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Rupee Depreciation News


Gold Price Surges To Rs. 36,695
In the spot market on Friday, gold hit levels of Rs. 35,500 per 10 gm i.e. not excluding 3% GST. In Mumbai, gold priced priced closed at Rs. 35,271 higher by Rs. 789 while on the MCX futures it crossed levels ...
Consumer Appliances To Increase In Price By Up To 7%
Consumer durable companies are set to hike prices of products across the segment after sluggish sales during the festive season as well as to beat high input cost amid high crude oil price and depreciating rupee. In the festive time, to ...
Consumer Appliances Increase Price Up 7 Per Cent
Tata group out of $100-bn club as rupee falls
New Delhi: Salt-to-software conglomerate Tata group's combined turnover has slipped below USD 100-billion mark due to a fall in rupee, despite an over ten percent growth in total revenue when measured in Indian currency. Tatas have, however, emerged as the ...
Tata Group Of 100 Bn Club As Rupee Falls
World Bank cuts India's 2013-14 GDP forecast to 4.7%
While market sentiment has improved in the past few weeks, challenges remain, highlighting the importance of prudent macroeconomic policies and continued reforms to set strong foundations for accelerated growth, he said. The current situation offers an opportunity to strengthen the ...
World Bank Cuts India S 2013 14 Gdp Forecast 4
TCS market capitalization crosses Rs4 trillion
Mumbai: Tata Consultancy Services Ltd. (TCS) on Monday attained a market valuation of Rs4 trillion-becoming the second company in Indian markets after Reliance Industries Ltd. (RIL) to cross this milestone. At present, TCS is the only company with a market ...
Falling rupee poses challenges, opportunities for India: IMF
WASHINGTON: The unprecedented slide of rupees poses both challenges and opportunities for India, the International Monetary Fund (IMF) has said."The current situation presents a challenge, obviously, to the government of India, but also an opportunity for the government to continue in ...
Falling Rupee Poses Challenges Opportunities For India Imf
Rupee slide to impact IOC, BPCL most: Fitch
New Delhi: Global rating agency Fitch said the rupee depreciation will have highest impact on state- owned oil marketing companies, including IOC and BPCL. "The risks to standalone financial profiles are highest for state-controlled petroleum marketing companies among the Indian ...
Rupee Slide Impact Ioc Bpcl Most Fitch
SBI raises interest rate on bulk deposits by up to 1.5%
New Delhi: Faced with tight liquidity condition, State Bank of India Thursday raised interest rates by up to 1.5 percent on bulk deposits of over Rs 1 crore.The interest rate for bulk deposits for the tenors 7-60 days will be 9 ...
RBI warns of falling rupee stoking inflation
MUMBAI: The Reserve Bank today said falling rupee will likely offset the positive impact of above-average monsoons on inflation.The rupee so far has lost over 20 per cent since the beginning of this fiscal, and today it closed down with a ...
Rbi Warns Falling Rupee Stoking Inflation
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