Categories
Economy

Rupee now at 75.34 to a dollar despite Moody’s downgrade

If strong domestic equity markets and government’s reopening plan for the domestic economy pushed the rupee up, gains in banking and financial services stocks made the domestic stock market rally for the fifth consecutive session

Categories
Article

GSI Disclaimer Appears Issued Under Pressure

How can GSI disown a discovery that was not its own finding in the first place, before receiving the report from the state mining department?

Categories
Economy

LPG cylinders dearer; INC critiques govt ignoring technicality

The idea behind keeping a part of the LPG supply non-subsidised is that the section will not be controlled by the government, thus giving relief to the exchequer

Categories
Economy

Market, industry, rupee beam following record corporate tax cut

This is the biggest one-time reduction in corporate tax in the last 28 years, comparable to the epoch-making reform measure by the PV Narasimha Rao government in 1991

Categories
Economy

Rupee rises 28 paise to 71.86 against dollar in early trade

The rupee, opening at 71.87 at the interbank foreign exchange, registered a rise of 27 paise by gaining a high of 71.85 on Thursday

Categories
Economy

Rupee will soon be stronger against dollar

There was immense pressure created on the rupee due to huge capital outflows, as a result of which it fell considerably against the US dollar

Categories
Economy

Economy slumps: Experts say only big bang reforms will help

The government secured more fiscal space to stimulate the economy with a windfall from the central bank in excess of $24 billion

Categories
Economy

Rupee, 71.80 to dollar, dips to Bangladeshi taka level

The Indian rupee is gradually decreasing against the US dollar and in comparison, the Bangladeshi taka is in a much better condition than the rupee

Categories
Article

$ 5 Trillion Economy By 2024 An Impossible Dream

It will take a sustained 12% compounded growth in the economy year-on-year from now when we are at $ 2.8 trillion GDP

Categories
Editorial

India can benefit from US as well as China

What is required of the new government led by Narendra Modi is an improvement upon its already impressive tightrope walk in international relations including commerce