Sonal Joshi

  • Falling rupee hits students, government fails to stem the slide 22-08-2013 08:50 PM

    Delhi/Mumbai: With the rupee breaching the 65 to a US dollar mark, analysts claim that the rupee could soon cross the 70-mark. A falling rupee will pinch students like Arnav Mody who are pursuing courses in foreign universities. Arnav studying in New York University says the sliding rupee has put...
  • Is the Indian government doing enough to stem the rupee slide? 09-07-2013 09:30 PM

    Mumbai: The rupee has already breached the 60 level against the dollar and analysts say it will soon cross 62. Besides being a sad reflection of the state of our economy, a weak rupee will have a direct impact on common man. For Indian students studying in the US the...
  • How the rupee fall impacts the common man 09-07-2013 03:06 PM

    New Delhi: Rupee, the worst performing currency in the emerging markets with a 12 per cent fall in the last two months, has become the biggest headache for the UPA government. While the government is claiming that the rupee will correct itself, analysts believe that the only way to strengthen...
  • iGATE CEO sacked over sex scandal, cries conspiracy 21-05-2013 07:40 PM

    New Delhi: Ten years after a sexual harassment row, Phaneesh Murthy is back in the spotlight for harassment again. The 49-year-old IT industry veteran was sacked as President and CEO of iGATE - the California-based company he helped found. iGATE management says, "The board's decision was made as a result...
  • Will brand IPL take a hit after the spotfixing scandal? 17-05-2013 10:58 AM

    New Delhi: Will brand IPL take a hit after the new spot-fixing scandal? CNN-IBN takes a look at companies that are investing crores in the game. If the fall in ratings was not bad enough, the spot-fixing scandal has put the most successful cricket brand in a fix. Till now,...
  • Drop in gold prices: Why is the yellow metal losing its sheen? 15-04-2013 11:24 PM

    Gold prices have slipped in the past six months and the near-term outlook is bearish. Why is the yellow metal losing its sheen and is it time to dump the metal from your portfolio? ...
  • Sahara vs SEBI: Roy's wealth remains a mystery 12-04-2013 03:38 PM

    Sahara boss Subrata Roy was quizzed by the SEBI officials. Roy has accused the SEBI of wasting time to verify Sahara's investors and said he was questioned only about his personal assets. A belligerent Sahara chief Subrata Roy making a personal appearance before market regulator SEBI. SEBI was seeking details...
  • Will Budget 2013 be UPA's ticket to next Lok Sabha term? 28-02-2013 08:47 AM

    Will Finance minister P Chidambaram present enough growth opportunity for India as he presents his eighth Union Budget on Thursday . ...
  • Festive spirit continues for the consumer durables market 25-10-2012 09:35 AM

    The sales in consumer durables, auto and gold has seen a rise of 15-20 per cent. ...
  • Farmers in Gujarat, Haryana welcome FDI in retail 04-10-2012 09:13 AM

    New Delhi: Many farmers of Gujarat and Haryana have been working with multi-national companies for years. CNN-IBN travelled to the two states tracking reactions on FDI in retail. The farmers in the two states seem to be seeing it as a welcome step. Farmer Satish Singh no longer has the...
  • Power bailout package a boon or bane? 25-09-2012 08:23 AM

    New Delhi: The Cabinet has cleared a Rs 2 lakh crore proposal to restructure the debt of the state power boards. But the question is whether this will address India's long-term energy problems or drag the government lenders deeper into the red. Just seven of the country's 28 states -...
  • Farmers hail FDI as politicians continue to fight 16-09-2012 09:26 AM

    Hapur: The SMS from Sunhara Walmart is the gateway for modern retail and better prices for 54-year-old Santosh Lata and 150 other farmers of Hapur on the suburbs of Delhi. Santosh and many other women like her get on to harvesting vegetables from their farm, load them in bullock-cart and...
  • CAG nails power mess, loss up to Rs 14,000 crore 06-09-2012 06:35 PM

    New Delhi: In yet another trouble for the government, a new report by the Comptroller and Auditor General (CAG) has exposed the rot in the power sector. According to the CAG, the inefficiency of the National Hydroelectric Power Corporation (NHPC) has meant only two of 16 planned projects have been...
  • Parliament deadlock: Over 90 bills pending 24-08-2012 07:21 AM

    New Delhi: While the government is under fire over the CAG report and the Opposition gunning for Prime Minister Manmohan Singh's resignation in the coal block allocations, UPA's reform agenda has been pushed to a corner. Over 90 bills are waiting for an approval by Parliament and the government's efforts...
  • Maruti to stay in Haryana, says attack unwarranted 21-07-2012 09:34 PM

