RBI has slashed lending rate by 50 bps yesterday but today USDINR exchange rate has crossed 51.80 with a low of 51.90. In past one year the exchange rate has hovered in the vicinity of...
Mumbai, December 17, 2011 : Another week has been gone pass and its no different this time, negative news continue to stock mint street and all market be it Equities, Currencies or commodities are making...
Mumbai, December 15, 2011 : The Indian Rupee recovered from the intraday lows on possible RBI intervention.By the time Indian Equity Market closed the rupee was at 53.86 against the dollar, recovering from the intra-day...
Mumbai, December 14, 2011 : The wholesale price index (WPI) for the month of November rose 9.11% from a year earlier, slowing from a 9.73% rise in October. Inflation internals reveals that food inflation stood...