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Economy and Politics

Rupee drops further by 14p vs dollar

PTI | Mumbai

The Indian rupee dropped further by 14 paise to 44.90 per US dollar on sustained dollar demand from banks and corporates despite weakness of the dollar in overseas market.

Food inflation checks rise, at 8.53%

Middle class to grow to 1.2 bn:ADB

India will still have a relatively young population even by 2050. Its labour force will continue to grow, before reaching nearly one billion workers by 2050.

Rate hike to hit investment: India Inc

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 down 9 paise in early trade

Rupee down 8p against US dollar

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.