Economy News

RBI to Issue Rs. 100 Notes With Rupee Symbol

The Reserve Bank of India (RBI) will shortly issue Rs 100 notes, which will have the rupee symbol.

Jan 20, 2012

RBI's Reference Rate for Dollar on January 19, 2012

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 50.2890 rupees and the euro 64.6664 rupees.

Jan 19, 2012

Rupee Turns Lower in Afternoon Trade

The rupee came off its day's highs, to turn lower in afternoon trade on Wednesday, tailing euro, with oil buying and choppy domestic shares adding to the pressure.

Jan 18, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 50.6655 rupees and the euro 64.6314 rupees.

Jan 18, 2012

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RBI's Reference Rate for Dollar Today (Jan 17, 2012)

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 51.0650 rupees and the euro 64.9998 rupees.

Jan 17, 2012

Moderation in Inflation Could Continue in Coming Months: Pranab Mukherjee

The country's Union Finance Minister, Pranab Mukherjee, has said the decline in the monthly headline inflation for Dec. 2011 to 7.47 percent (down from 9.11 percent in Nov. 2011) was mainly due to a significant decline in inflation for primary articles, including food inflation, in the month of Dec. 2011.

Jan 16, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 51.6545 rupees and the euro 65.3173 rupees.

Jan 16, 2012

RBI's Reference Rate for Dollar on January 13, 2012

The Reserve Bank of India Friday fixed the reference rate for the U.S. dollar at 51.4310 rupees and the euro 66.1743 rupees.

Jan 13, 2012

RBI's Reference Rate for Dollar Today (Jan 12, 2012)

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 51.8290 rupees and the euro 65.9013 rupees.

Jan 12, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 52.2255 rupees and the euro 66.7978 rupees.

Jan 10, 2012

RBI's Reference Rate for Dollar on January 9, 2012

The Reserve Bank of India (RBI) on Monday fixed the reference rate for the US dollar at 52.7325 rupees and the euro 67.0098 rupees.

Jan 9, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Friday fixed the reference rate for the US dollar at 52.7838 rupees and the euro 67.4618 rupees.

Jan 6, 2012

DGCA Says Kingfisher Airlines Unsafe to Fly, Should Shut Down

The Directorate General of Civil Aviation (DGCA), the regulatory body for the aviation industry, has said that cash-strapped Kingfisher Airlines is unsafe to fly and should be wound up.

Jan 5, 2012