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Subhadip Sircar

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RBI chief urges 'deep breath' after market tumble

Reserve Bank of India (RBI) governor, Raghuram Rajan, expressed comfort on Wednesday about core inflation and highlighted the narrowing current account deficit as he sought to reassure investors......

Rupee ends at 62.47 versus US dollar, down 6 paise

The rupee fell on Friday to post its worst week in 2-1/2 months, tracking a weaker euro after a surprise rate cut by the European Central Bank and as state-run oil refiners started sourcing dollars......

S&P's India outlook remains negative

Standard & Poor's said on Thursday it may cut India's sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country's low economic......

Rupee ends at 62.39 versus US dollar, down 77 paise

The Indian rupee fell the most in over two months on Wednesday on sustained dollar demand from state-run banks, leading to speculation that they were buying on behalf of oil refiners. The Reserve......

Rupee gains on inflows; Economy still a dampener

The Indian rupee recovered from lows to snap two sessions of losses on Tuesday on bunched up dollar sales related to foreign fund inflows, even as another economic indicator pointed to continued......

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