Economy News

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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

Based on the reference rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of British pound as against the rupee is 79.0985.

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

RBI's Reference Rate for Dollar Today (Jan 5, 2012)

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 52.7810 rupees and the euro 68.1905 rupees.

Jan 5, 2012

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Fire at Delhi Airport, Offices Damaged

A fire broke out in the cargo handling section of the Indira Gandhi International Airport (IGIA), in New Delhi, early on Thursday morning.

Jan 5, 2012

India-Saudi Arabia Bilateral Talks: Trade Touches US$ 25,612.46 Million Says Govt.

Bilateral talks between the Indian Union Minister for Commerce, Industry & Textiles, Anand Sharma, and the Saudi Arabian Minister of Commerce & Industry, Tawfiq Bin Fawzan Al-Rabiah, were held in New Delhi, on Wednesday.

Jan 4, 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 53.1400 rupees and the euro 69.2485 rupees.

Jan 4, 2012

Aakash Tablet Defies Slow Economic Growth

India's economic growth may be slow but the demand for Aakash tablet, the world's cheapest tablet produced by DataWind, is incredible. The bookings of the tablet, which costs only Rs.2500, have touched 14 lakhs in just two weeks after it was put up for sale online.

Jan 3, 2012