Rupee Crash
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Trump Tariffs Offset Budget Boost, Rupee Hits Record Low, Markets Crash
The Indian shares tumbled after Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a broader trade war.
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On Rupee Crash, Rahul Gandhi Taunts PM Modi With "Masterclass" Video
The rupee's horrid show against the robust dollar today -- 70.09 a US dollar -- was sufficiently milked by Congress President Rahul Gandhi, who dug out an old video of Prime Minister Narendra Modi to attack the "supreme leader".
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Rahul Gandhi, Congress Tweet Jibes As Rupee Crashes To 70 Against US Dollar
The rupee touched an all-time low of 70.09 per US dollar on Tuesday, two days before Independence Day. As the news broke, Congress were quick to make political capital on social media and posted a sharp tweet directed at Prime Minister Narendra Modi and his government. About an hour ago, Congress President Rahul Gandhi also took a dig at PM Modi.
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On Rupee Crash, P Chidambaram Says, Waiting For "BJP's Achhe Din"
Continuing its free fall for the fourth straight session, the Indian rupee yesterday hit a record closing low of 68.79, showing a fall of 18 paise against the US dollar.
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Gujarat Election Results 2017: Rupee Crashes 68 Paises Against US Dollar
Besides rupee, Sensex and Nifty also fell dramatically on neck-to-neck fight between Congress and BJP in Gujarat Assembly Election Results.
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Look Away Now. Newly-Wed Couple Crashes Rented Ferrari Worth 240,000 Pounds
Ouch, that's gotta hurt. Car lovers, look away right now. These startling pictures show a totaled Ferrari 458 Spider worth 240,000 pounds (about twenty-two million in rupees) in Burnely, Lancashire and are definitely not for the faint-hearted.
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A Weakening Rupee Means More Investment for Indian Students Abroad
The global meltdown of stock markets and the Sensex's biggest slump in years has cost investors a lot of wealth. But the domino effect on the volatility of rupee has also impacted the Indian students studying abroad.
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Except Currency, All Our Economic Parameters are Strong Says Arun Jaitley
Finance Minister Arun Jaitley held a press conference today in Delhi after Sensex slumped in its worst crash since 2009. He said the government is keenly monitoring the market but Rupee volatility remains a concern. Here are the highlights from his speech:
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Opinion: What Caused the Massive Market Crash Today
India needs a Plan B - quickly, writes MK Venu.
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Meet "The Guv": rock star welcome for RBI chief Raghuram Rajan
Less than 24 hours in the job and he has already been dubbed "The Guv" by a gushing Indian media and portrayed as a suave James Bond-like figure coming to the rescue of the country's crashing currency.
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PM asks rich countries to ensure their policies don't hit developing world
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh today called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
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At Karnataka's 'water ATMs', 10 litres of water for Rs 1
The Indian rupee may be crashing globally, but in a suburb in Banglore, just Rs 1 can fetch ten litres of clean drinking water. And the facility comes without hassles of standing in long queues. Kanakapura has got what locals call, 'Water ATMs'.
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India stuck with government in denial, PM who never speaks: BJP
The BJP today rejected the Prime Minister's first substantial statement on the current economic crisis and the crashing value of the rupee as "extremely disappointing and frustrating" and its top leaders met the President, requesting him to insist that the government call early national elections "to seek a fresh mandate."
-
Trump Tariffs Offset Budget Boost, Rupee Hits Record Low, Markets Crash
The Indian shares tumbled after Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a broader trade war.
-
On Rupee Crash, Rahul Gandhi Taunts PM Modi With "Masterclass" Video
The rupee's horrid show against the robust dollar today -- 70.09 a US dollar -- was sufficiently milked by Congress President Rahul Gandhi, who dug out an old video of Prime Minister Narendra Modi to attack the "supreme leader".
-
Rahul Gandhi, Congress Tweet Jibes As Rupee Crashes To 70 Against US Dollar
The rupee touched an all-time low of 70.09 per US dollar on Tuesday, two days before Independence Day. As the news broke, Congress were quick to make political capital on social media and posted a sharp tweet directed at Prime Minister Narendra Modi and his government. About an hour ago, Congress President Rahul Gandhi also took a dig at PM Modi.
-
On Rupee Crash, P Chidambaram Says, Waiting For "BJP's Achhe Din"
Continuing its free fall for the fourth straight session, the Indian rupee yesterday hit a record closing low of 68.79, showing a fall of 18 paise against the US dollar.
-
Gujarat Election Results 2017: Rupee Crashes 68 Paises Against US Dollar
Besides rupee, Sensex and Nifty also fell dramatically on neck-to-neck fight between Congress and BJP in Gujarat Assembly Election Results.
-
Look Away Now. Newly-Wed Couple Crashes Rented Ferrari Worth 240,000 Pounds
Ouch, that's gotta hurt. Car lovers, look away right now. These startling pictures show a totaled Ferrari 458 Spider worth 240,000 pounds (about twenty-two million in rupees) in Burnely, Lancashire and are definitely not for the faint-hearted.
-
A Weakening Rupee Means More Investment for Indian Students Abroad
The global meltdown of stock markets and the Sensex's biggest slump in years has cost investors a lot of wealth. But the domino effect on the volatility of rupee has also impacted the Indian students studying abroad.
-
Except Currency, All Our Economic Parameters are Strong Says Arun Jaitley
Finance Minister Arun Jaitley held a press conference today in Delhi after Sensex slumped in its worst crash since 2009. He said the government is keenly monitoring the market but Rupee volatility remains a concern. Here are the highlights from his speech:
-
Opinion: What Caused the Massive Market Crash Today
India needs a Plan B - quickly, writes MK Venu.
-
Meet "The Guv": rock star welcome for RBI chief Raghuram Rajan
Less than 24 hours in the job and he has already been dubbed "The Guv" by a gushing Indian media and portrayed as a suave James Bond-like figure coming to the rescue of the country's crashing currency.
-
PM asks rich countries to ensure their policies don't hit developing world
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh today called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
-
At Karnataka's 'water ATMs', 10 litres of water for Rs 1
The Indian rupee may be crashing globally, but in a suburb in Banglore, just Rs 1 can fetch ten litres of clean drinking water. And the facility comes without hassles of standing in long queues. Kanakapura has got what locals call, 'Water ATMs'.
-
India stuck with government in denial, PM who never speaks: BJP
The BJP today rejected the Prime Minister's first substantial statement on the current economic crisis and the crashing value of the rupee as "extremely disappointing and frustrating" and its top leaders met the President, requesting him to insist that the government call early national elections "to seek a fresh mandate."
