MUMBAI, June 19 (Reuters) – India’s rate panel chose to adopt a wait and watch approach in keeping interest rates on hold earlier this month, to see if higher oil and food prices are likely to lead to more generalised inflation, minutes
New Delhi, Jan 13 (PTI) Taking a swipe at Prime Minister Narendra Modi over fall in the value of rupee, the Congress on Monday said as the fall continues, he has clearly been “hoist with his own petard”. The rupee logged its
Mumbai, Jan 13 (PTI) The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session on Monday due to strengthening of the American currency and surging crude
Mumbai, Jan 13 (PTI) The rupee’s slide show went on for the second straight session on Monday as it crashed 27 paise to hit a new lifetime low of 86.31 against the US dollar, dragged down by a robust American currency amid
Jan 13 (Reuters) – India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government’s estimate of 4.9%, primarily driven by lower expenditure, finance daily Mint reported on Monday. Lower spending