Millennium Post

Rupee slides 13 paise to close at 57.15

28 Jun 2012 1:51 PM GMT
The rupee depreciated by another 13 paise to settle at 57.15, registering same as its last Friday's all-time closing low, against the Greenback on...

Govt to check rupee fall: Pranab

25 Jun 2012 1:43 AM GMT
The government will take measures to check the fall in rupee, finance minister Pranab Mukherjee on Sunday said.‘Yes, of course,’ Mukherjee said when...

'No outside help to tackle economic woes'

25 Jun 2012 1:42 AM GMT
As the government prepares to unveil some measures to revive the economy, Prime Minister Manmohan Singh said India cannot expect ‘outside help’ on a...

Rupee hits all-time low at 56.57

22 Jun 2012 2:19 AM GMT
On Thursday, the rupee hit all-time low of 56.57 on sustained dollar demand from oil importers amid a sharp fall in crude prices, before the Reserve...

FIIs pull out Rs 186 cr this month

18 Jun 2012 1:01 AM GMT
Foreign institutional investors (FIIs) have pulled out Rs 186 crore from the equity market in the first fortnight this month amid concerns over...

Alarm bells are ringing for the economy

4 Jun 2012 8:37 AM GMT
India’s economy is now faring worse than during the global financial melt-down of 2008. That speaks a lot about the reverse turn in the fortunes of...

'Rupee depreciation will help exporters'

2 Jun 2012 11:26 PM GMT
Notwithstanding concerns over the sliding rupee against the dollar, finance secretary R S Gujral on Friday said the depreciation of the Indian...

RBI can’t arrest rupee’s downward trend

2 Jun 2012 11:09 PM GMT
The Reserve Bank of India (RBI) cannot arrest the rupee’s decline if it is caused by weak fundamentals or global factors but can only take more...

Who killed the Indian Rupee?

2 Jun 2012 9:09 AM GMT
A national currency is a national pride. But, not in India. Not, at least, since its independence. In 1947, one Indian rupee was equivalent to one...

Falling rupee boon for manufacturing exporters

30 May 2012 3:11 AM GMT
While the depreciating rupee is giving sleepless nights to many, it is a huge opportunity for India's manufacturing exporters as their goods are now...

Indian rupee woes show economic drift

29 May 2012 9:34 AM GMT
India's rupee, which hit an unprecedented string of all-time lows last week, is set for more falls unless policymakers move quickly to put Asia's...

RBI to take steps to arrest rupee fall

25 May 2012 6:19 AM GMT
Amid steep decline in the value of rupee, the Reserve Bank of India (RBI) on Thursday said that it is monitoring the situation and will do whatever is...
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