Search Results for: fiscal deficit

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Raghuram Rajan Takes Over RBI Chief Role with Inspired Confidence: Full Statement

Raghuram Rajan, who took charge on 4 September as the chief of India's Central Bank, is all set to target plunging rupee, bad bank loans and free up the bonds and currency markets to revive the current economic situation.

Sep 5, 2013

Indian Stocks End Higher; Consumer Durables, Banking Shares Gain

Indian stock markets surged for a second straight session on Friday, helped by gains in consumer durables, healthcare and banking sector shares.

Aug 30, 2013

Indian Rupee Hits New Low; Did Food Security Bill Trigger Sharp Fall?

In what could be seen as a repercussion of Food Security Bill passed by parliament on Monday, the Indian rupee touched a new low of 65.93 to the dollar on Tuesday, breaching the 65.56 record witnessed last week.

Aug 27, 2013

Indian Stock Markets Expected To Decline On Tuesday

Indian stock markets are expected to decline on Tuesday after gaining for the last three sessions as weak trend in global markets is likely to weigh the sentiment.

Aug 27, 2013

Indian Stocks End Higher for Third Straight Session

Indian stock markets ended with gains for the third straight session on Monday, helped by gains in power, capital goods and healthcare sector shares.

Aug 26, 2013

An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Battered Rupee Expected to Bounce Back; Rating Agencies Give Positive Outlook on Indian Currency

The Indian rupee that breached 65 to the dollar mark on Thursday created market panic with rumours floating that it would fall even further in the near future but latest reports suggested it would bounce back in a few months' time.

Aug 24, 2013

Indian Rupee Continues to Plunge, Could Touch 70 against Dollar, Says Report

The Indian rupee has been continuously falling of late despite Reserve Bank of India's intervention, The currency is unlikely to recover soon with a report by Deutsche Bank predicting that it is could touch 70 against the US dollar in a month's time.

Aug 22, 2013

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Govt to Impose 36.05% Import Duty on Flat Screen TVs from 26 August

Imports of LED/Plasma/LCD television screens by air travellers will be levelled with 36.05 percent customs duty at the Indian airports from August 26 onwards, as per a government notification.

Aug 20, 2013

Intex Announces Budget Android Cloud X4 and Cloud Y2 Smartphones in India

Delhi based electronics major, Intex Technologies, today released a couple of low-cost Android smartphones - Cloud X4 and Cloud Y2, in India.

Aug 19, 2013

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LG-Google Nexus 4 vs. Nokia Lumia 925: How Do They Stack Up?

The new Nokia phone is backed by rich camera-specifications, whereas the Google Nexus 4 has an amazing user-interface features of pure Android stock OS. It remains to be whether Indian buyers will be charmed by Lumia's camera or opt for the smooth functionalities of the LG smartphone

Aug 19, 2013

Will Govt Relinquish Gold Investment with Rising Consumer Demand?

Despite an import duty hike and gold prices climbing an eight-month high on Saturday at ₹31,000 per 10 grams at the domestic bullion market, there still remains a strong consumer appetite in India for gold.

Aug 18, 2013

Mitsubishi to Launch Outlander Diesel in India by Early 2014

Japanese automaker Mitsubishi was apparently going though a tough phase in the auto market when the demand for its vehicles in India hit an all-time low for the past couple of years. But the company is not ready to give up so easily. According to reports, it is now planning to introduce the third-generation Outlander SUV in India next year.

Aug 18, 2013