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

Rupee Falls Flat due to Forthcoming CPI and IIP Release

Rupee declined at early trade on Wednesday at 59.32 per dollar against previous day's closing value of 59.29 a dollar. The fall can be attributed to increased demand for American currency at Interbank Foreign Exchange market and absence of major inflows. Jun 11, 2014
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BSE Sensex crosses 25,000 mark on back of positive FIIs

Mumbai, June 06 (ANI): The BSE Sensex on Friday jumped 160 points and crossed 25,000 points on the back of positive FIIs and other investors. The record high is attributed to the Narendra Modi led NDA government, as well as international trends favouring Indian market. Market Expert Sunil Shah said that the things will remain bright till the announcement of budget by the prime minister. Shah also said that the fluctuations will persist but won’t last long. Jun 6, 2014
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Indian Shares Start on High Note, Metal Stocks on a Roll

The Indian Shares on Friday started on a high note after surging on Thursday. Additionally, European bankers have also helped the shares get a good start by introducing the sub-zero interest rates and other anti-deflation methods. Jun 6, 2014
finance-minister-arun-jaitley-holds-pre-budget-consultations-with-interest-groups

Finance minister Arun Jaitley holds pre-budget consultations with interest groups

New Delhi, June 05 (ANI): Finance Minister, Arun Jaitley on Thursday held pre-budget consultations with various stakeholders including representatives of industry chambers, trade unions, financial services sector and other interest groups. Earlier this month, Jaitley had vowed to uphold fiscal discipline, despite pressure on public finances. Investors are waiting to see whether Jaitley, who also handles the defence portfolio in Prime Minister Narendra Modi's new government, will allow some slippage on the budget deficit when he presents his first budget in early July. Jun 5, 2014
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