Leather companies earn more from Armani on weak rupee
CHENNAI: The entire country is weeping over the recent slide in the rupee. But Mohan Sreenivas is a happy man, as are several of his […]
Finance
Income tax department goes slow on refunds over Rs 1 lakh
New Delhi: The income tax department is going slow on several refunds of over Rs 1 lakh for 2011-12, amid slowing revenue growth due to the faltering […]
No reversal of economic reforms, will reverse rupee slide: Prime Minister Manmohan Singh
NEW DELHI: Prime Minister Manmohan Singh on Friday ruled out reversal of reforms or resorting to capital controls to rescue the sliding rupee, which he said fell […]
Dollar not alone, rupee breaches key levels across the board
NEW DELHI: As rupee’s record fall against the US dollar continues to hog the limelight, it has also lost ground and breached key levels against a host […]
Food bill raises fiscal fears, rupee posts biggest fall in nearly 18 years
MUMBAI/NEW DELHI: Rupee hit a record low and posted its biggest percentage fall in 18 years on Tuesday as Parliament’s approval of a $20 billion plan to […]
Sensex down over 450 points; rupee hits record low
MUMBAI: The BSE benchmark sensex was down by over 450 points in the late morning session on Monday on fresh selling pressure due to sharp fall in rupee value […]
Govt plans 35% tax for super-rich
NEW DELHI: The government is expected to propose a higher levy for the super-rich under the new direct tax law, including a 35% levy on those earning […]
Rupee continues to struggle, hits life low of 65.56 vs dollar
MUMBAI: The rupee fell past 65 to the dollar to a record low on Thursday, after Federal Reserve minutes hinted that the US was on course to […]
Rupee at all-time low, falls to 62.46 per dollar; sensex falls 225 points
MUMBAI: The rupee dropped to a record low of 62.46 per dollar in late morning trade on Monday on persistent demand for the US currency from banks […]
Indian Rupee slips to all-time record low of 61.70 Vs dollar
Mumbai: Indian stock market slipped below the trillion-dollar level in terms of total valuation of all listed companies on Tuesday morning, as downward pressure continued on rupees and […]