NewKerala
| 11 months ago
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
| 11 months ago
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
| 11 months ago
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
| 11 months ago
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...