Depriciating Rupee
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Small Business Will Be Worst Hit By Depreciating Rupee: Mamta Banerjee
West Bengal Chief Minister Mamata Banerjee today said the informal sector and small businesses will be worst hit by the depreciating rupee and lead to increase in the oil import bill.
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For IT Companies, Growth Matters More Than Rupee Fall: Nomura
The rupee depreciated between 6-23 per cent between Jun-14 and Jun-15, Mar-13 and Sep-13, Jun-11 and Jun-12 and Jun-08 and Mar-09. In three out of four instances of severe rupee depreciation, growth of IT companies took a knock, the brokerage said.
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Rupee depreciation matter of concern but no reason for despair: President
There is "no reason for despair or despondency" as the fundamentals of Indian economy continue to be strong and the country has the "necessary resources, talent and policies to effectively handle current difficulties", the President said.
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Small Business Will Be Worst Hit By Depreciating Rupee: Mamta Banerjee
West Bengal Chief Minister Mamata Banerjee today said the informal sector and small businesses will be worst hit by the depreciating rupee and lead to increase in the oil import bill.
-
For IT Companies, Growth Matters More Than Rupee Fall: Nomura
The rupee depreciated between 6-23 per cent between Jun-14 and Jun-15, Mar-13 and Sep-13, Jun-11 and Jun-12 and Jun-08 and Mar-09. In three out of four instances of severe rupee depreciation, growth of IT companies took a knock, the brokerage said.
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Rupee depreciation matter of concern but no reason for despair: President
There is "no reason for despair or despondency" as the fundamentals of Indian economy continue to be strong and the country has the "necessary resources, talent and policies to effectively handle current difficulties", the President said.
