Is the worst over for the rupee, economy?
Sep 10, 2013
The biggest stories of September 5, 2013
Sep 5, 2013
Sunday March 9, 2014
The combination of foreign flows, rupee at 3 month lows, positive data with current account deficit coming at $ 4.2 billion (0.9 per cent of GDP) the lowest level in 8 years and the temporary resolution of the Ukraine crisis all saw the Nifty and Sen...
Friday March 7, 2014
Overseas investors have bought heavily into India as a sharply narrowing current account deficit and a more stable rupee have increased confidence in a country that only last year was in the midst of its biggest market turmoil since the balance of pa...
Tuesday March 4, 2014
The rupee lost 11 paise to 62.15 against the dollar in early trade today as the US currency appreciated against the euro and other currencies overseas.
Tuesday March 4, 2014
Russia's military intervention in neighbouring Ukraine pressured global stocks on Monday, but markets rebounded on Tuesday after President Vladimir Putin ordered troops involved in a military exercise in western Russia back to base in an announcement...
Monday March 3, 2014
The BSE Sensex fell on Monday to snap a five-day winning streak as stocks of blue chips such as ICICI Bank declined as part of an emerging markets retreat over fears of military tensions between Russia and Ukraine.
Wednesday January 29, 2014
Half a year after India's worst economic crisis since 1991 reduced the rupee to record lows, a government in the last months of its life faces a new moment of truth as emerging markets again show signs of buckling.
Friday November 1, 2013
The BSE Sensex hit an all-time high on Friday on the back of strong foreign buying, marking a remarkable turnaround from two months earlier when the rupee fell to record lows and threatened a crisis of confidence.
Friday November 8, 2013
The BSE Sensex on Friday hit an all-time high breaching the earlier record of 21,206.77 registered on January 10, 2008. The Sensex has now gained 22 per cent since hitting an intraday yearly low of 17,448.71 on August 28, a period when the rupee was ...
Thursday October 31, 2013
The BSE Sensex closed at a record high on Wednesday and is now within striking distance of the all-time high hit nearly six years ago. The Sensex has now gained 21 percent since hitting an intraday yearly low of 17,448.71 points on August 28, a perio...
Thursday October 3, 2013
Despite the US budget crisis showing no signs of an early resolution, global stocks markets have remained calm. The Sensex has even gone further and gained over 2 percent since the US government announced a shutdown on October 1. So far, investors ha...
Friday September 20, 2013
Rajan, who took office early this month amid India's worst economic crisis since 1991, increased the RBI's policy repo rate by 25 basis points (bps) to 7.50 per cent, defying widespread forecasts that he would leave the rate on hold to bolster a slug...
Monday September 16, 2013
Rajan has already warned he does not have a "magic wand" to deal with India's economic crisis, but dubbed "The Guv" by a gushing Indian media, hopes are high he can find a formula to stabilise the rupee, calm inflationary pressure and at the same tim...
Monday September 9, 2013
The lack of reform and infrastructure, painfully slow decision making and red tape are common complaints of corporate India, but this time they could come at a cost as the rupee crisis shows businesses how vulnerable they are.
Sunday September 8, 2013
He has also said that the overall mood of the Indian consumer remains subdued, while rupee depreciation, coupled with crippling inflation, is taking its toll on an already sluggish economy and a weak consumer market.
Friday September 6, 2013
It flies in the face of conventional wisdom to bet on a country with a currency tumbling to record lows and a government that is clutching at straws to deal with India's worst economic turmoil since its balance of payment crisis in 1991.
Thursday September 5, 2013
The rupee rallied and shares surged on Thursday after the Reserve Bank of India (RBI) chief unveiled measures to support the ailing currency, providing a shot of confidence for investors unnerved by the country's worst economic crisis in two decades.
Cheat Sheet | NDTV.com | Wednesday September 4, 2013
Raghuram Rajan today took over as the governor of the Reserve Bank of India at a time when the Indian economy is facing its worst crisis in over two decades. Mr Rajan said India's economy was "fundamentally sound" and had a "bright future" in his fir...
Wednesday September 4, 2013
Raghuram Rajan, a former chief economist at the International Monetary Fund (IMF), took charge at the RBI as the country faces its worst economic crunch since a balance of payments crisis two decades ago.
Thursday September 5, 2013
Raghuram Rajan took over as the 23rd RBI governor today at a time when the Indian economy is facing its worst crisis in over two decades.
Who Said What | Edited by Diana George | Monday October 14, 2013
Raghuram Rajan, a suave, unflappable University of Chicago economist, took over as the 23rd RBI governor today at a time when the Indian economy is facing a big crisis. The rupee has plunged nearly 20 per cent since May as Asia's third-largest econom...