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Weak banks to shallow markets: Full rupee convertibility may be premature for India now

May 19, 2015

Weak banks to shallow markets: Full rupee convertibility may be premature for India now

India needs to step forward to make full float of the rupee happen in order to strengthen its image as an emerging global power #RBI #IMF #Raghuram Rajan #Capital Controls #full rupee convertibility #forex flows #AV Rajwade
Global integration: RBI official says there is no escape from full rupee convertibility

May 19, 2015

Global integration: RBI official says there is no escape from full rupee convertibility

The Indian currency is convertible only on current account, though some capital account transactions are also permitted #RBI #Forex #Capital control #Rupee convertibility
Kolkata Knight Riders shares undervalued? Shah Rukh Khan summoned by ED over forex violation

May 13, 2015

Kolkata Knight Riders shares undervalued? Shah Rukh Khan summoned by ED over forex violation

KKR owner Shah Rukh Khan has been issued a summons as a result and he will need to appear before the end of the month. #IPL #Sports #Kolkata Knight Riders #Shah Rukh Khan #Forex #ED

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The rupee will stay weak in the range of Rs 48-52 against dollar

Sep 22, 2011

The rupee will stay weak in the range of Rs 48-52 against dollar

Thanks to global risk-aversion and the US Fed's 21 September decisions, the dollar continues to remain strong. The rupee will remain weak till the risk-aversion remains #India #Rupee #US Dollar #ForexFever #NotJobsButPassion