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The rupee tumbled past 63.00 to the dollar, down about 2 per cent on the day and breaching the previous low of 62.03 hit on Friday despite a spate of measures in recent weeks by the central bank and government to defend it.
China's economy is in transition, with rising wage costs and massive overcapacity.
Boosted by handsome royalty from oil facilities at Barmer, the Rajasthan government has spent nearly Rs 30,000 crore on various social welfare schemes in the last four-and-a-half years. Chief Minister Ashok Gehlot tells Business Standard's Mayank Mishra that the state's better performance on various socio-economic indices is a result of that. The excerpts:
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
History would indicate that a recession is not that far off.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
The veteran director feels Hindi cinema has come a long way and is hopeful it will achieve greater heights.
Its time the RBI, govt pushes reforms to boost global investment
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
Power2SME, a one-stop shop for sourcing and buying raw materials for SMEs, is the only B2B firm in this space.
'India's economy is growing faster compared to the developed economies of the world.' 'More importantly, it is growing faster compared to most of the developing economies.' 'The monsoon is not the only thing that drives the rural economy and certainly not the national economy.' 'It is too simplistic to reduce everything to the monsoon.'
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Slow pace of reforms in India is disappointing: Faber
Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
India Inc has few leaders who are likely to grab headlines in 2015.
Indian economy about to take-off
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
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