Economy News

India, Japan Target $25 Billion Trade by 2014

Union Minister for Commerce, Industry and Textiles Anand Sharma has expressed hope that the bilateral trade between India and Japan will touch $25 billion by 2014.

Dec 29, 2011

RBI's Reference Rate for Dollar Today (Dec 28, 2011)

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 53.2145 rupees and the euro 69.5113 rupees.

Dec 28, 2011

RBI's Reference Rate for Dollar on December 27, 2011

The Reserve Bank of India Tuesday fixed the reference rate for the U.S. dollar at 52.8945 rupees and the euro 69.1508 rupees.

Dec 27, 2011

RBI's Reference Rate for Dollar on December 23, 2011

The Reserve Bank of India Friday fixed the reference rate for the US dollar at 52.7220 rupees and the euro 68.9048 rupees.

Dec 23, 2011

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 52.7825 rupees and the euro 68.8775 rupees.

Dec 22, 2011

Government Targets 95.04 Lakh Hectares for Cultivation of Bt. Cotton in 2011-12

The area under Bt. Cotton, the only genetically-modified crop, approved for commercial cultivation by the Genetic Engineering Appraisal Committee (GEAC), is reportedly set to be cultivated across 95.04 lakh hectares, for the year 2012-12, according to a statement by the Minister of State for Agriculture and Food Processing Industries.

Dec 21, 2011

RBI's Reference Rate for Dollar Today

The Reserve Bank of India Wednesday fixed the reference rate for the U.S. dollar at 52.6750 rupees and the euro at 69.1277 rupees.

Dec 21, 2011

RBI's Reference Rate for Dollar Today

The Reserve Bank of India Tuesday fixed the reference rate for the US dollar at 53.0270 rupees and the euro 68.9987 rupees.

Dec 20, 2011

RBI's Reference Rate for Dollar Today (Dec 19, 2011)

The Reserve Bank of India on Monday fixed the reference rate for the U.S. dollar at 52.9575 rupees and the euro at 68.9065 rupees.

Dec 19, 2011

Fake Currency Menace: Government Empowers National Investigation Agency

The Indian government has empowered the National Investigation Agency (NIA), under the National Investigation Agency Act, to inquire into the fake currency racket in the country and prosecute those held responsible, according to Namo Narain Meena, the Minister of State for Finance.

Dec 17, 2011

RBI's Reference Rate for Dollar on December 16, 2011

The Reserve Bank of India Friday fixed the reference rate for the U.S. dollar at 52.8140 rupees and the euro 68.8091 rupees.

Dec 16, 2011

RBI's Reference Rate for Dollar Today

The Reserve Bank of India Thursday fixed the reference rate for the US dollar at 54.2355 rupees and the euro 70.4602 rupees.

Dec 15, 2011

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 53.5770 rupees and the euro at 69.8925 rupees.

Dec 14, 2011

RBI's Reference Rate for Dollar Today

The Reserve Bank of India Tuesday fixed the reference rate for the US dollar at 53.4030 rupees and the euro at 70.4435 rupees.

Dec 13, 2011

2G Scam: CBI Files Chargesheet Against Essar and Loop Executives

The Central Bureau of Investigation (CBI) on Monday filed fraud and criminal conspiracy charges against five executives at Essar Group and Loop Telecom in connection the 2G spectrum scam.

Dec 12, 2011