Depreciating Rupee
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Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
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Measures To Stop Depreciation Of Rupee ''Half-Hearted'': P Chidambaram
Senior Congress leader P Chidambaram on Saturday said the Narendra Modi government's five measures to stop further depreciation of the rupee and widening of the current account deficit (CAD) were "half-hearted and too late".
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Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
-
Measures To Stop Depreciation Of Rupee ''Half-Hearted'': P Chidambaram
Senior Congress leader P Chidambaram on Saturday said the Narendra Modi government's five measures to stop further depreciation of the rupee and widening of the current account deficit (CAD) were "half-hearted and too late".
