IT Stocks Lose Out as Investors Choose Battered Sectors Amid Appreciating Rupee

MUMBAI: IT stocks have lost some of the sheen over the past few days as wary investors turn away from export oriented sectors at a time w... Read more »

Economic Development Slides to 4.4% in Q1, Lowest in Four Years

N ew Delhi: Pulled down by a drop in mining and manufacturing output, economic growth in the April-June quarter slid to 4.4 percent, p... Read more »

Chetan Bhagat Attacked For Tweet On Rape And Rupee

B est-selling author Chetan Bhagat faced nationwide anger on social media sites on Wednesday after tweeting that the country's plung... Read more »

RBI to Sell Dollars to Oil Companies to Shore Up Rupee

T he Reserve Bank of India announced late on Wednesday a special window "with immediate effect" to sell dollars through a desi... Read more »

Rupee hits Record Low against Dollar, Hurts Markets

T he rupee fell below the 62 level for the first time, plummeting to 62.03 against the dollar, after the Reserve Bank of India announc... Read more »

Forecasters See Rupee Weakening to 59.5 By March

M umbai: Professional forecasters see the rupee to remain weak and close this fiscal year a shade below 60 versus dollar even as Reserve... Read more »