    Maruti Suzuki has declared a lock out at its violence hit Manesar plant, Chairman RC Bhargava said on Saturday. ...
  • Power crisis: India faces a shortage of 17,000 MW 03-07-2012 01:45 PM

    New Delhi: It's peak summer in most parts of India. Demand for power is at a peak of 2,17,000 mega watt. Our power generation, however, is much less at 1,99,877 mega watt. Poor transmission and distribution makes it even worse. Many cities such as Chennai, Bangalore and the capital itself,...
  • Industry growth near zero; is everything well? 12-06-2012 11:14 PM

    As the economic crisis gripped India, our leadership kept singing 'all is well', but the numbers played a different tune. ...
  • Power shortage continues to trouble India 01-06-2012 11:06 PM

    New Delhi: It's summers in most parts of India and demand for power is at a peak of 2,17,000 megawatt (MW). But the power generation is much less at 1,99,877 MW and poor transmission and distribution is making it worse. Many cities like Delhi, Bangalore, Chennai are facing long power...
  • RBI's unexpected bonanza, EMIs to fall 17-04-2012 08:59 PM

    New Delhi: After three years and 13 consecutive rate hikes, the RBI has finally reversed the gear. In a surprise move, the RBI cut the repo rate - at which it lends to banks - by half a per cent. It is a strong signal to banks to cut interest...
  • Crisis looms: Will you have power this summer? 16-04-2012 08:46 AM

    New Delhi: This summer, get ready to face the heat. India is 21,000 MW short of electricity, which means long nights without power. The reason is that 25 power stations have just about four days of coal left to fuel the power plants and a little more than 30 stations...
  • Pranab to meet jewellers' associations today 05-04-2012 06:06 AM

    Mumbai: Amid widespread protests by bullion traders, Finance Minister Pranab Mukherjee has called a meeting with jewellers' associations on Friday to sort out the issue related to increase in taxes on gold and non-branded jewellery. Protests against the Budget proposal to impose excised duty on jewellery have turned violent in...
  • Eko takes banking to rural areas 14-12-2011 11:45 AM

    New Delhi: For the urban India, banking means a stop at the nearest ATM, but what about the lakhs of people in the rural India who have no such access? But now thanks to the Eko system of banking, the mobile retail network has tied up with the SBI allowing...
  • Far from FDI cry, Hapur farmers adore Walmart 07-12-2011 01:40 PM

    New Delhi: On a day when the Opposition has managed to get the government to holdback FDI in multi-brand retail, it is a different story on ground as farmers want FDI in the small town of Hapur. The claim is being made by a Walmart funded centre in Hapur that...
  • FDI a game changer for the retail market 25-11-2011 08:09 AM

    New Delhi: The Manmohan Singh government has bitten the bullet, opening up India's retail sector to foreign investment. It is a bold policy move and a game changer for the retail market. Brands such as Wal-Mart, Tesco and Carrefour can now enter and tap the nearly 600 billion-dollar Indian retail...
  • Brand Bihar shines, migration figures drop 18-11-2011 06:28 AM

    New Delhi: A sudden spurt in employment opportunities in Bihar is posing a peculiar problem for the rest of the country. More than 50 per cent of Bihar's labour force which usually migrates to other states is choosing to stay back for jobs. Till a few years back, Ram Vilas...
  • Mallya blames high fuel costs for Kingfisher crisis 15-11-2011 10:02 PM

    However, in a two-hour long press conference, there was no clear announcement of how the airline plans to recover. ...
  • Indian carriers to lose over Rs 10,000 crore 15-11-2011 06:12 AM

    New Delhi: Rising costs of aviation turbine fuel and a falling rupee have only added to the woes of the aviation sector in India. Air India accumulated losses of Rs 13,500 crore and Kingfisher airlines accumulated losses of over Rs 4,500 crore. These numbers cast a dark shadow on India's...
  • Petrol prices could dip: Oil companies 09-11-2011 07:00 AM

    New Delhi: The Government has been blaming oil companies for increasing petrol prices as it is the only oil product that is deregulated. But how true is its claim that not raising prices will bleed these companies to death? Every time petrol prices are raised the nation goes through a...
  • India welcomes Pak's move to grant MFN status 05-11-2011 11:30 AM

    New Delhi: Pakistan's decision to grant India Most Favoured Nation (MFN) status is likely to boost trade between both countries. India exports vegetables and few other items valued at about 15 hundred crore rupees every year via the Attari-Wagah border crossing. And now with Pakistan granting MFN status to India...