Rediff - business.rediff.com - Rediff Business
General Information:
Latest News:
RBI for stringent entry norms for new banks 27 Aug 2013 | 06:50 pm
The discussion paper is released at a time when the central bank is sifting through 26 applications seeking an entry into the fray.
Gold hits 9-month high at Rs 32,000 27 Aug 2013 | 06:42 pm
Gold prices regained Rs 32,000 per ten gram level after nine months in the national capital on Tuesday on increased stockists buying as rupee plunged to historic low of 66-level.
BSE: Top losers and gainers 27 Aug 2013 | 06:14 pm
The 30-share Sensex declined 590.05 points or 3.18 per cent to close at 17,968.08 and the 50-share Nifty dropped 189.05 points or 3.45 per cent at 5,287.45 levels.
India likely to grow below 5% this fiscal 27 Aug 2013 | 05:52 pm
The parlous state of Asia's third largest economy was reflected in the rupee's 18 per cent plunge against the dollar to all time lows since May, when signals emerged that the US Federal Reserve was co...
Onion production estimated to fall by 5%: Minister 27 Aug 2013 | 05:43 pm
Country's onion output stood at 175.11 lakh tonnes in the crop year 2011-12, while in the year 2012-13 production is estimated at 166.55 lakh tonnes (provisional), Agriculture Minister Sharad Pawar sa...
Travel freaks keep plans intact despite a weak rupee 27 Aug 2013 | 05:11 pm
According to a Mid Year Traveller Sentiment survey by TripAdvisor, travellers have not totally abandoned holiday plans with 41 per cent respondents wanting to take more holidays in 2013 as compared to...
China joins G20-led global crackdown on tax evasion 27 Aug 2013 | 05:07 pm
China became the 56th signatory to the agreement by signing the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. With this all the G20 nations, including India, have become ...
Opposition slams govt in LS over state of the economy 27 Aug 2013 | 04:58 pm
Citing rising prices, slowdown in growth and depreciation of rupee among the problems facing the economy, the opposition members said in the Lok Sabha that they feared the repeat of the 1991 crisis wh...
More pressure in store for the rupee: Barclays 27 Aug 2013 | 04:35 pm
Emerging market currencies including Indian rupee are likely to remain under pressure, though depreciation is expected to slow from here, Barclays said in a research report.
Orissa CM expresses shock over rupee depreciation 27 Aug 2013 | 04:01 pm
It is shocking that the rupee has crossed the 65 mark vis-a-vis US dollar, Orissa chief minister said.
