ECONOMIC CRISIS

  • Household budgets hit again, food inflation at a 3year high October 16, 2013

    The festive season is not bringing as much joy to people as prices of food commodities have pushed food inflation to a 3year high of 18 per cent in August. ...
  • Food inflation to ease soon, says economist Rangarajan September 16, 2013

    Indian economist C Rangarajan has said that inflation can ease soon as rupee has stabilized and important commodities in terms of rupee will also come down. ...
  • News 360: Raghuram Rajan takes over as RBI governor September 4, 2013

    Raghuram Rajan, a suave, unflappable University of Chicago economist, stepped into the heart of the storm roiling India's economy on Thursday as the Reserve Bank of India's new governor and chief defender of a nose-diving rupee. ...
  • What would a war on Syria mean for India and the World? September 4, 2013

    Israel's joint missile test in the Mediterraneam Sea raised fear of an attack on Syria. The world was spooked after Russia on Tuesday detected the launch of two ballistic "objects". The Indian markets plunged 650 points and the rupee breached 68 marks against the US dollar following the reports. ...
  • Markets, rupee crash due to fears over syria September 3, 2013

    The sensex on Tuesday plunged almost 670 points to close at 18,234. The rupee too breached 68 to the dollar after a 3 day rally. ...
  • Rupee fall is the biggest problem for India's economy, says Adi Godrej September 1, 2013

    Godrej group chairman Adi Godrej expressed hope for growth in the Indian economy in the second half of the financial year. However he raised concerns over the depreciation in the value of rupee and said that corrective steps need to be taken soon and it should not be allowed to...
  • Manmohan Singh's aggression a sign of weakness? August 30, 2013

    Prime Minister Manmohan Singh fought for his reputation as the architect of India's economic reforms on Friday, insisting that the current growth and currency crunch was no repeat of the 1991 balance of payments crisis that made him a household name. ...
  • India @ 9 with Rajdeep Sardesai August 30, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Next few months difficult for economy: CII President August 30, 2013

    CII President Kris Gopalakrishnan has said that even as the government is taking steps to overcome the economic crisis, the next few months will be uncertain for the investors due to the coming elections. ...
  • Watch: War of words between PM and Arun Jaitley in Rajya Sabha August 30, 2013

    Prime Minister Manmohan Singh on Friday lost his cool over the BJP and questioned the continuous disruptions and the conduct of the Opposition in the Rajya Sabha. Manmohan Singh not only took on the opposition for insulting him, but went on to say that the opposition MPs had no respect...
  • 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. ...
  • Using gold reserves was just a suggestion, clarifies Anand Sharma August 29, 2013

    Clarifying his stand on the use of gold reserves to control the fiscal deficit said that it is not the government's decision but was just his suggestion. He added that despite the volatility in the economy there is no need for panic noting that the macro fundamentals of the country...
  • Slowdown in growth due to governance issues: Subbarao August 29, 2013

    In his last speech before retiring, Subbarao said that the slowdown in growth was not due to the RBI's tight monetary policy but due to governance issues. ...
  • Land Bill's sanctity has been diluted: Lalu August 29, 2013

    RJD supremo Lalu Prasad Yadav said that the sanctity of the Land Bill has been diluted and urged the government to give a prompt answer. The Land Acquisition Bill was on Thursday tabled in the Lok Sabha amidst chaos with the opposition parties demanding a statement from Prime Minister Manmohan...
  • 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. ...
  • Markets open in the green; rupee opens stronger, at 67.20 vs dollar August 29, 2013

    After Wednesday's free fall, the rupee opened stronger at 67.20 versus the US dollar on Thursday. The markets also opened in the green, the Sensex opened over 190 points up and Nifty over 50 points up. ...
  • Watch: How rupee can be revived, economy be saved August 29, 2013

    Rupee closed at an all-time low of 68.80 versus the US dollar on Wednesday. IBN18 Editor-in-Chief Rajdeep Sardesai speaks to a panel of experts who list out various solutions to revive rupee and save economy. ...
  • News 360: Rupee continues its free fall, hits life low August 28, 2013

    The rupee touched its lowest ever and closed at 68.80 to the dollar on Wednesday. The sensex recovered after plunging 500 points down in morning trade. ...
  • How to revive the economy and save the falling rupee? August 28, 2013

    The rupee is trading at 67.81 against dollar. The markets has also recovered, the Sensex is up 80 points at 18,048.19 and Nifty is up 22 points at 5,310.30. ...
  • Vested interests have delayed or manipulated government policy: Ratan Tata August 28, 2013

    Former chairman of Tata Group Ratan Tata broke his silence in an exclusive interview to CNN-IBN on the leadership deficit and economic crisis in the country. ...
  • Economic crisis: BJP asks UPA government to quit August 28, 2013

    Finance Minister P Chidambaram admitted that the economic crisis was on account of domestic policies as well. ...
  • Five reasons for the fall of the rupee August 28, 2013

    The rupee on Wednesday touched another lifetime low ending at 68.80 vs dollar. With a continuous depreciation in the value of the Indian currency, we take a look at five reasons for the tumbling rupee. ...
  • Watch: Analysts discuss the market as rupee hits lifetime low August 28, 2013

    Despite the Finance Minister's statements, the efforts to talk up the economy have not been effective. ...
  • Government has no control over its administration, say investors August 28, 2013

    The depreciation in the value of rupee has left the investors on the Dalal Street worried. As rupee hit its life low and closed at 68.80 on Wednesday, investors believe that the way in which the fiscal deficit is stressed and increased and the way the policy decisions are being...
  • Watch: Reactions on rupee, markets fall August 28, 2013

    The rupee breached the 68-mark on Wednesday, hitting a record low of 68.92 against the dollar. The markets too crashed with Sensex losing more than 300 points. ...
  • Modi compares PM to rupee, says both have lost value August 24, 2013

    Gujarat Chief Minister Narendra Modi has slammed Prime Minister Manmohan Singh for the rupee crisis. "Both the rupee and the country's Prime Minister have lost their value," said Modi. ...
  • India @ 9 with Rajdeep Sardesai August 22, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • The Last Word: What can the government do to arrest rupee fall? August 22, 2013

    The rupee remained in the doldrums for the sixth session in a row on Thursday as it breached the 65 mark to an all-time intra-day low of 65.56 before recovering to settle at 64.55 against the dollar, still down 44 paise. ...