E-PaperWeak Rupee News
FPIs pulled out ₹83,000 crore in 2018 on oil prices, weak rupee
2018 was the worst year for Indian capital markets in terms of overseas investment since 2002, the last year for which segregated FPI data for equity and debt markets are available
2 min read6 Jan 2019Indian airlines seek emergency credit from oil firms, airports
Airlines are facing challenging times and substantial losses in the domestic environment, Federation of Indian Airlines says in letter to aviation secretary
2 min read21 Nov 2018Monetary policy decisions have become fiendishly complicated
RBI continues to keep the stance neutral, which affords it latitude toswing either way
3 min read1 Aug 2018Higher costs, lower yields weigh on airlines’ profitability
Costlier jet fuel and a weakening rupee are pushing down yields at airlines, driving them towards operating losses in the March quarter despite higher passenger loads
3 min read8 May 2018Titan to set up 2nd lens making unit in India
The company is also 'evaluating' a proposal to manufacture spectacle frames its domestically
2 min read28 Mar 2014Airlines bet on India market despite losses
They are lured by a vista of seemingly limitless potential in a country of 1.25 bn
4 min read13 Nov 2013Gold jumps on seasonal buying, weak rupee
Renewed demand from stockists and retailers surged prices by by `915 to ₹31,815 per 10gm
1 min read12 Nov 2013Rupee unlikely to strengthen further: Reuters poll
Rupee will struggle over next year due to uncertainty around elections, CAD and possible tapering in Fed's stimulus programme
2 min read7 Nov 2013Imported food items may cost up to 20% more on rupee slide
Some items could possibly go off shelves as importers wait for rupee to become less volatile
4 min read22 Jun 2013Petrol price hiked by `2 per litre on weak rupee
Price hike, effective midnight, is excluding sales tax or VAT, and the actual increase for consumers will be higher
2 min read15 Jun 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared