NewKerala
The RBI intervention won't do much as the issue is structural," said Anis Chakravarty, senior director, Deloitte India. The rupee continues to slide despite a series of regulatory measures taken by the Reserve Bank of India (RBI). The partially...
The Economic Times
The steps to be announced tomorrow by the government and the RBI may include raising the interest for NRI deposits, cutting down wasteful expenditures and unveiling a bond issue for overseas investors to improve capital inflows in the wake of the...
The Financial Express
The rupee has already weakened by nearly 30 per cent against the USD since July last year and on Friday it fell to an all-time low of 57.37/dollar (intra-day) and ended the day at 57.15...Though some reformatory measures could be announced early next...
Daily News & Analysis
The Centre is set to announce on Monday steps to prop up the rupee, which on Friday touched an intra-day record low of 57.37 against the dollar. Union Finance Minister Pranab Mukherjee said on Saturday that the government would announce measures in...