Hiring outlook weakens on falling Re; bad days ahead: Experts

Last Updated: Sunday, September 1, 2013, 13:45

The weakening economy, inflationary pressures and falling rupee has had a detrimental impact on the companies' bottom lines, thereby creating uncertainty amongst companies and adversely impacting their talent management strategies.

Rupee's deadly dive — where will it hurt the most?

Last Updated: Saturday, August 31, 2013, 12:29

The apparent slump isn’t singular to the stock market and the corporate world. The common man too has quite a considerable chunk in the woes that come in the aftermath of rupee’s ugly downfall.

Rupee gains 85 paise to 65.70 per dollar after PM's comments

Last Updated: Friday, August 30, 2013, 18:26

The rupee got a boost Friday from the Prime Minister's assurances in Parliament on combating the currency's fall and reviving economic growth, gaining 85 paise to close at 65.70 against the dollar.

Rupee slide to add to credit pressures on Indian banks: Fitch

Last Updated: Thursday, August 29, 2013, 21:30

The depreciation in rupee's value would add to credit pressures on Indian banks, especially public sector lenders, because their stress-absorption capacity is comparatively lower than their private-sector peers, global rating agency Fitch said Thursday.

Subbarao blames government for rupee dip, economic woes

Last Updated: Thursday, August 29, 2013, 21:09

RBI Governor D Subbarao was Thursday sharply critical of the government, blaming its "loose fiscal stance" for the current economic woes, and warned that the root cause of rupee depreciation is "domestic structural factors."

Rupee soars by 225 paise to 66.55, sensex surges 405 pts

Last Updated: Thursday, August 29, 2013, 19:28

The rupee on Thursday soared by a staggering 225 paise to end at 66.55 against the dollar and the Sensex jumped by over 400 points on the back of RBI opening a special dollar facility for PSU oil companies.

Rupee rises from record low, zooms 225 paise to 66.55 Vs USD

Last Updated: Thursday, August 29, 2013, 18:11

The battered rupee gained 225 paise to 66.55 against the dollar Thursday, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.

Rupee slide to impact IOC, BPCL most: Fitch

Last Updated: Thursday, August 29, 2013, 17:54

Global rating agency Fitch Thursday said the rupee depreciation will have highest impact on state- owned oil marketing companies, including IOC and BPCL.

Rupee fall: Govt might buy gold from citizens to ease crisis

Last Updated: Thursday, August 29, 2013, 17:49

The RBI will ask the banks to buy back jewellery, bars and coins for rupees. Lenders will have to offer better rates than pawn shops and jewellers to lure sellers.

Sensex up 405 points as rupee recovers on fresh RBI steps

Last Updated: Thursday, August 29, 2013, 17:15

The benchmark S&P BSE Sensex surged 405 points on Thursday, the biggest gain in a week, as the battered rupee recovered on fresh steps by the RBI to ease volatility in the currency markets.

Bond yield rises over 9% as rupee hits 68.85 Vs dollar

Last Updated: Wednesday, August 28, 2013, 21:20

The 10-year benchmark government bond yield rose to over 9 percent for the second time in less than 10 days on concerns RBI may announce more steps to stem the fall in rupee, which fell to a new life-time low.