12 top of the mind questions that India Inc will be keen to know in 2012
Most forex pundits believe RBI will not want to let the rupee slide further. The optimists feel that the rupee will fare better in the second half of 2012 when economic fundamentals improve. Rahul Gandhi and the PM have said retail FDI should happen. ...
Rupee loses 3 paise; sheds 18.79 per cent in 2011
At the Interbank Foreign Exchange (Forex) market, the local currency commenced lower at 53.15/16 and later moved in a range of 53.36 and 53.02, before settling at 53.10/11. In the calendar year 2011, the rupee has crashed by 18.79 per cent. ...
Upbeat US Data Continues to Push Stocks Higher
Thursday's economic calendar will include weekly unemployment claims, Chicago PMI, pending home sales, and weekly oil inventories. Asian markets traded mostly lower in anxious anticipation of an Italian auction for 10-year notes, later in the day. ...