Falling Rupee

  • Falling factory activity adds to rupee's woes September 2, 2013

    The rupee remained frail after last week's record low, as pessimism generated by dismal economic growth data was compounded on Monday by survey showing factory activity in August shrank for the first time in over four years. Investors want bold reforms to restore confidence in India, spur growth, reduce a record...
  • FTP: Is the new Land Acquisition Bill anti-industry? August 29, 2013

    The Land Acquisition Bill, which seeks to provide just and fair compensation to farmers while ensuring that no land can be aquired forcibly, was passed by the Lok Sabha on Thursday. ...
  • India @ 9 with Rajdeep Sardesai August 29, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Sonianomics: Is pro-poor politics anti-growth? August 29, 2013

    As India battles economic slowdown, the timing of Congress President Sonia Gandhi's aggressive push for food bill and the land acquisition bill is being questioned by economists. ...
  • Lok Sabha passes Land Acquisition Bill with an overwhelming majority August 30, 2013

    New Delhi: The Land Acquisition Bill, which seeks to provide just and fair compensation to farmers while ensuring that no land can be aquired forcibly, was passed by the Lok Sabha on Thursday. The legislation, just like the Food Security Bill, is being viewed as a mega vote-getter in forthcoming...
  • Uproar in Parliament over economic crisis, falling rupee August 29, 2013

    The Opposition hit out at the government over the economic crisis and falling rupee in Parliament. There was an uproar in the House as members demanded the Prime Minister to make a statement over the current economic situation. The Prime Minister will make a statement tomorrow in the Rajya Sabha. ...
  • Land Acquisition Bill: How the day unfolded August 29, 2013

    New Delhi: 10 PM: Lok Sabha passes the Land Acquisition Bill. "I am happy that Land Acquisition Bill has been passed," said Vice President Rahul Gandhi 8:51 PM: While talking on the Land Acquisition Bill in Lok Sabha, Congress vice president Rahul Gandhi said that he is relieved. 7:52 pm: Voting on...
  • Govt has not drawn any red line on rupee value, says Montek August 25, 2013

    In the backdrop of the declining value of India's currency, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday said the government has not drawn any red line on the rupee, which he felt has over depreciated. "I don't believe that either the government or the RBI have taken a view...
  • India and Iraq explore possibility of bilateral trade after rupee declines August 23, 2013

    Faced with declining value of rupee and volatile exchange rate, India is exploring the possibility of bilateral trade with Iraq in domestic currencies, Commerce and Industry Minister Anand Sharma said on Friday. The issue of payment for trade in local currencies will be discussed during the bilateral meetings between visiting Iraqi...
  • Chidambaram warns of flat Q1, says rupee undervalued August 22, 2013

    India's troubled economy did not rebound in the quarter that ended in June but will begin to in the rest of the financial year, the finance minister said on Thursday, after the rupee, which he said was "undervalued," hit another record low. The rupee has tumbled 17 percent since May, leading...
  • Government only cares of staying in power: Narendra Modi August 20, 2013

    Gujarat Chief Minister Narendra Modi slammed the government over security issue and falling rupee. He said, "It's the country's misfortune that leadership only cares of staying in power, and not of national security or the falling Rupee. In spite of the government's assurance for the last 5 years, they've not...
  • Tourists prefer domestic holidays due to falling rupee: Iqbal Mulla July 8, 2013

    Travel and booking companies are seeing a steep downward trend in international airticketing and hotel reservations. Has there been a positive ripple effect on domestic tourism? Are more Indians opting for holidays within the country instead? Iqbal Mulla, president of Travel Agents Association of India, joined IBNLive readers for an...
  • Falling rupee: The reason for the rout June 22, 2012

    CNBCTV18 banking editor Latha Venkatesh explains why the rupee continues to fall. ...
  • Rupee strengthens against the dollar in early trade June 6, 2012

    Mumbai: The rupee on Wednesday appreciated by 11 paise to 55.53 against the US dollar in early trade on the Interbank Foreign Exchange, following a higher opening on the stock market amid selling of the American currency by exporters. Dealers said besides higher opening in local equities and selling of dollars...
  • Rupee hits record low; exporter dollar sales eyed May 22, 2012

    Mumbai: The rupee fell to a new record low of 55.32 to the dollar, its fifth consecutive alltime low, as arbitrage measures taken by the RBI late on Monday provided only a brief sentiment boost. At 10:05 am, the partially convertible rupee traded at 54.95/00 per dollar, rebounding from the record...
  • Falling rupee: Pay more to study abroad May 21, 2012

    Mumbai: The depreciating rupee has been giving nightmares to not only the businessmen but to students also, especially those who are hoping to study abroad. For Pune's Pranaav Jadhav, a second year communications student in the US, the rupee's downfall has been a terrible blow. The higher exchange rates mean he...
  • Depreciating rupee matter of great concern: Pranab Mukherjee May 20, 2012

    Finance Minister Pranab Mukherjee said on Saturday that India was watching the euro crisis very closely. ...