Bengaluru: Former president Pranab Mukherjee on Wednesday expressed dissatisfaction over India’s economic growth and said the country should have been a five to six trillion US dollar economy. Addressing students of Greenwood High International School on the topic ‘Value of education in today’s scenario,’ Mukherjee said India has the potential to become a global economic […]
New Delhi : After two consecutive hikes, petrol prices were today cut by 49 paise per litre and diesel by Rs 1.21 a litre on softening international oil rates. The reduction in rates will be effective from midnight tonight. Prices of petrol in Delhi will be Rs 60 a litre from tomorrow as against the […]
New Delhi: Amid growing economic concerns, the Finance Ministry on Friday said that the country’s external debt rose to $426 billion at the end of December 2013. External debt increased by $21.1 billion over the March 2013 level. However, sovereign external debt came down from $81.7 billion (March 31 2013) to $76.4 billion at the […]
Mumbai : Continuing its rising streak, the rupee today strengthened to below 60 level at 59.90 for the first time since July 2013 against the US dollar in late afternoon trade on sustained foreign fund flows. Dealers said sustained selling of the American currency by banks and exporters and ongoing bull-run on the domestic equity […]
Chennai: Tamil Nadu Chief Minister J Jayalalithaa today termed as “unjust” the frequent hike in petrol prices and accused the Oil Marketing Companies (OMCs) of being profit-oriented. “Increasing petrol prices twice a month is unjust. Centre should think how people can tolerate petrol price hike 24 times a year,” she said in a statement. Today’s […]
Mumbai: The rupee plunged by 70 paise to a new record low of Rs 57 against the US dollar in mid-session trade Friday on increased capital outflows and rising demand from importers for the American currency. Dollar also gained against euro and other currencies in the overseas forex markets amid global economic growth concerns, Moody’s […]
New Delhi : The public sector oil marketing companies might increase petrol prices by Rs.0.65 per litre from December 15 midnight. The oil PSUs have been waiting for the nod from the government. The rupee’s fall to an all-time low against the US dollar has resulted in an increase in the cost of […]
Mumbai : The Indian rupee hit an all-time low at 53.30 to the US dollar on Tuesday. It opened at an all-time low of 53.19 to the US dollar shedding 0.7 per cent over the previous close on Monday. The fall in the index for industrial production in October 2011 by 5.1 per cent has […]
