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Customs all smiles as revenue mop-up jumps on Rupee pains

Last Updated: Sunday, September 15, 2013, 16:43

At least one arm of the harried North Block is a happy lot amid the falling rupee and is looking at it as a blessing in disguise, as the Customs Department is witnessing a near double-digit uptick in revenue collection.

Rupee fall has forex reserves plunging $16.5 bn since April

Last Updated: Sunday, September 08, 2013, 17:34

The Reserve Bank was net seller of the dollar twice this year in May and June, according to its monthly data.

'Rupee depreciation matter of concern but no reason for despair'

Last Updated: Saturday, September 07, 2013, 22:37

"The recent depreciation of rupee, which is more than 18 percent during the last one year, high food inflation and a drop in manufacturing activity are matters of concern.

Sensex rises for second day; closes above 18,600

Last Updated: Friday, August 30, 2013, 10:22

The 30-share barometer rallied 218.68 points to close at 18,620 led by buying in IT, FMCG, banking, healthcare stocks.

BSE Sensex down 71 points in opening trade

Last Updated: Friday, August 30, 2013, 10:00

Besides, profit-booking by speculators after yesterday's strong rally also weighed on sentiment.

Rupee spoils holidays abroad for Indians, but not for all

Last Updated: Friday, August 30, 2013, 09:19

While a rising dollar has hit Indians’ purchasing power for plane tickets and hotel stays, travelling abroad has never been off the table for some.

Rupee crash forces holidaymakers to ditch Italy for Goa

Last Updated: Friday, August 30, 2013, 09:09

The rupee's crash has swept away banker Nupur Sood's dream of a holiday in Venice: instead the 35-year-old will settle for cold beers on the beaches of Goa on India's west coast.

Rupee meltdown: How it will impact you

Last Updated: Thursday, August 29, 2013, 09:09

Let’s have a look at how continuous depreciation of the Indian currency will affect the common man.

Why has govt failed to arrest rupee's free fall?

Last Updated: Wednesday, August 28, 2013, 12:00

Constant efforts of the government might bring a very marginal respite for the rupee, but to bring it back to 55-level will be an uphill struggle.

Sensex stages smart recovery after plunging over 500 points

Last Updated: Wednesday, August 28, 2013, 09:36

On similar lines, the broad-based National Stock Exchange index Nifty recovered by over 7.12 points to 5,272.96.

Rupee's collapse confounds India Inc

Last Updated: Wednesday, August 28, 2013, 08:49

Companies such as Whirlpool of India Ltd say they can't plan more than a couple of months out as a fast-falling rupee currency drives up the cost of imports, forcing them to raise prices even as consumer spending crumbles.

BSE Sensex snaps 3-day losing streak; up 200 points

Last Updated: Wednesday, August 21, 2013, 09:55

The 30-share index rose by 193 points to 18,439. Similarly the NSE Nifty gained by 64 points to 5,404.