Speedier clearances no magic wand for India's infrastructure logjam

Last Updated: Tuesday, September 3, 2013, 08:55

Growth in the latest quarter was the slowest since during the global financial crisis, and the rupee has tumbled ever deeper against the US dollar.

Rupee trims initial losses Vs dollar, still down 14 paise

Last Updated: Monday, September 2, 2013, 12:58

The Indian rupee trimmed its initial losses but was still quoted down by 14 paise to 65.84 per dollar on demand for the US currency from banks and importers due to higher global cues amid firm equity market.

BSE Sensex up nearly 180 points; Nifty crosses 5,500-level

Last Updated: Monday, September 2, 2013, 09:32

The 30-share Sensex was trading up at 177 points to 18,791 led by buying in IT, FMCG, banking and healthcare.

Rupee down 45 paise to 66.15 against dollar in early trade

Last Updated: Monday, September 2, 2013, 09:12

At the interbank foreign exchange market, the local currency resumed 66.15 from the previous close of 65.70 against dollar.

Mayaram meets treasury heads of foreign banks on rupee

Last Updated: Saturday, August 31, 2013, 18:55

Economic Affairs Secretary Arvind Mayaram on Saturday discussed the continuing rupee fall and the resultant macro-economic impact with the treasury heads of leading foreign banks.

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.

OMCs may hike petrol prices by Rs 3-4 per litre

Last Updated: Friday, August 30, 2013, 15:34

The rupee is down nearly 19 percent so far this year despite efforts by policymakers to prop it up.

Rupee decline a shock but no reversal of economic reforms: PM

Last Updated: Friday, August 30, 2013, 13:42

Breaking silence over the rapidly declining value of rupee, Prime Minister Manmohan Singh Thursday said the development was "certainly a shock" and it will be addressed without reversal of reforms or resorting to capital controls.

Rupee spoils holidays abroad for Indians, but not for all

Last Updated: Friday, August 30, 2013, 09:19

While a rising dollar has hit Indians’ purchasing power for plane tickets and hotel stays, travelling abroad has never been off the table for some.

Rupee crash forces holidaymakers to ditch Italy for Goa

Last Updated: Friday, August 30, 2013, 09:09

The rupee's crash has swept away banker Nupur Sood's dream of a holiday in Venice: instead the 35-year-old will settle for cold beers on the beaches of Goa on India's west coast.

PM concedes country facing difficult economic situation

Last Updated: Thursday, August 29, 2013, 11:55

With falling rupee and rising oil prices casting a shadow over Indian economy, Prime Minister Manmohan Singh on Thursday said the country is faced with a difficult economic situation for which some domestic factors too were responsible.