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India's outlook cut unlikely to hurt capital inflows: Fin Min

Last Updated: Wednesday, April 25, 2012, 13:31

The cut in outlook on India's sovereign rating by Standard & Poor's is unlikely to hurt capital inflows into the country, a senior finance ministry official said on Wednesday.

Rupee up 15 paise against dollar

Last Updated: Tuesday, February 28, 2012, 10:23

The rupee Tuesday gained 15 paise to close at 49.07/08 against the US currency on fresh dollar selling by exporters amid smart rebound in local stocks.

Exuberant Indian markets gloss over economic reality

Last Updated: Tuesday, February 7, 2012, 16:09

Surging capital inflows, booming stock markets and a fast-appreciating currency suggest the India story is again shining after a dismal 2011.