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
bombay-stock-exchange

Stock Market Crosses 19,000 Points on Reform Hopes

The sentiments among investors seem to have improved drastically following several steps taken by the government to revive the sinking economy, as the stock market touched a 15-month high on Thursday. The Sensex gained one percent to above 19,000 points for the first time since July 8, 2011, on hopes for additional fiscal and economic reforms. Oct 4, 2012
indian-prime-minister-manmohan-singh

PM Breaks His Silence, Clarifies Fuel Price Hike and FDI in Retail

Prime Minister Dr. Manmohan Singh addressed the nation on Friday night, explaining why his government has taken some important economic policy decisions that include diesel price hike and Foreign Direct Investment (FDI) in retail sectors. The PM's speech came just a day after the National Democratic Alliance (NDA) and other opposition parties called for "Bharat Bandh". Sep 22, 2012
bharat-bandh

FICCI Against Bharat Bandh, Expresses Need for Economic Reforms

In light of the "Bharat Bandh" on Thursday called by various political parties against the reform policies announced by the Centre last week, the Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the national polity to stand united and strengthen the hands of policy makers to act proactively and decisively to push the country forward. Sep 20, 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