rupee-sensex-surge-as-bjp-leads-in-exit-polls

Rupee, Sensex surge as BJP leads in exit polls

Mumbai/: New Delhi/ Jammu, Dec 05 (ANI): The rupee rose to a five-week high against the dollar and stocks jumped around 1.5 percent to near record highs on Thursday as exit polls predicted a strong showing for BJP during recent state polls. Market analysts in commercial capital of Mumbai said that Sensex surged to a record-high as investors foresaw a possible change of government even at the federal level. Dec 5, 2013
pm-assures-energy-investors-of-stable-and-enabling-policy-environment

PM assures energy investors of stable and enabling policy environment

New Delhi, Dec 03 (ANI): Prime Minister, Manmohan Singh on Tuesday assured investors of government's commitment to provide a stable and enabling policy environment for exploration of new sources of energy, as he aimed to bridge the gap between supply and demand. While addressing the '8th Asia Gas Partnership Summit', Singh said that Natural Gas was the fuel of choice today. Highlighting the need to increase energy supply, Singh said that India was expected to be the 3rd largest energy consumer by the year 2020 Dec 3, 2013
bjp-demands-reforms-in-food-distribution-system

BJP demands reforms in food distribution system

New Delhi, Nov 25 (ANI): BJP senior leader Murli Manohar Joshi called for reforms in commodity trading, which would put a stop on price rise of food products. Earlier this year, Parliament approved a $20 billion scheme to distribute subsidised wheat and rice to 800 million people, backing an anti-malnutrition drive that investors fear will mean missing the fiscal deficit target. Taking a jibe at that scheme, Joshi said that it lacks nutritional products in the list. Nov 25, 2013
rbi-chief-relies-on-dipping-trade-gap-to-comfort-market-worries

RBI Chief relies on dipping trade gap to comfort market worries

Mumbai, Nov 14 (ANI): Reserve Bank of India (RBI) governor, Raghuram Rajan, highlighted the narrowing current account deficit as he sought to reassure investors who are worried that the country would be hit hard in a global market sell-off. Rajan said that it was important for Reserve Bank of India (RBI) to clarify the interpretation of economic events and the likely direction of economic policies at times of uncertainty so that markets worry about right things. Seeking to comfort the investors, Rajan said that there has been a dramatic reduction in the country's trade gap as per the fresh datas. Rajan also sought to reassure investors worried about the rupee's stability after the RBI has allowed oil companies to source dollars directly in markets instead of a special window provided by the central bank. Nov 14, 2013