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Karachi , 2013-05-25 -- The Indian rupee recovered from a more than 8-1/2 month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback , on fears the central bank would intervene to stabilise the local currency. The rupee still posted a fifth day of falls to mark its longest losing streak in over 3 months as worries about a potential pullbac...
Karachi : The Indian rupee recovered from a more than 8-1/2 month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback , on fears the central bank would intervene to stabilise the local currency. The rupee still posted a fifth day of falls to mark its longest losing streak in over 3 months as worries about a potential pullback in the US ...
Karachi , 2013-05-24 -- The Indian rupee fell for a 4th successive session on Wednesday to mark its longest losing streak in over 3 months, hurt by dollar demand from oil refiners , a late fall in equities. The rupee's fall comes despite strong foreign flows into stocks , debt markets this year, as concerns about the current account deficit have revived after data earlier this month s...
Mumbai , 2013-05-24 -- India has to increase the scope , definition of micro, small , medium enterprises (MSMEs) if it wants manufacturing companies to compete globally against larger economies , facilitate a rise in exports, said T.C.A. Ranganathan , chairman , managing director of Export-Import Bank of India (Exim), the largest export financier in the region. Ranganathan's comm...
The UAE has registered a 23 per cent decline in hiring, as reported by the April 2013 Monster.com employment Index. The index detailed that engineering, construction , real estate are the only sectors to have recorded non-negative growth. However, hospitality , travel, , healthcare are up 1 per cent each, which signifies a lead in annual growth amongst the other occupation groups...
Karachi : The Indian rupee fell for a 4th successive session on Wednesday to mark its longest losing streak in over 3 months, hurt by dollar demand from oil refiners , a late fall in equities. The rupee's fall comes despite strong foreign flows into stocks , debt markets this year, as concerns about the current account deficit have revived after data earlier this month showed a spike...
BHUBANESWAR, 2013-05-23 -- With the Planning Commission once again rejecting the Odisha's demand for special category status, the ruling BJD on Wednesday said it would redouble its efforts to renew the public movement against the UPA Government at the Centre. "We strongly condemn the rejection of the genuine demand of the State when Union Finance Minister P Chidambaram had assured the Parli...
Beijing , 2013-05-23 -- Top leadership might be talking about addressing the bilateral trade deficit issue between India , China, but experts in Beijing have warned that the imbalance is set to increase amid falling trade between the 2 regions. as reported by the data released by China's General Administration of Customs , in the 1st 4 months of the year, China- India trade decl...
MUMBAI : Even as the rupee fell 31 paise to a 6-month low of 55.42 in the foreign exchange Industry, bankers said that near-term support for the domestic currency was visible on the back of capital flows , profit-booking by exporters. "Today's fall was a function of a 3 developments. There was some dollar buying by a large corporate which had gone long on the rupee. There was also a ...
India , 2013-05-23 -- At Nedumkandam Industry in Idukki, Cardamom Loose(Max. Price) is trading high at Rs. 862 per kg, higher by 1.29 per cent from previous dayand's price level. Traders reported arrivals at 60910 kgs, lower by 8343 kgs as compared to previous day. Loose...
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