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Chidambaram calls for high level of probity in capital market

Last Updated: Saturday, December 14, 2013, 11:58

The statements comes in the backdrop of Rs 5,600 crore payment crisis at National Spot Exchange Ltd (NSEL).

CAD to come down below 3% this fiscal: PMEAC

Last Updated: Friday, November 29, 2013, 12:56

He exuded confidence that the Indian economy will grow at 5.3 percent in 2013-14.

CAD likely to be 2.5-2.7% this fiscal: Ahluwalia

Last Updated: Wednesday, November 27, 2013, 18:09

Planning Commission Deputy Chairman Montek Singh Ahluwalia Wednesday said the current account deficit may remain between 2.5 percent and 2.7 percent of the GDP this fiscal.

Rupee's dip not to trigger rating action at this point: Fitch

Last Updated: Thursday, November 21, 2013, 19:03

Economic growth in the current fiscal is expected to decline to 4.8 percent, from 5 percent in 2012-13 but it could recover to 5.8 percent in 2014-15, it said.

RBI pegs CAD at $56 bn, says no reason for rupee decline

Last Updated: Wednesday, November 13, 2013, 18:15

Seeking to reassure investors, RBI Governor Raghuram Rajan Wednesday said there is no fundamental reason for rupee to fall again, and pegged the current account deficit for 2013-14 at USD 56 billion, much lower than the quantum estimated earlier.

RBI to relax norms for forex futures after rupee stabilises

Last Updated: Monday, October 07, 2013, 13:17

Reserve Bank on Monday said it will look at easing restrictions on the forex futures market once stability improves in the foreign exchange market.

Over $5 billion received through swap facility: Rajan

Last Updated: Friday, October 04, 2013, 22:01

Over five billion dollars have come in through the swap facility which was launched in September to combat rupee depreciation, RBI Governor Raghuram Rajan on Friday said.

Rupee value should be 59-60 to a dollar: Chidambaram

Last Updated: Friday, September 27, 2013, 18:14

"We think that based on the REER (real effective exchange rate) value, that (59-60) is the right level of the rupee and it should not overshoot its mark.

Hyundai to hike prices by up to Rs 20,000 next month

Last Updated: Thursday, September 19, 2013, 13:42

HMIL will hike prices across models, except the newly launched compact car Grand i10.

Rupee up 142 paise at 61.96 Vs dollar

Last Updated: Thursday, September 19, 2013, 09:48

Rupee showed a sharp gain of 142 paise or 2.24 percent from its last close.

Rupee washes out initial losses, up 19 paise at 63.18 Vs dollar

Last Updated: Wednesday, September 18, 2013, 09:42

The rupee washed out earlier losses Wednesday and was quoted higher by 19 paise to 63.18 per dollar on fresh selling of the US currency by banks and exporters on the back of its weakness overseas.

Rupee gains 43 paise at 62.95 Vs dollar in early trade

Last Updated: Thursday, September 12, 2013, 09:56

The domestic currency has spurted by 425 paise or 6.28 percent in last five straight sessions.