opposition Parties Line up Protests, Bharat Bandh on Sept 20

The big-ticket political reforms by the government have motivated the opposition parties to line up a string of protests in the coming days.

Sep 16, 2012

women-shop-at-a-retail-supermarket-in-mumbai

FDI in Retail is Long Overdue, Game-Changer, Say Experts

Opposition parties and some of the partners of the UPA have tagged the economic policy of letting Foreign Direct Investment (FDI) into Indian markets mainly the retail sector as an anti-farmer and anti-public decision.

Sep 16, 2012

India's Top Ten Most Fuel-Efficient Cars

In a country obsessed with mileage, the hike in petrol prices and lately also in diesel is making every Indian think twice about the mileage factor before they opt to buy a car. The fluctuating fuel prices have even forced automakers to launch cars that have all upper comforts coupled with the most suitable and fuel-efficient running machines.

Sep 14, 2012

LIVE BLOG: Congress Reacts to Allegation of BJP Leaders

The unrelenting Opposition parties refused to allow regular business in Parliament and created ruckus in Lokh Sabha, thus interrupting Prime Minister Manmohan Singh in his address to the Parliament on Monday.

Aug 27, 2012

Mahindra Satyam Opens High at 10 Percent on Strong Q1 Earnings

Mahindra Satyam shares soared nearly 10 percent on Friday's opening trade, after the company reported a 56.4 per cent rise in quarterly profits that were strongly driven by new contracts and rupee depreciation.

Aug 3, 2012

Petrol Price Hiked: Mamata Demands Roll Back

In the backdrop of rising international oil rates, the oil marketing companies have announced up to Rs 0.90 paise per litre hike in petrol prices, with immediate effect from Monday mid-night.

Jul 24, 2012

Diesel Price Likely to be Hiked After Presidential Polls

Indian government is likely to hike diesel price after July 19 presidential polls, says an oil ministry source on Thursday. The source however didn't reveal the amount to be hiked.

Jul 12, 2012

Infosys Posts 33 Percent Profit for Q1; Cuts FY13 Outlook by 5 Percent

Software service provider Infosys posted on Thursday a lower-than-expected 33 percent rise in net profits for its first quarter of 2012-13.

Jul 12, 2012

Petrol Prices Now Cheaper By ₹2.46 Per Litre; Further Reduction on Cards

State-owned oil companies announced their decision to slash petrol prices by at least ₹2.46 per litre. The cut in petrol rates took effect on Thursday midnight.

Jun 29, 2012

After President, It's Race For Next Finance Minster: List of Probable Candidates

In the wake of President poll current Finance Minster Pranab Mukherjee will be official filing his resignation by July 25 as the Congress has nominated him for the top post.

Jun 18, 2012

Sensex Down By 200 Points Amid RBI Keeping Repo Rate Unchanged

Monday morning trade session saw the BSE benchmark dropping by nearly 200 points after the Reserve Bank of India conceded on keeping the same interest rates as announced in the in the mid-term monetary policy review.

Jun 18, 2012

Petrol Price Rollback By ₹2 On the Cards

State-owned oil companies may decide a cut in petrol prices by INR 2 following a review on fuel prices scheduled on Friday.

Jun 15, 2012

Pranab Mukherjee Dimisses S&P's Warning; Assures Strong Turnaround in Economic Growth

India's Finance Minister Pranab Mukherjee on Monday voiced assurance that the government is working towards a turnaround in the sputtering GDP growth, following a warning that that the nation may lose its investment-grade status as an economic powerhouse.

Jun 12, 2012

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