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Latest Economy News
In line with other firming Asian currencies amid increased capital inflows by foreign funds into equities, the Indian rupee rose by 17 paise to 45.44 dollar in the early trade.
However, at the Interbank.... read full story
The Reserve Bank (RBI) stated that high inflation due the food prices has commenced spreading to the broader economy.
But, however, it is expected to ease on account of an expected moderation in food.... read full story
Putin''s deputy, Sergei Sobyanin stated that during the visit of Prime Minister Vladimir Putin, Russia is planning to ink over $10 billion worth of deals with India.
Meanwhile, the deals will range.... read full story
India''s Foreign Direct Investment (FDI) inflows reduced by 25 % to $2.04 bn in January 2010 as compared to the corresponding period of the previous year, breaking a trend of positive growth in the previous.... read full story
Ficci said that the government should push ahead with disinvestment while paying attention to the timing.
This is due to the unenthusiastic response to sale of equity in power PSUs NTPC and REC notwithstanding,
Ficci''s.... read full story
The government is in a tight spot by its allies and opposition parties alike due to the concerns over food inflation.
But, however, chief economic advisor Kaushik Basu came out supporting the government.... read full story