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PTI
Mumbai, June 17, 2014
Saying that he wanted to debate parts of the FSLRC report, RBI Governor Raghuram Rajan said there are two issues-the oversight of regulators and their size and scope.


Dipak Mondal
June 17, 2014
PVK Mohan, head of equity, Principal Mutual Fund, says that equity markets would see sharp corrections but investors can expect 15-20 per cent return in next three years.


PTI
Mumbai, June 17, 2014
\"We are watching inflation situation. Food prices have had an effect in the last couple of months,\" RBI Governor Raghuram Rajan said, adding food prices may come down with appropriate food management by the government.


Mail Today Bureau
New Delhi, June 17, 2014
The rise in wholesale price inflation further hurt the rupee and pulled it down intraday to 60.23, a level last seen on May 6. The rupee ended at 60.15 versus its previous close of 59.76 on Friday.


Mail Today Bureau
New Delhi, June 17, 2014
Food inflation worked out to 9.50 per cent during the month while inflation in manufactured goods was 3.55 per cent.


Suvashree Dey Choudhury and Devidutta Tripathy
Mumbai, June 17, 2014
\"I think as far as the external front goes, we are in a much better position than we were last year... We have sufficient reserves, the current account deficit is low,\" the RBI Governor said on the sidelines of an industry event.


Neha Dasgupta
Mumbai, June 17, 2014
The Indian currency had dropped to near two-month low in early trade as oil companies rushed to buy the greenback as escalating crisis in Iraq triggered concerns over inflation and current account deficit.


IANS
Mumbai, June 17, 2014
The BSE bank index was up 392.23 points, followed by oil and gas index which moved higher by 324.86 points, capital goods index rose 302.51 points, metal index gained 207.76 points and automobile index surged 95.20 points.


PTI
Mumbai, June 17, 2014
Dealers said besides dollar's gains against other currencies overseas, continued demand for the US currency from oil importers, to meet their requirements after global crude prices soared to nine-month highs on tension in Iraq, mainly weighed on the domestic currency.


PTI
New Delhi, June 17, 2014
\"The Government is seized of the matter and is committed to ease supply side constraints. The rise in prices of food articles can also be attributed to withholding of stocks on account of apprehension of a weak monsoon,\" Finance Minister Arun Jaitley said.


Rajesh Kumar Singh
June 17, 2014
Modi has made controlling inflation a priority since taking office last month, but prospects of weak summer monsoon rains and turmoil in Iraq have increased the risk of rising food and fuel prices.


Naveen Mathur
June 16, 2014
In the non-agri commodities space, gold prices lost momentum and traded below the key $1300 mark in the first half of previous fortnight.


PTI
New Delhi, June 16, 2014
The government has hiked import tariff value on gold to $411 per 10 grams and $632 per kg for silver as global prices have increased in the wake of escalating violence in Iraq.


PTI
New Delhi, June 16, 2014
At the Multi Commodity Exchange, the metal for delivery in August gained Rs 239, or 0.90 per cent, to trade higher at Rs 26,866 per 10 gm in a turnover of 451 lots.


PTI
Mumbai, June 16, 2014
Rising crude oil prices in global markets on escalating tensions in Iraq further dampened hopes of a rate cut by the Reserve Bank of India as WPI inflation in May rose to 5-month highs.


Reuters
June 16, 2014
Sustained demand for the American currency from oil importers, weakness in local equities on the back of rise in wholesale price index-based inflation, weighed down the rupee.


Mahesh Nayak
June 16, 2014
The market is valuing and viewing India with a long term horizon of three to five years, but near-term hiccups such as a below-than-normal monsoon, rising oil prices and its impact on currency and inflation, could well have some adverse impact.


PTI
New Delhi, June 14, 2014
Traders said sentiments remained bullish after gold made further headway in global market as escalating violence in Iraq boosted demand for the precious metal as a safe-haven.


PTI
New Delhi, June 14, 2014
Two-thirds of India's crude oil requirements are met through imports. The government is cautious about the crisis in Iraq, which is the second-largest oil supplier after Saudi Arabia.


Rahul Oberoi
June 13, 2014
Heavy profit-booking and concerns over high oil prices on Friday made sure that the index closed the week at 25,228.17, down 168 points from 25,396.46 on June 6. It had touched a high of 25,583.69 on June 10.


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