'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
According to the global financial services major, FIIs have recouped around 25 per cent of the outflows seen over the June-August period, when the country witnessed its sharpest bout of FII outflows since the global financial crisis.
Drop in oil prices and the government's reform agenda has helped India to be out of the Fragile Five group
Stability in currency markets was only restored from September.
Prime Minister's Economic Advisory Council Chairman C Rangarajan dashes bullion firms' duty cut hopes.
The current capital flight is a short-term phenomenon, the agency said.
'For the RBI, it is also strategic to allow the rupee to over-depreciate, then come and buy the rupee, and benefit from its appreciation. Speculators who have driven the rupee too low then make losses,' says Ashima Goyal.
Manipal University offers Masters of Science, for working professionals in niche areas of technology.
Policies to address CAD has worked well believes the bank's economists.
Centre shows optimism of achieving the target of 4.1% at back of recent measures and turn around in manufacturing.
He also indicated that the current position of the rupee is competitive against world currencies.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
The government raised import tariff value on gold to $385 per 10 grams.
Gold prices are set to drop further in the domestic market, owing to the rupee's appreciation.
Oil and gold had accounted for 45 per cent of India's imports bill in 2012-13.
The chocolate may turn a tad bitter for Cadbury India. In a clear victory for the chocolate maker's minority shareholders, Ernst & Young (E&Y)--the Bombay High Court-appointed valuer--has recommended a 30 per cent premium to the company's valuation than what was prescribed by two independent valuers, Bansi S Mehta and SSPA.
The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
The government has taken a number of steps to stem the depreciation of rupee including moderation in demand of non-essential imports and enhancing supply of capital flows, Finance Minister P Chidambaram said.
'You may be an MP or an MLA; when we go to Bengal, we go as cadre.'
The govt would also be coming out with more measures to deal with inflation.
Sajid-Wajid's music in this film is better than what we've seen from them so far.
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A weak rupee makes imports costlier, including oil and other commodities.
The contraction in imports helped narrow trade deficit to $7.67 billion in August 2016
As Narendra Modi sharpened his attack on the government accusing it of failing to curb price rise, Finance Minister P Chidambaram on Friday hit back saying the BJP's prime ministerial candidate will have to "unlearn" a lot before he learns about Indian economy.
The companies' underrecoveries stood at a whopping Rs 1,39,869 crore last financial year. Of that, Rs 62,837 crore was accounted for by diesel alone.
Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.
Addressing bankers and economists at Bancon 2013, a flagship event of the Indian Banks' Association, Chidambaram told the lenders to deal firmly with wilful defaulters, but handhold those who are reeling under the impact of the economic slowdown.
Kamath said India's economic climate had started improving.
India must take urgent measures like issuing sovereign guaranteed bonds and exempting FIIs from short term capital gains tax to stem the rupee's slide, India Inc said.
Manipal University announces admissions to PG course Panchakarma, a type of Ayurveda
Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.
TCS is the country's most valued firm with a market capitalisation of Rs 687,123.96 crore
The university opens admissions to courses for the year 2008.
It's time to step on the reforms accelerator.
BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
The global demand recovery is likely to stay sluggish.
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
Rupee, he said, is not in shambles and "we should not be overtly pessimistic".
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