Search Results for: rupee depreciation

Indian Railways to focus on 'Make in India' in ambitious Rs. 78,000 crore signalling project

Railways Minister Piyush Goyal said that Prime Minister Narendra Modi has asked the railways to focus not on 100 percent electrification, but on cost-effective electrification with a thrust on prioritising the routes.

Jun 12, 2018

Make in India: After smartphones and powerbanks, Xiaomi to locally assemble Mi TV

Xiaomi Mi TV with 'Made in India' tag is expected to hit the stores in India as early as August 2018. Read more to know about the Xiaomi's local Mi TV manufacturing plans.

Jun 11, 2018

Crash in commodity prices, surging fuel costs hit PM Modi's popularity in rural India

In the past year, Modi's popularity has fallen by 12 percentage points among farmers, according to a Mood of the Nation survey.

Jun 4, 2018

steel production in india, steel production japan, steel exports by india, steel imports by india, india news, steel, tata steel, factory, iip, indian economy, gdp

Indian economic growth hits highest rate in almost two years

India also reported 4.7 percent growth in annual infrastructure output in April, signalling a recovery after it slipped to a three-year low of 4.2 percent in 2017/18.

May 31, 2018

India's growth likely topped 7 percent again in January-March quarter

The biggest risk India faces is rising crude oil prices LCOc1, which this month hit $80 a barrel, their highest since 2014.

May 31, 2018

Xiaomi Redmi Note 5 Pro as seen on its official website

Xiaomi Redmi Note 5 Pro price hike again? Here's what the company says

Xiaomi is addressing the unofficial news about the Redmi Note 5 Pro's price hike which created a bit of a panic among prospective buyers in India.

May 30, 2018

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Macro-data, rupee to fuel equity market's trajectory

A reversal in the rupee's trajectory was seen late last week as it strengthened by 23 paise to close at 67.78 against the US dollar. Even domestic fuel prices are expected to fall after the Brent crude cost eased to around $76 from $78 per barrel last Friday.

May 27, 2018

Narendra Modi and Rahul Gandhi fake Twitter followers report is flawed

Opposition launches scathing attack on Modi government, calls BJP 'Betrayal Janata Party'

Several Congress leaders took potshots at the BJP government on its fourth anniversary. In a scathing attack, Congress also said that four years of the BJP governance was marred with "treachery, trickery, revenge, and lies."

May 27, 2018

Indian state seeks permanent closure of Vedanta's copper smelter: officials

Tamil Nadu seeking a permanent closure of a big copper smelter run by London-listed Vedanta Resources (VED.L) after 13 people died in protests demanding the closure of the plant on environmental grounds.

May 25, 2018

Fire engulfs 4 coaches of Andhra Pradesh Express near Gwalior, no casualties reported

Four coaches of the Andhra Pradesh Express were engulfed in fire near Gwalior, Madhya Pradesh, when the train was en-route to Vizag.

May 21, 2018

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Suspected RBI interventions stems rupee's fall

Sharply rising U.S. dollar yields have boosted the dollar on international exchanges, and the rupee was also coming under pressure from firm crude oil prices that will weigh on India's already widening trade deficit.

May 16, 2018

Fraud-hit PNB suffers biggest ever quarterly loss for an Indian bank

The bank's shares ended down 3.8 percent, their lowest close since June 13, 2016, having fallen as much as 6.4 percent after the results. The stock has lost almost half of its value this year making it the worst performer among Indian bank stocks.

May 16, 2018

Sensex, Nifty rise on likely BJP win in Karnataka

The 10-year benchmark bond yield rose 7 basis points to 7.90 percent, its highest in nearly 33 months, while the rupee fell to a near 16-month low of 67.7975 against the dollar before recovering sharply to 67.5350 on likely intervention by the central bank.

May 15, 2018

Investors think Modi may return to power in 2019, sans absolute majority: Report

Apart from Karnataka, there are other four states — Mizoram, Chhattisgarh, Madhya Pradesh and Rajasthan — going to polls before 2019 general elections. However, Karnataka assumes importance as Congress is in power in the state.

May 10, 2018

Will Xiaomi Redmi Note 5 Pro's price hike affect sales in India?

Xiaomi has hiked the prices of two of its best-selling products in India, Mi TV 4 (55) and Redmi Note 5 Pro, as it is being forced to import PCBAs to cope with demand.

Apr 30, 2018

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