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Economy and Politics

Rate hike to hit investment: India Inc

PTI | New Delhi

Disappointed with RBI's strong signal of interest rate hikes, a large section of India Inc on Tuesday said the upward revision in key rates in the credit policy will dampen the investment environment.

Rupee 8p down against US dollar

Rising oil prices threatening growth: RBI

Exports grow record 37.5% to $246 bn

During 2010-11, Indian merchandise drew demand from western economies, Latin America and Africa. The trade deficit for 2010-11 stood at $104.82 billion.

Rupee moves up 4 p against dollar

Rupee up 16 paise against dollar

Forex dealers said dollar weakness against major currencies, including the euro, after the US Federal Reserve held key rates steady kept the sentiment firm.

Rupee up 8 paise against dollar

The Indian currency had depreciated by 3 paise to close at Rs 44.51/52 against the US dollar in the previous session.

Rupee opens in red, down 12 pts

The Indian currency fell 12 paise to close at Rs 44.48/49 against the dollar in Monday's trade, following fresh demand for the American currency from importers.

RBI calls for hike in oil prices

Making a case for hiking oil prices, the Reserve Bank on Monday said delay in adjustments with global prices could pose a threat to government finances.

FIIs pumped in $1.61 bn during Apr

Foreign institutional investors (FIIs) were gross buyers of shares worth Rs 54,174.40 crore, while they sold equities amounting to Rs 46,961.10 crore.

Rupee falls 13 paise in early trade

The Indian currency closed 21 paise higher at Rs 44.22/23 against the dollar in Friday's trade due to fresh selling of the greenback by banks and exporters.

Food inflation up marginally to 8.76%

Rupee undeterred by high oil prices

The Indian currency has refused to buckle under the onslaught of rising global oil prices, thanks to a surge in exports.

Inflation to average 8.6% in 2011-12

Rupee down 18 paise against dollar

The domestic currency had fell by 4 paise to close at Rs 44.36/37 per dollar in the previous session on Thursday, following late dollar demand from importers.