Press Trust of India | Saturday May 25, 2013
In a bid to allay India's concerns over the controversial 'Nitaqat' labour law, Saudi Arabia's Foreign Minister Prince Saud Al-Faisal today said "procedures" are being taken in the "best interest of Indian workers".
Chidambaram to woo investors in Dubai on Sunday
Saturday May 25, 2013
With a view to seek foreign investments, Finance Minister P Chidambaram will be visiting Dubai on Sunday, May 26, to sell India's growth story to sovereign wealth funds.
Markets week ahead: Shares to track GDP, foreign inflows
Saturday May 25, 2013
The government will release the March quarter GDP numbers on Friday, which is expected to confirm the economy grew at its slowest pace in a decade in fiscal year 2012-13.
RBI to take steps to check excessive volatility in currency market
Friday May 24, 2013
Amid the rupee nearly touching a 9-month low against the US dollar, the Reserve Bank of India (RBI) said on Friday that it will continue to take steps to check excessive volatility in the currency market.
Rupee ends lower, falling for third week
Friday May 24, 2013
The rupee weakened on Friday, falling 1.3 per cent for the week, extending its losing streak to a third successive week, hurt by concerns about a possible pullback in global fund flows and the country's external deficit.
Iran denies it has forces in Syria
Reuters | Friday May 24, 2013
Iran denied on Friday it had forces in Syria supporting President Bashar al-Assad's army, one day after foreign backers of his rebel foes demanded Tehran withdraw its fighters from Syrian territory.
Government to issue clarifications in FDI policy: trade minister
Thursday May 23, 2013
Commerce and Industry Minister Anand Sharma said on Thursday that the government will issue certain clarifications in foreign direct investment policy which will come into effect prospectively.
ICC Champions Trophy: The five Indian players to watch out for
NDTVCricket | Thursday May 23, 2013
The Indian team head in to the Champions Trophy as World Champions. Yet in foreign conditions and with an inexperienced squad, MS Dhoni will have to hand-pick and motivate his troops for two weeks.
Regulators seek clarity on Jet-Etihad deal, may suggest changes
Thursday May 23, 2013
Separate clarifications have been sought on the deal, which involves a 24 per cent stake purchase in Jet by Etihad and is the first investment by a foreign carrier in an Indian airline, by capital markets regulator Sebi (Securities and Exchange Board...
Why the rupee has hit an 8-month low
Thursday May 23, 2013
The rupee declined for the fifth straight day against the dollar, marking its longest losing streak in over three months. It hit an over eight-month low of 55.92 against the greenback. The dollar-rupee pair has a resistance at 55.92, a break of which...
North Korea sanctions threaten humanitarian aid: report
Reuters | Thursday May 23, 2013
Aid agencies helping millions of people in North Korea could be forced to pull out after a Chinese bank cut ties with main foreign exchange bank, a humanitarian group said on Wednesday.
Rupee ends lower on weak equities, importer demand
Wednesday May 22, 2013
The rupee fell for a fourth successive session on Wednesday to mark its longest losing streak in over three months, hurt by dollar demand from oil refiners and a late fall in equities.
Iran, Hezbollah increasing support for Bashar al-Assad: Britain
Reuters | Wednesday May 22, 2013
British Foreign Secretary William Hague said on Wednesday Iran and its militant Shi'ite Lebanese ally Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support.
Rupee ends little above 2013 low on stock losses, importer demand
Tuesday May 21, 2013
The rupee dropped to its lowest in nearly six months on Tuesday, dragged by late falls in local shares and import-related demand from a large private company.
Rupee trims early gains against dollar
Tuesday May 21, 2013
The rupee opened higher at 54.97 per dollar as against the previous closing level of 55.11 at the Interbank Foreign Exchange (Forex) market.
