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'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
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PCB Spent Rs 12 Billion On Chamions Trophy Venues. To Get Possession By...
The PCB has spent some 12 billion Pakistani rupees on upgrading the three stadiums.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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Budget May Increase Import Duties To Check Rupee Decline: EY Chief Policy Adviser
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava.
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RBI Governor Signals He's Open To More Flexible Rupee
New central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar.
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Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
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Bloodbath In Indian Markets Amid Fears Of HMPV Virus, Sensex, Nifty Down By Over 1.5%
The equity benchmarks shed over one and a half per cent in the trading session on Monday, impacted measurably by the global cues, weakness in the Indian rupee, and detection of human metapneumovirus (HMPV) in India.
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Rupee May Dip To All-Time Low On Fed Outlook-Spurred Dollar Rally
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.
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Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
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Candidates Suspect Massive Corruption In Bihar BPSC Exam: Prashant Kishor
Jan Suraaj Party founder Prashant Kishor on Monday claimed to have learnt that "thousands of crores of rupees have changed hands" for posts to be filled up by the Bihar PSC exam, cancellation of which is being demanded by many candidates.
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When Manmohan Singh Wrote Cheque For Gains Accruing From Rupee Devaluation
He held an overseas bank account that had his earnings from working abroad. The value of his savings, in rupee terms, went up following the July 1991 decision of the government to devalue the Indian currency.
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India Made Rs 2.52 For Every Rupee Spent On Space: ISRO Chief To NDTV
India has set its sights on an ambitious space program, aiming to land an astronaut on the moon by 2040, according to the Indian Space Research Organisation (ISRO) Chairman Dr S Somanath.
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Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar
The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets.
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"Crores Of Rupees Were Being Extorted": Kangana Ranaut On Techie's Suicide
The Bengaluru techie was being extorted for crores of rupees, much more than his financial capacity, noted BJP MP Kangana Ranaut, adding that the man's video where he details his harassment by his estranged wife is heartbreaking.
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"On The Face Of It, You Are Corrupt": Supreme Court To Bengal Ex Minister
"On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state.
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'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
-
PCB Spent Rs 12 Billion On Chamions Trophy Venues. To Get Possession By...
The PCB has spent some 12 billion Pakistani rupees on upgrading the three stadiums.
-
Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
Budget May Increase Import Duties To Check Rupee Decline: EY Chief Policy Adviser
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava.
-
RBI Governor Signals He's Open To More Flexible Rupee
New central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar.
-
Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
-
Bloodbath In Indian Markets Amid Fears Of HMPV Virus, Sensex, Nifty Down By Over 1.5%
The equity benchmarks shed over one and a half per cent in the trading session on Monday, impacted measurably by the global cues, weakness in the Indian rupee, and detection of human metapneumovirus (HMPV) in India.
-
Rupee May Dip To All-Time Low On Fed Outlook-Spurred Dollar Rally
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.
-
Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
-
Candidates Suspect Massive Corruption In Bihar BPSC Exam: Prashant Kishor
Jan Suraaj Party founder Prashant Kishor on Monday claimed to have learnt that "thousands of crores of rupees have changed hands" for posts to be filled up by the Bihar PSC exam, cancellation of which is being demanded by many candidates.
-
When Manmohan Singh Wrote Cheque For Gains Accruing From Rupee Devaluation
He held an overseas bank account that had his earnings from working abroad. The value of his savings, in rupee terms, went up following the July 1991 decision of the government to devalue the Indian currency.
-
India Made Rs 2.52 For Every Rupee Spent On Space: ISRO Chief To NDTV
India has set its sights on an ambitious space program, aiming to land an astronaut on the moon by 2040, according to the Indian Space Research Organisation (ISRO) Chairman Dr S Somanath.
-
Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar
The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets.
-
"Crores Of Rupees Were Being Extorted": Kangana Ranaut On Techie's Suicide
The Bengaluru techie was being extorted for crores of rupees, much more than his financial capacity, noted BJP MP Kangana Ranaut, adding that the man's video where he details his harassment by his estranged wife is heartbreaking.
-
"On The Face Of It, You Are Corrupt": Supreme Court To Bengal Ex Minister
"On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state.
