Falling Rupee

  • Falling factory activity adds to rupee's woes 02-09-2013 04:58 PM

    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...
  • FTP: Is the new Land Acquisition Bill anti-industry? 29-08-2013 11:58 PM

    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 29-08-2013 11:50 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Sonianomics: Is pro-poor politics anti-growth? 29-08-2013 11:45 PM

    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 29-08-2013 11:08 PM

    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 29-08-2013 01:43 PM

    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 29-08-2013 11:24 AM

    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:...
  • Govt has not drawn any red line on rupee value, says Montek 25-08-2013 07:29 PM

    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...
  • India and Iraq explore possibility of bilateral trade after rupee declines 23-08-2013 04:26 PM

    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...
  • Chidambaram warns of flat Q1, says rupee undervalued 22-08-2013 10:03 PM

    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,...
  • Government only cares of staying in power: Narendra Modi 20-08-2013 03:57 PM

    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 08-07-2013 05:05 PM

    Travel and booking companies are seeing a steep downward trend in international air-ticketing 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...