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US President Barack Obama said there was a need to include the big emerging players in policymaking, which India can count as a victory for its own aspirations
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Mint, with an introductory price of Rs3.50, will provide discerning readers in Chennai the same Clarity that the rest of the country has so overwhelmingly embraced
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Pascal Lamy says protectionist policies persist; questions remain about legality of fiscal stimulus moves
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Total income of the bank rose to Rs3,864.13 crore during the first quarter of the current fiscal from Rs2,891.24 crore in the corresponding period a year ago
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India’s retail business is estimated to touch $590 billion in two years
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Among the sectors covered in terms of employment there is an increase in all the sectors except ITES
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Some zealous fact checking caused the insertion of an error in this morning’s editor’s note on Page 1, announcing the launch of Mint’s Chennai edition
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DMRC chief owns moral responsibility for the accident; government says won’t take hasty decision on resignation
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There is a strong correlation between the value of rupee against the dollar and the buying\selling activity of foreign institutional investors on stock exchanges, reveals a study.
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Rupee dropped 2.4% last week, its biggest weekly drop since early March, when it had shed 2.8%. Where Re comes from & goes | Forex Converter
| NRE/ NRO A/c
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Rupee ends at 49.12/49.13 per dollar.
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Rupee pared loses and bounced from a two-month low in line with the trend in stocks, that also recovered partially.
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Rupee bounced off a two-month low in afternoon trade on Monday as the sharp fall in recent sessions triggered some profit-taking, while of paring losses in local shares also helped sentiment.
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The rupee today lost 35 paise at 49.35 against the US dollar in the morning trade on dollar buying by banks and sustained slide in the equity markets raising fears of more capital outflows.
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Rupee on Monday turned weak and lost 11 paise to hit two-month lows of 49.11 against the US dollar in early trade on expectations of increased capital outflows.
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The Indian rupee extended losses after falling the most in four months last week, as banks bought dollars in anticipation of foreign fund outflows from local shares.
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The rupee dropped further to fresh two-month lows on Monday following its biggest weekly losss in four months as expectations of likely capital outflows from local shares weighed on sentiment.
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Despite a net increase in quarterly profits and appreciating share prices, bad debt and asset quality remain a problem
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Its shares fell as much as 17.5%, but later recovered to close 2.7% up
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