Devidutta Tripathy And Manoj Kumar

Stories by Devidutta Tripathy And Manoj Kumar

India's April-June fiscal deficit at $43.57 bn

India's April-June fiscal deficit at $43.57 bn

Rediff.com   31 Jul 2013

Net tax receipts for the first three months of 2013 touched Rs 1.02 trillion.

Air India probing overheated oven on Dreamliner flight

Air India probing overheated oven on Dreamliner flight

Rediff.com   26 Jul 2013

The overheating of the oven during a July 24 flight from New Delhi to Kolkata did not cause a fire

India seeks NRI flows for rupee defence, not sovereign bond

India seeks NRI flows for rupee defence, not sovereign bond

Rediff.com   22 Jul 2013

Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.

RBI will consider inflation data for policy review: Subbarao

RBI will consider inflation data for policy review: Subbarao

Rediff.com   15 Jul 2013

The bank is due to review the monetary policy on July 30.

Oil ministry asked to examine new gas pricing

Oil ministry asked to examine new gas pricing

Rediff.com   11 Jul 2013

Media has raised the issues that new pricing to benefit Reliance Industries.

India's gold import headache to resume after June plunge

India's gold import headache to resume after June plunge

Rediff.com   8 Jul 2013

India's gold imports could pick up in the next few months after slumping 81 percent in June as falling prices spur buying, a government source said, adding to New Delhi's anxiety over a record-low rupee and a wide current account deficit.

June gold imports decline 80.6%

June gold imports decline 80.6%

Rediff.com   8 Jul 2013

India sharpened measures to curb imports of the yellow metal by hiking the import duty and restricting consignment imports, after shipments jumped to more than 300 tonnes in April and May.

PM, industry leaders to discuss rupee fall on July 29

PM, industry leaders to discuss rupee fall on July 29

Rediff.com   8 Jul 2013

The rupee fell to an all-time low of 61.21 on Monday, sparking speculation about potential measures from the Reserve Bank of India, including providing a special window for oil companies to buy dollars.

FM advises state-run banks to cut interest rates

FM advises state-run banks to cut interest rates

Rediff.com   3 Jul 2013

The Reserve Bank of India has cut repo rates, the rate at which it lends money to banks, by 75 basis points since January this year, but most banks have not lowered lending rates.

Vodafone offers Rs 4,000 cr for licence renewal in 3 cities

Vodafone offers Rs 4,000 cr for licence renewal in 3 cities

Rediff.com   1 Jul 2013

The price offered is about a quarter of the value set by the govt in an auction that was scheduled for March 2013 but never took place.

Postal department to apply for bank licence: official

Postal department to apply for bank licence: official

Rediff.com   27 Jun 2013

The department has a network of more than 150,000 post offices across the country.

Current account gap may go up: Chidambaram

Current account gap may go up: Chidambaram

Rediff.com   27 Jun 2013

It may widen because of money outflows.

Market is over reacting to current account deficit: FM

Market is over reacting to current account deficit: FM

Rediff.com   27 Jun 2013

India's current account deficit hit a record high 4.8 per cent of gross domestic product in the fiscal year that ended in March

India to take action to stem rupee fall as necessary: Rajan

India to take action to stem rupee fall as necessary: Rajan

Rediff.com   20 Jun 2013

Rupee, he said, is not in shambles and "we should not be overtly pessimistic".

India's May trade deficit widens on high gold imports

India's May trade deficit widens on high gold imports

Rediff.com   17 Jun 2013

India has been struggling to control the current account deficit that hit an all-time high of 6.7 percent of GDP in the December quarter.

India considers easing rules for sovereign wealth funds to stem rupee fall

India considers easing rules for sovereign wealth funds to stem rupee fall

Rediff.com   11 Jun 2013

Two senior ministry officials, who declined to be named, said the aim was to attract more capital flows from wealth funds in West Asian countries.

India imported around 162 tonnes of gold in May: FinMin

India imported around 162 tonnes of gold in May: FinMin

Rediff.com   3 Jun 2013

Earlier, Finance Minister P Chidambaram had said he thought the figure was 262 tonnes.

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Rediff.com   31 May 2013

The company had dent of about Rs 14,070 crore.

April trade deficit jumps on huge gold imports

April trade deficit jumps on huge gold imports

Rediff.com   13 May 2013

Overall, merchandise imports rose 10.9 per cent to $41.95 billion.

Car makers endure worst sales streak in history

Car makers endure worst sales streak in history

Rediff.com   10 May 2013

Economic gloom and rising ownership costs have savaged sales.