Rupee at record low puts RBI under pressure to curb market rout
Pressure is mounting on the RBI to take stronger action to stem the currency’s slide. The central bank has already raised interest rates twi...
Why we need to pray for $5 crude oil price dip
“Weakening of the rupee has built in about Rs 2.50 into the (fuel) prices. Crude prices have been range-bound, swinging up and down by $1-3 ...
Markets open flat above key marks
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Fresh low for rupee, now at 72.91 against USD
The domestic currency was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oi...
Choksi diverted over Rs 3,250 crore to foreign shores: ED
The agency, which is probing the $2 billion (about Rs 13,000 crore) alleged bank fraud that also involved his nephew Nirav Modi, said Choksi...
States to get Rs 22,700 crore windfall from rupee plunge, crude spike
The rupee plumbed a new lifetime low of 72.73 to a dollar, falling 28 paise Tuesday on strengthening American currency as crude prices went ...
Many bad loans originated between 2006-2008: Rajan
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